Results for National Reserve Bank of Tonga

The Board of Directors of the National Reserve Bank of Tonga has approved the August 2025 Monetary Policy Statement (MPS). Over the past six months, downside risks have intensified, driven by international trade policy uncertainty, geopolitical tensions, and weakening global growth. NRBT is therefore adopting a neutral monetary policy stance over the next six months as part of efforts to modernise its monetary policy framework.

‘Oku lolotonga fakahoko ‘a e fakatonutonu ‘i he vā ‘o e Komisiona ki hono Fakafepaki’i ‘o e Ta’efaitotonuˊ (ACC) mo e Pangikē Pule Fakafonua ‘a Tongaˊ. ‘I he ‘aho 20 ‘o Mē 2025, na’e fakahū atu ‘e he Pangikē Puleˊ ki he Fakamaau’anga Lahiˊ ‘a e kole ke fakata’e’aonga’i ‘a e ‘eke fokotu’u ‘a e ACC ki he Fakamaau’angaˊ pē ko e konga ‘o e ‘eke ko eni makatu’unga eni ‘i he tu’unga fakalao ki hono ngaue’aki e mafai ‘o e ACC ‘i he malumalu ‘o e Lao ki he Komisiona ki he Fakafepaki’i ‘o e Ta’efaitotonuˊ.

The National Reserve Bank of Tonga launched Tonga’s FinTech Regulatory Sandbox Framework, with the support of the Alliance for Financial Inclusion (AFI) at the Pacific Central Bankers’ Meeting in Nuku’alofa, Tuesday 3 June 2025 at Faonelua Convention Centre.

Na’e tuku atu ‘e he Pangikē Pule Fakafonua ‘a Tonga ́ ‘a e Fakamatala Fokotu‘utu‘u Ngāue Fakapa’anga (MPS) ki Fepueli 2025, hili hono tali ‘e he Poate ‘a e kau Talēkita ́. ‘Oku fokotu’u he MPS Fepueli 2025, makatu’unga ‘i he kei tokamālie pē ‘a e tu’unga fakalotofonua ́ mo fakatu’apule’anga ́ ‘i he kaha’u vave mai ́, ‘e kei hoko atu pē ‘a e kei faka’ai’ai pē ‘a e tupu faka’ekonōmika ́, mo fakamālohia e ngaahi founga ‘oku fakahoko ‘aki ‘e he Pangike Pule ́ ‘a e ngāue fakapa’anga ́ ke ola lelei, mo fakafaingofua’i e nō pa’anga ́.

Leave to set aside a $20 million damages “judgement in default” was granted by the Lord Chief Justice for the National Reserve Bank of Tonga, its Governor and the news media whistle blowers. The current dispute is part of the ongoing litigation between the Tonga Development Bank and the National Reserve Bank of Tonga.

The principal statutory role of the Reserve Bank is to ensure and maintain at all times the financial stability of the  overall banking sector in Tonga. This calls for strong capitalisation and ample liquidity in all of the four banks under its licensing regime. Overall, there has been sufficient and ample liquidity in the banking sector in the past decade, to date. “The Reserve Bank reaffirms to the public its commitment to upholding its statutory mandate of maintaining the stability of the financial and banking system of the Kingdom,” stated Governor Moeaki.

The Tonga Development Bank will retain its CEO and Board Chairman, for the time being, pending the resolution of a dispute at trial, in an ongoing civil action against the National Reserve Bank of Tonga. Lord Chief Justice Malcolm Bishop, in a ruling on 19 September, also ordered that Tonga Development Bank (TDB) must still refrain from engaging in any economic development activities, without the prior approval of the National Reserve Bank of Tonga.

The National Reserve Bank of Tonga (NRBT) marks its 35th anniversary on Monday 16 September 2024 with an audited net profit of $35 million as its twin milestones.  The $35.8 million profit in 2024 is 75 percent higher than last year’s 2023 record profit of $20 million. Following the NRBT Board approval of the KPMG Fiji external audited NRBT Annual Financial Statements for the financial year ended 30 June 2024, Lord Sevele ‘o Vailahi chairman of the Board at the NRBT 2024 Annual General Meeting today presented a cheque of $25.1 million to the Prime Minister, Hon. Hu’akavameiliku as its annual distribution of the Bank’s profits.

Unclaimed Monies as of June 2024, total $1,186,983.21. 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. •••••••••••• Fakatokanga'i ange ko kimoutolu 'oku lisi atu homou hingoa΄ 'i he ngaahi pa'anga 'oku te'eki ai ke 'eke'i΄, ke fakahū atu leva ho'o 'eke΄ ki hoó Kautaha Paánga Fakapangikē óku hā atu΄, 'i loto 'i he māhina 'e tolu (3) mei΄ he 'uluaki 'aho 'o e fanogonongo΄ ni. Fakatatau ki he kupu 94 ‘o e Lao ki he Ngāue Fakapangikē΄ 2020, 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 Pangikē Pule Fakafonua ó Tonga΄, 'e lau ia ko e 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 Ministā Pa'anga΄ pea fakatatau pē ki he'ene fakangofua΄.