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,
Arawa, Papua New Guinea Island and Buka Island had long been accustomed to seeing films at church stations, while residents from elsewhere greatly desired them; videos were common and frequently shown by Lutheran, Anglican and Baptist churches in the area in an attempt to attract converts. These denominations did not previously operate on Bougainville and Buka, which prior to the Panguna mine had largely been Roman Catholic and Methodist-cum-United Church in Papua New Guinea and the Solomon Islands. Arawa, Papua New Guinea Arawa was the capital and largest town in the Autonomous Region of Bougainville in Papua New Guinea. It was largely destroyed during