The National Reserve Bank of Tonga (NRBT; Tongan: Pangikē Pule Fakafonua ʻo Tongá) 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 current Governor is Ngongo Kioa.[3]
National Reserve Bank of Tonga was established on 1 July 1989.[7] It was preceded as monetary authority and holder of foreign reserves by Bank of Tonga, which was established in 1974.[8]
Governorsedit
Sione Ngongo Kioa
Governor of the bank is appointed for renewable five-year terms.[9][10]
national, reserve, bank, tonga, nrbt, tongan, pangikē, pule, fakafonua, tongá, central, bank, tonga, reserve, bank, responsible, regulating, issue, supply, domestic, international, currency, well, promoting, monetary, stability, economic, development, also, ad. The National Reserve Bank of Tonga NRBT Tongan Pangike Pule Fakafonua ʻo Tonga 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 current Governor is Ngongo Kioa 3 National Reserve Bank of TongaHeadquartersNukuʻalofaEstablishedJuly 1 1989 1989 July 01 Ownership100 state ownership 1 GovernorTatafu MoeakiCentral bank ofTongaCurrencyTongan pa angaTOP ISO 4217 Reserves140 million USD 1 Websitewww wbr reservebank wbr toNRBT is active in promoting financial inclusion and is a member of the Alliance for Financial Inclusion 4 NRBT Building hosts the Embassy of Japan 5 NRBT Is the current tallest building in Tonga standing at 18m 59 ft 6 Contents 1 History 2 Governors 3 See also 4 References 5 External linksHistory editNational Reserve Bank of Tonga was established on 1 July 1989 7 It was preceded as monetary authority and holder of foreign reserves by Bank of Tonga which was established in 1974 8 Governors edit nbsp Sione Ngongo KioaGovernor of the bank is appointed for renewable five year terms 9 10 Alan E Gee July 1989 July 1991 Siosiua Utoikamanu July 1991 May 2003 Siosi Cocker Mafi May 2003 July 2013 Sione Ngongo Kioa August 2013 October 2022 Tatafu Moeaki December 2022 present 11 See also editMinister of Finance Tonga References edit a b Weidner Jan 2017 The Organisation and Structure of Central Banks PDF Katalog der Deutschen Nationalbibliothek Tasks and functions of the NRBT Archived from the original on 2007 07 08 Retrieved 2007 08 05 Tonga s Reserve Bank explains licence revoke 2016 08 01 Retrieved 2016 09 22 AFI members AFI Global 2011 10 10 Archived from the original on 2012 02 20 Retrieved 2012 02 23 General Information Ministry of Foreign Affairs of Japan National Reserve Bank of Tonga Emporis com Archived from the original on January 16 2018 About the National Reserve Bank of Tonga Archived from the original on 1 November 2012 Retrieved 3 September 2012 Appraisal of the third multiproject and Tonga Development Bank project in Tonga 1986 National Reserve Bank of Tonga About 31 August 2013 Archived from the original on 2013 08 31 Governor Kioa s Welcoming Speech on the 30th Anniversary of the NRBT National Reserve Bank of Tonga www reservebank to Tatafu Moeaki new Governor of National Reserve Bank of Tonga Matangi Tonga 2 January 2023 Retrieved 3 January 2023 External links editNRBT official website nbsp This Tonga related article is a stub You can help Wikipedia by expanding it vte nbsp nbsp This bank and insurance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title National Reserve Bank of Tonga amp oldid 1135804227, wikipedia, wiki, book, books, library,
