Tu‘utu‘uni ki he Fokotu‘utu‘u Ngāue Fakapa‘anga - Tisema 2021
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Na‘e tali ‘e he Poate ‘a e kau Talēkita ‘o e Pangikē Pule Fakafonua ‘o Tonga´ í he ‘enau fakataha ‘i he ‘aho 30 ‘o Novema 2021, ke kei hoko atu 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 pangikee´, ke nō atu ki he ngaahi sekitoa fakatupu´ pea mo tokoni’i e fakaakeake ‘a e ‘ekonōmika ‘a e fonua´ mei he ngaahi uesia ‘o e COVID-19.
Monetary Policy Decision - December 2021
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The National Reserve Bank of Tonga’s Board of Directors, at its board meeting on the 30th of November 2021, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system for further lending to growth sectors and supporting the economic recovery from the impacts of COVID-19.
Also read in Tongan:
Tu‘utu‘uni ki he Fokotu‘utu‘u Ngāue Fakapa‘anga - Tisema 2021
Directive Notice No. 2 of 2021 - Excluded Moneylenders
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The Reserve Bank is hereby issuing Directive No. 2 that supersedes Directive No. 1 issued on the 27th November 2020 that the following entities are exempted from the Moneylenders Act.
Tu‘utu‘uni ki he Fokotu‘utu‘u Ngāue Fakapa‘anga - Novema 2021
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Na‘e tali ‘e he Poate ‘a e kau Talēkita ‘o e Pangikē Pule Fakafonua ‘o Tonga´ í he ‘enau fakataha ‘i he ‘aho 11 ‘o Nōvema 2021, ke kei hoko atu 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 pangikee´, ke nō atu ki he ngaahi sekitoa fakatupu´ pea mo tokoni’i e ‘ekonōmika ‘a e fonua´ mei he ngaahi uesia ‘o e COVID-19.
Monetary Policy Decision - November 2021
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The National Reserve Bank of Tonga's Board of Directors, at its board meeting on the 11th of November 2021, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system by further lending to growth sectors and supporting the economy from the impacts of COVID-19.
Also read in Tongan:
Tu‘utu‘uni ki he Fokotu‘utu‘u Ngāue Fakapa‘anga - Novema 2021
Reserve Bank warns public on the “Tonga Financial Services Authority” website
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It has come to the notice of the National Reserve Bank of Tonga (NRBT) that a fake website in the name of “Tonga Financial Services Authority” (TFSA) has been created with the URL https://tfsa.to/ by some unknown person(s). The NRBT warns members of the public to exercise caution while accessing or when providing any information on this fake website, or other websites that may appear similar to the website of the NRBT.
Monetary Policy Decision - September 2021
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The National Reserve Bank of Tonga’s Board of Directors, at its board meeting on the 29th of September 2021, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system by further lending to growth sectors and supporting the economy from the impacts of COVID-19.
Also read in Tongan: Tu‘utu‘uni ki he Fokotu‘utu‘u Ngāue Fakapa‘anga
Authorized Foreign Exchange Services
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As required by section 4(1) of the Foreign Exchange Control Act 2018, the authority to conduct foreign exchange business in Tonga is restricted only to Authorized Persons licensed by the National Reserve Bank of Tonga. Members of the public are hereby advised that the following entities are Authorized Persons licensed to deal in foreign exchange under the Foreign Exchange Control Act 2018:
Also read in Tongan: Laiseni Fakafehū’aki Pa’anga Muli
Statement by Sione Ngongo Kioa, Governor: Monetary Policy Decision - July 2021
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According to the Governor of the Reserve Bank, Sione Ngongo Kioa, the domestic economic activities showed some improvements in May 2021. The primary sector reported higher exports of agricultural products, particularly cassava and taro. Meanwhile, the secondary industry varied with lower lending to the manufacturing and utilities sectors, while lending to the construction sector rose.
Also read in Tongan: Tu‘utu‘uni ki he Fokotu‘utu‘u Ngāue Fakapa‘anga
Unclaimed Monies - June 2021
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Please be advised that account holders (owners) of listed unclaimed monies are required to make your claim to your respective banks within 3 months from the first date of this publication. In accordance with section 94 of the Banking Act 2020 states, that any remaining unclaimed funds and properties after three (3) months claim period have met its expiry date, shall be presumed to be abandoned funds or properties and any claim shall be addressed directly to the Minister of Finance and is subject to the approval of the Minister of Finance.
Ngaahi Pa'anga 'Oku Te'eki Ke 'Eke'i
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Fakatokanga'i ange ko kimoutolu 'oku lisi atu homou hingoa 'i he ngaahi pa'anga 'oku te'eki ai ke 'eke'i, ke fakahu atu leva ho'o 'eke ki hoó Kautaha Paánga Fakapangike óku ha atu, 'i loto 'i he mahina 'e tolu (3) mei he 'uluaki 'aho 'o e fanogonongo ni. Fakatatau ki he Lao ki he Ngaue Fakapangike 2020 vahe 94, "ko e pa'anga 'ikai 'eke'i 'i he hili mei heni ha mahina 'e tolu (3) pea kuo laka hake he taú é 5 'ene í he Pangike Pule Fakafonua ó Tonga, 'e lau ia koe pa'anga mo e ngaahi koloa li'aki pea kuo pau ke fakatu'asila fakahangatonu ha 'eke 'o e ngaahi pa'anga pe koloa kuo li'aki ki he Minista Pa'anga pea fakatatau pe ki he'ene fakangofua.
Authorized Moneylenders in Tonga
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As required by section 3(1) of the Moneylenders Act 2018, the authority to conduct moneylending business in Tonga is restricted only to Authorized Persons licensed by the National Reserve Bank of Tonga. Members of the public are hereby advised that the following entities are Authorized Persons licensed to deal in moneylending business under the Moneylenders Act 2018 as of 29th July 2021.
