Bank of Papua New Guinea Bank of Papua New Guinea The Bank of Papua New Guinea is the central bank of Papua New Guinea. Its main function is to issue currency and to act as the banker and financial agent to the Government. It is also in charge of regulating banking and other financial services and manages the gold, foreign exchange and any other international reserves of Papua New Guinea. Mr Loi Martin Bakani is the current governor of the bank. Banking came to Papua in 1910 with the establishment of a branch of the Bank of New South Wales in Port Moresby. In 1916,
Papua New Guinea–Philippines relations with Papua New Guinea officials on the issues of access and trade. Under the proposed agreement, Papua New Guinea is willing to give fishing rights to Filipino commercial fishermen in its waters in exchange for agricultural commodities and rice. There are about 25,000 Filipinos currently in Papua New Guinea as of 2013. Papua New Guinea asked the Philippines for its support for its full membership bid in the Association of Southeast Asian Nations in 2009. Papua New Guinea–Philippines relations Papua New Guinea–Philippines relations refers to the bilateral relations of Papua New Guinea and the Philippines. Papua New Guinea has an