The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 23rd September 2019, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending in order to support economic growth and strengthen the monetary policy transmission mechanism.

The National Reserve Bank of Tonga’s Board of Directors approved to release its Monetary Policy Statement (MPS) for February 2019. This Statement reviews Tonga’s economic growth and the Reserve Bank’s conduct of monetary policy in the six months to February 2019 and its outlook.

The National Reserve Bank of Tonga (NRBT) and the Pacific Financial Technical Assistance Centre (PFTAC) are hosting the AFSPC 17th Annual Meeting and workshop from 2nd - 6th September 2019 at the National Reserve Bank of Tonga Level 4 - Conference Centre.

The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 15th August 2019, approved to maintain its current monetary policy measures outlined below. This is to encourage the utilization of the excess liquidity in the banking system, through further lending to support economic growth and strengthen the monetary policy transmission mechanism.

The National Reserve Bank (Reserve Bank) would like to inform the general public that the Reserve Bank Board of Directors approved the revised Bank Licence Application Forms (Forms 1 - 4) to be effective on the 1st August, 2019, mainly to enhance the information required for the reviewing process of bank license applications.

The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 19th July 2019, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending in order to support economic growth and strengthen the monetary policy transmission mechanism.

Tonga’s Serious Financial Crimes Working Group meets the APG Secretariat and Assessment Team this week for the APG Pre-Mutual Evaluation Workshop at the Reserve Bank. The workshop will focus on Tonga’s draft technical compliance, effectiveness response, risk and scoping issues and preparations for the on-site mutual evaluation of Tonga in October.

Established on 1st July 1989, the National Reserve Bank of Tonga celebrated its 30th Anniversary on Friday 12th July 2019 at the Reserve Bank's Conference Centre, with a Thanksgiving Service. Lord Ma'afu and other distinguished guests including former employees, members from the public and private sectors joined the celebration. Read below for more information.

The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 14th June 2019, approved to maintain its current monetary policy measures. This is to encourage utilisation of the excess liquidity in the banking system, through further lending in order to support economic growth and strengthen the monetary policy transmission mechanism.

The Reserve Bank wishes to advise the public that it is aware that certain retail shops throughout Tongatapu and the outer islands are providing foreign exchange services without a valid license more specifically cash conversion of foreign currency.

The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 14th May 2019, approved to maintain its current monetary policy measures. This is to encourage utilisation of the excess liquidity in the banking system, through further lending in order to support economic growth and strengthen the monetary policy transmission mechanism.

The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 30th April 2019, approved to maintain its current monetary policy measures. This is to encourage utilisation of the excess liquidity in the banking system, through further lending in order to support economic growth and strengthen the monetary policy transmission mechanism.

It has come to the attention of The National Reserve Bank of Tonga (Reserve Bank) that the public has engaged in investing with “WorldVenture.” WorldVenture is a Multi-Level Marketing Company and is currently being promoted as a travel or tourism business, with its head office based in the United States.

The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 21st March 2019, approved to maintain its current monetary policy measures outlined below. This accommodative monetary policy stance is to encourage utilisation of the excess liquidity in the banking system, through further lending to support economic growth and strengthen the monetary policy transmission mechanism.

Na‘e tali ‘e he Poate ‘a e kau Talēkita ‘a e Pangikē Pule Fakafonua ‘o Tonga´ hili ‘enau fakataha ‘i he ‘aho 18 ‘o Fepueli 2019, ke kei hokohoko atu ai pē ‘a e ngaahi tu’utu’uni ngāue fakapa’anga lolotonga´. ‘Oku fakataumu’a eni ke ngāue’aki ‘a e hulu ‘i he pa’anga ngāue ‘a e ngaahi pangikē, ‘o fakafou mai ‘i hono tuku atu ‘a e ngaahi nō ki tu’a ke ne faka’ai’ai mo pātoloaki ‘a e tupu faka’ekonōmika ‘a e fonua´.

The National Reserve Bank of Tonga’s Board of Directors at its first meeting, on the 18th February 2019, approved to maintain its current monetary policy measures. This is to encourage utilisation of the excess liquidity in the banking system, through further lending in order to support economic growth and strengthen the monetary policy transmission mechanism.

‘Oku fakatokanga’i ‘e he Pangikē Puleˊ ‘a e lahi ‘a hono toutou ‘ohake ‘o e ngaahi fehu’i tatau pē fekau’aki mo e Lao ki hono Pule’i ‘o e Fetongi Pa’anga Muli 2018, ‘o fakatupunga ai ha ngaahi ta’efiemālie ki he Lao ni makatu’unga mei he ‘ikai ke mahino’i lelei mo e ‘ikai ke faka’uhinga’i tonu ‘a e Lao ko ‘eniˊ.

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