National Reserve Bank of Tonga

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National Reserve Bank of Tonga
HeadquartersNukuʻalofa
EstablishedJuly 1, 1989 (1989-July-01)
Ownership100% state ownership[1]
GovernorSione Ngongo Kioa
Central bank ofTonga
CurrencyTongan pa'anga
Reserves140 million USD[1]
Websitewww.reservebank.to

The National Reserve Bank of Tonga (NRBT) is the central bank of Tonga. The Reserve Bank is responsible for regulating the issue and supply of domestic and international currency, as well as promoting monetary stability and economic development. It also advises the Ministry of Finance on banking and monetary matters, acts as the principal banker and fiscal agent of the Government of Tonga, and is responsible for the licensing and supervision of financial institutions.[2] The bank was established on July 1, 1989.[3] The current Governor is Ngongo Kioa.[4]

NRBT is active in promoting financial inclusion and is a member of the Alliance for Financial Inclusion.[5]

NRBT Building hosts the Embassy of Japan.[6]

NRBT Is the current tallest building in Tonga, standing at 18m (59 ft).[7]

Governors[]

Sione Ngongo Kioa
  1. Alan Gee, July 1989 - July 1991
  2. , July 1991 – May 2003
  3. , May 2003 – July 2013
  4. Sione Ngongo Kioa, August 2013-

Source:[8]

References[]

  1. ^ Jump up to: a b https://d-nb.info/1138787981/34
  2. ^ "Tasks and functions of the NRBT". Archived from the original on 2007-07-08. Retrieved 2007-08-05.
  3. ^ "About the National Reserve Bank of Tonga". Archived from the original on 1 November 2012. Retrieved 3 September 2012.
  4. ^ "Tonga's Reserve Bank explains licence revoke". 2016-08-01. Retrieved 2016-09-22.
  5. ^ "AFI members". AFI Global. 2011-10-10. Archived from the original on 2012-02-20. Retrieved 2012-02-23.
  6. ^ "General Information". Ministry of Foreign Affairs of Japan.
  7. ^ "National Reserve Bank of Tonga". Emporis.com.
  8. ^ "Governor Kioa's Welcoming Speech on the 30th Anniversary of the NRBT - National Reserve Bank of Tonga". www.reservebank.to.

External links[]


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