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,
Israel–Papua New Guinea relations Israel–Papua New Guinea relations Israel–Papua New Guinea relations are diplomatic and other relations between the State of Israel and Papua New Guinea. Israel and Papua New Guinea established diplomatic relations in 1978, about 3 years after Papua New Guinea was granted independence. Israel's ambassador to Australia acts as non-resident ambassador to Papua New Guinea. While Papua New Guinea does not have an embassy in Israel, it has a consulate in Ramat HaSharon, with jurisdiction over the Tel Aviv Metropolitan Area. Since 2007, Ya'akov Weiss has been the Honorary Consul General of Papua New Guinea to Israel, and acts as the