We are Tonga's Central Bank, the National Reserve Bank of Tonga. The Reserve Bank is responsible for promoting monetary stability and economic development so that the people of Tonga have the confidence to spend, borrow, and save money.
You can think of the Reserve Bank as the guardian of the kingdom's financial system. We therefore must regulate and supervise the financial sector including banks and non-bank institutions.
One of our mandates is to manage the foreign reserves, the foreign exchange operations and implement monetary policy to achieve the Reserve Bank's principal objectives of maintaining monetary stability, promoting a sound and efficient financial system, and supporting economic growth.
The Reserve Bank is committed to promoting inclusive finance and ensuring that the people of Tonga are exposed to as many financial services as possible. We believe that the more financial services available to Tongans can improve their financial literacy and their confidence in our financial system.
It is our objective to maintain internal and external monetary stability, and the Reserve Bank, as stated in the National Reserve Bank of Tonga Act, shall conduct its activities in a manner that supports macroeconomic stability and economic growth.
The National Reserve Bank of Tonga (NRBT) is the Transaction Reporting Authority (TRA), which functions as Tonga’s Financial Intelligence Unit (FIU), and is responsible for the detection and prevention of money laundering and terrorist financing activities.
The National Reserve Bank of Tonga is responsible for regulating the issue of currency in the Kingdom of Tonga and maintaining an adequate supply of quality banknotes and coins in circulation to meet the public’s currency needs.