Media Releases for 2019
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 1st of March 2021, approved to maintain its current monetary policy measures outlined below. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 8th of December 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga conducted technical training and consultation with all commercial banks on Tonga’s new National Payment System this Wednesday 2nd December 2020 at the Reserve Bank’s Level 4 Conference Centre.
- Category: Press Release
The National Reserve Bank of Tonga would like to REMIND any person or businesses who are conducting moneylending business without a license to contact the National Reserve Bank of Tonga immediately for licensing procedures and be licensed with the National Reserve Bank of Tonga by Friday 29th January 2021.
- Category: Press Release
’Oku ‘oatu ‘a e fanongonongo΄ ni ko ha FAKAMANATU mei΄ he Pangikē Pule Fakafonua ‘o Tonga΄ ki he tokotaha pe kautaha kotoa pē ‘oku nau fakahoko ‘a e pisinisi ‘o e nō atu ‘o e pa’anga΄, ke mou fetu’utaki mai ki he Pangikē Pule′ he vave taha΄ ki hono fakaikiiki mo hono laiseni ‘a ho’o mou ngaahi kautaha nō′ ‘o ‘ikai toe tōmui ange ‘i he ‘aho Falaite 29 Sanuali 2021.
- Category: Press Release
The Reserve Bank is hereby issuing a directive that the following activities are excluded from conducting moneylending business under the Moneylenders Act 2018:
- Category: Press Release
‘Oku tuku atu heni ‘a e tu’utu’uni ‘a e Pangikē Pule΄ fekau’aki mo kinautolu ‘oku ‘ikai lau ‘enau pisinisi΄ ’oku nau fakahoko ‘a e ngaahi pisinisi nō atu ‘o e pa’anga΄ ‘i he malumalu ‘o e Lao ki he Kakai Nō atu ‘o e Pa’anga΄ 2018:
- Category: Press Release
It has come to the attention of The National Reserve Bank of Tonga (Reserve Bank) that the public is engaged in investing with schemes that could fall under the definition of a pyramid scheme. The Reserve Bank warns the general public against participating in any pyramid scheme. If you wish to still participate in such a scheme, it will be at your own risk.
- Category: Press Release
Kuo fakaa’u mai ki he Pangikē Pule Fakafonua ‘a Tongá ha ngaahi fakamatala ‘o fekau’aki pea mo e ‘alu ke tokolahi ange ‘a e kakai ‘o e fonuá ‘oku fakahū ke ma’u ha tupu ‘a ‘enau pa’angá ‘i ha ngaahi kautaha pe kulupu ‘oku hā mai ‘oku ne ma’u ‘a e natula mo e ‘uhinga ‘o ha ngaahi palani pilamita.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 6th of November 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
All moneylenders or persons conducting a moneylending business are required to be licensed by the Reserve Bank under the Moneylender Act 2018. All persons conducting moneylending business or wish to conduct a moneylending business are kindly requested to contact the National Reserve Bank of Tonga as soon as possible.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 30th of September 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 31st of August 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 5th of August 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The Public is hereby notified that the National Reserve Bank of Tonga will release into circulation its 2018 series of $50 banknote bearing the signatures of the late Prime Minister 'Akilisi Pohiva, the former Minister of Finance, Pohiva Tu'i'onetoa and Governor of the Reserve Bank, Sione Ngongo Kioa.
- Category: Press Release
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.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 26th June 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 29th May 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 1st May 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors and to support the economy from the impacts of COVID-19.
- Category: Press Release
The Reserve Bank continues to work together with Government, the Association of Banks and non-bank financial institutions to enhance preparedness to minimize the financial risks from Covid-19. At its Board of Directors meeting on the 26 March 2020, the Reserve Bank agreed to provide financial assistance to Government in its effort to provide financial relief to the sectors affected by the Covid-19 outbreak.
- Category: Press Release
‘Oku hokohoko atu pē ‘a e tokoni ‘a e Pangikē Pule´ ki he Pule’anga´ mo e ngaahi kautaha fakapa’anga´ ke fakapapau’i ‘oku nau mateuteu ke nau malava ‘o matatali ha ngaahi uesia ‘e malava ke hoko mei he mafola ko ia ‘a e COVID-19. ‘I he fakataha ‘a e Poate ‘a e Kau Talēkita ‘a e Pangikē Pule´ ‘i he ‘aho 26 ‘o Ma’asi 2020, na’a nau tali ai ke fakahoko ha tokoni fakapa’anga ki he Pule’anga´ ke poupou ki he’enau ngāue ki hono tokoni’i fakapa’anga ‘a e ngaahi sekitoa ‘oku uesia mei he mafola ‘a e COVID-19.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 18th March 2020, approved to maintain its current monetary policy measures. This is to encourage utilization of the excess liquidity in the banking system, through further lending to growth sectors in order to support domestic economic activities and growth.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 25th February 2020, 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.
- Category: Press Release
The Governor reported that Tonga’s economic fundamentals are strong, however, the coronavirus (COVID-19) is expected to adversely impact the external account balances, the foreign reserves, the fiscal account and consequently economic growth. The Reserve Bank will continue to monitor and assess the coronavirus impact on the financial system and the economy, and will adjust these monetary policy measures, if required, to maintain financial and monetary stability.
- Category: Press Release
Na’e lipooti ‘e he Kōvana ‘o pehē ko e ngaahi tefito’i me’a ngāue faka’ekonomika ‘oku ‘i he tu’unga mālohi, ka neongo ia’ ‘oku fakafuofua ‘e ‘i ai ‘a e uesia lahi ‘e he COVID-19 ‘a e ngaahi ‘akauni palanisi fakatu’apule’anga, pa’anga mohe, ngaahi ‘akauni ‘a e pule’anga, pea pehē foki ki he ngaahi tupu faka’ekonōmika.
- Category: Press Release
The National Reserve Bank of Tonga’s Board of Directors at its board meeting on the 21st January 2020, 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.
