National Reserve Bank of Tonga


The National Reserve Bank of Tonga is the central bank of Tonga. The Reserve Bank is responsible for regulating the issue and supply of domestic and international currency, as well as promoting monetary stability and economic development. It also advises the Ministry of Finance on banking and monetary matters, acts as the principal banker and fiscal agent of the Government of Tonga, and is responsible for the licensing and supervision of financial institutions. The current Governor is Tatafu Moeaki who succeeded Ngongo Kioa.
NRBT is active in promoting financial inclusion and is a member of the .
NRBT Building hosts the Embassy of Japan.
NRBT Is the current tallest building in Tonga, standing at 18m.
WWW reservebank.to

History

National Reserve Bank of Tonga was established on 1 July 1989. It was preceded as monetary authority and holder of foreign reserves by Bank of Tonga, which was established in 1974.

Governors

Governor of the bank is appointed for renewable five-year terms.
  1. Alan E. Gee, July 1989 - July 1991
  2. Siosiua 'Utoikamanu, July 1991 – May 2003
  3. Siosi Cocker Mafi, May 2003 – July 2013
  4. Sione Ngongo Kioa, August 2013 — October 2022
  5. Tatafu Moeaki, December 2022 — present