📋 Tender Overview
Project Number
608766
Primary Business Area
Other
Disclosure Date
Aug 20, 2025
Country
Papua New Guinea
Region
East Asia and the Pacific
IFC Approval Date
Apr 25, 2024
Status
Active
Estimated Total Budget
$803,841.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Apr 26, 2024
Project Estimated End Date
Jun 30, 2026
Client Legal Name
BANK OF PAPUA NEW GUINEA
Project Description
The Project will assist BPNG to align their licensing policies and procedures with international minimum standards and introduce Savings and Loans Societies (SLS) prudential standards. Doing so should help deliver a sound platform and framework for assessing applications for banking licenses and ensuring any banking entrants are in the best position to transform and meet the additional responsibilities of becoming a bank. This in turn could be expected to support confidence in the outcome of licensing decisions; improve the transparency and efficiency of the process and potentially attract more strong applicants.
