The National Reserve Bank of Tonga wishes to assure the public that despite the revocation of the banking licence of Pacific International Commercial Bank (PICB) effective from 26 July 2016, the banking system remains sound. While PICB represented a very small proportion of the total banking system, the banks in Tonga continue to be profitable and maintain strong liquidity and capital position.
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Results for Tonga Bank
Thursday 28 July 2016
Tuesday 14 July 2015
Bank South Pacific (BSP) a Papua New Guinean bank has taken over the operations of the Westpac Bank of Tonga.
Thursday 13 February 2014
The Tongan Government is offering for sale 40% of its shares in the Tonga Development Bank.