Papua New Guinea Interest Rates

The Papua New Guinea economy with a population of 6.7 Million (Est 2010) ranks 131st in the world with a GDP PPP of 13 billion and GDP PPP per capita of 2,167 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Papua New Guinea Kina (PGK). Bank deposits held for a fixed term in Papua New Guinea are called term deposits. According to CIA.gov its inflation was 10.7% in 2008 and 6.9% in 2009.

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Papua New Guinea Bank Interest Rates

Showing rates for 5 Bank deposit providers in Papua New Guinea.
Bank Branch Founded Ownership
Westpac Papua New Guinea Westpac Papua New Guinea 16 1910 Foreign
ANZ Papua New Guinea ANZ Papua New Guinea 12 1910 Foreign
Nationwide Microbank Nationwide Microbank 12 2004 Local
Bank South Pacific Bank South Pacific 10 1957 Local
Maybank Papua New Guinea Maybank Papua New Guinea 2 1994 Foreign

Papua New Guinea Discussion Activity

  • Bank South Pacific - Deposits - Bank South Pacific 1 Year Term Deposit
    Q: How much will k5,000 12months term deposit earn?

    Judith from Papua New Guinea
  • Bank South Pacific
    Q: Is it possible to get a home loan to build a house at any customary land? If yes, provide me the requirements so that I can apply for a home loan.

    Francis from Papua New Guinea
  • Westpac Papua New Guinea
    Q: i wish to open the the account to have an international visa card. how will i get the forms?

    THOMAS BOSHIP from Papua New Guinea
  • Nationwide Microbank
    Q: Are you regarded as a Nation Wide Bank in Papua New Guinea? What are the product and services you provide? How do you link with investors abroad and the recipients in terms of donation and funding?

    Daisy Lepon from Port Moresby, Papua New Guinea
  • Westpac Papua New Guinea
    Q: Can i get cash with my Australia wespac master debit card without useing my card at any wespact atm here in Port Moresby?

    Lovelyn from Papua New Guinea
  • ANZ Papua New Guinea
    Q: What's the maximum personal loan ANZ can give?

    Jackson from Australia
  • Bank South Pacific - Loans - BSP PNG Home Loan
    Q: I'm inquiring for any existing houses that is available for mortgage payments. Thank you.

    Arlette from Papua New Guinea
  • Westpac Papua New Guinea
    Q: I would like to consolidate my existing loans with other financial institutions by applying for a personal loan through your institution. Please advise?

    Rick from Australia
  • Bank South Pacific - Deposits - Bank South Pacific 1 Year Term Deposit
    Q: Can you please provide me with an example working out of how interest rates are calculated so that I can do it myself and know how it works. I still have confusions on how interest rates are calculated especially with term deposits and etc. I went for assistance to the tellers but they could not really help me.

    Elijah Tami from Surry Hills, Australia
  • Bank South Pacific - Loans - BSP PNG Home Loan
    Q: I would like to get another home loan to build at the back of my current property. could you please forward appropriate forms and requirements. And also direct me to one of your home loan officers please. Thank you

    Agnes from Papua New Guinea