BPNG
E1024230
BPNG is the central bank of Papua New Guinea, responsible for issuing currency, formulating monetary policy, and overseeing the country’s financial system.
All labels observed (1)
| Label | Occurrences |
|---|---|
| BPNG canonical | 1 |
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
central bank
ⓘ
financial institution ⓘ |
| abbreviation | BPNG NERFINISHED ⓘ |
| collaboratesWith |
Government of Papua New Guinea
NERFINISHED
ⓘ
international financial institutions ⓘ |
| country | Papua New Guinea ⓘ |
| currencyIssued | Papua New Guinean kina NERFINISHED ⓘ |
| fullName | Bank of Papua New Guinea NERFINISHED ⓘ |
| goal |
maintain confidence in the national currency
ⓘ
support sustainable economic growth in Papua New Guinea ⓘ |
| headquartersLocation | Port Moresby NERFINISHED ⓘ |
| implements | monetary policy in Papua New Guinea ⓘ |
| ISO4217CurrencyCodeIssued | PGK ⓘ |
| issues |
banknotes of Papua New Guinea
ⓘ
coins of Papua New Guinea ⓘ |
| jurisdiction | Papua New Guinea NERFINISHED ⓘ |
| legalStatus | statutory authority ⓘ |
| maintains | official foreign reserves of Papua New Guinea ⓘ |
| monetaryPolicyInstrument |
open market operations
ⓘ
policy interest rates ⓘ reserve requirements ⓘ |
| monetaryPolicyObjective |
financial system stability
ⓘ
price stability ⓘ |
| oversees | foreign exchange market in Papua New Guinea ⓘ |
| ownedBy | Government of Papua New Guinea NERFINISHED ⓘ |
| regionServed | Papua New Guinea NERFINISHED ⓘ |
| regulates |
commercial banks in Papua New Guinea
ⓘ
other licensed financial institutions in Papua New Guinea ⓘ |
| regulatoryFunction |
enforcement of banking regulations
ⓘ
licensing of financial institutions ⓘ prudential regulation of banks ⓘ |
| responsibility |
ensuring the smooth functioning of payment and settlement systems in Papua New Guinea
ⓘ
formulating monetary policy ⓘ issuing currency ⓘ overseeing the financial system of Papua New Guinea ⓘ |
| role |
advisor to the Government of Papua New Guinea on financial and economic matters
ⓘ
guardian of financial stability in Papua New Guinea ⓘ issuer of legal tender in Papua New Guinea ⓘ lender of last resort in Papua New Guinea ⓘ manager of Papua New Guinea’s foreign exchange reserves ⓘ |
| sector |
banking
ⓘ
finance ⓘ |
| supervises |
banking sector in Papua New Guinea
ⓘ
payment systems in Papua New Guinea ⓘ |
| typeOfOrganization | public institution ⓘ |
| website | https://www.bankpng.gov.pg/ ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.