National Reserve Bank of Tonga

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.[1] The bank was established on July 1, 1989.[2] The current Governor is Ngongo Kioa.[3]

NRBT is active in promoting financial inclusion and is a member of the Alliance for Financial Inclusion. [4]

References

  1. ↑ "Tasks and functions of the NRBT". Archived from the original on 2007-07-08. Retrieved 2007-08-05.
  2. ↑ "About the National Reserve Bank of Tonga". Archived from the original on 1 November 2012. Retrieved 3 September 2012.
  3. ↑ "Tonga's Reserve Bank explains licence revoke". 2016-08-01. Retrieved 2016-09-22.
  4. ↑ "AFI members". AFI Global. 2011-10-10. Archived from the original on 2012-02-20. Retrieved 2012-02-23.
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