Trading
List Of Investment Banks In Tonga
Published by Gbaf News
Posted on October 31, 2012
1 min read· Last updated: June 11, 2018
Key Takeaways
- Tonga has no dedicated investment banks; banking is dominated by four licensed commercial banks.
- The National Reserve Bank of Tonga regulates and licenses all banking—including any investment-like activities.
- Tonga Development Bank serves developmental and investment-type roles, especially for SMEs and rural sectors.
- Two major banks are international branches (ANZ and BSP), and two are domestically owned (MBf and Tonga Development Bank).
References
Frequently Asked Questions
Are there any investment banks in Tonga?
No dedicated investment banks operate in Tonga; investment-like services must be offered by licensed banks regulated by NRBT.
Which banks operate in Tonga?
Tonga has four licensed banks: ANZ, BSP (Bank of South Pacific), MBf and the Tonga Development Bank.
What is the role of the National Reserve Bank of Tonga?
NRBT is the central bank responsible for licensing, supervision and regulation of all financial institutions, including any investment-related activities.
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