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Bank Of South Pacific
Bank South Pacific (or BSP) is the largest bank in Papua New Guinea, with 35 branches throughout the country and in 6 countries. BSP currently services over 650,000 business banking customers throughout the Pacific. As at 31 December 2014, BSP had total assets valued at K15.8 billion. Bank South Pacific is listed on the Port Moresby Stock Exchange and, as of 25 May 2021, the Australian Stock Exchange. History BSP traces its history to 1 May 1957 when the National Bank of Australasia established a branch in Port Moresby. As independence approached for Papua New Guinea (PNG), the incoming government made known its desire that all banks in PNG be locally incorporated, rather than branches of a foreign parent. Bank of Papua New Guinea, the country's central bank, was established in 1973. The National Australia Bank (NAB) incorporated its operations in PNG in 1974. Then the government encouraged the bank to sell equity to local citizens. BSP conducted public offerings in 1980 and 198 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin Latin (, or , ) is a classical language belonging to the Italic branch of the Indo-European languages. Latin was originally a dial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Moresby Stock Exchange
Port Moresby Stock Exchange is the principal stock exchange of Papua New Guinea. It is located in Port Moresby and it was founded in 1999. Its name is abbreviated to "POMSoX" At the time of its founding POMSox was funded by the Bank of Papua New Guinea, which is the central bank of Papua New Guinea. According to POMSoX's website, "POMSoX is closely aligned to the Australian Stock Exchange (ASX). The ASX has licensed to POMSoX its Business and Listing Rules. POMSoX procedures are a mirror image of the ASX." In July 2019, Port Moresby Stock Exchange was renamed to PNGX Markets Limited. See also * Economy of Papua New Guinea * List of East Asian stock exchanges * List of South Asian stock exchanges * List of stock exchanges * List of stock exchanges in the Commonwealth of Nations This is a list of active stock exchanges in the Commonwealth of Nations (Full Members). The Commonwealth of Nations features member-states located on all major continents and represents almost one- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kiwibank
Kiwibank Limited is a New Zealand state-owned bank and financial services provider with approximately 4% of market share in terms of assets. Kiwibank is owned by the New Zealand Government and provides some of its banking services through its branches. Kiwibank branches were previously located within ''PostShops'' (post offices). The company's Board of Directors was chaired by former New Zealand Prime Minister Jim Bolger from 2001–2010. The current Chair of the Board of Directors is Jon Hartley. History Earlier state-owned banks Kiwibank is similar in many respects to an earlier post office-based bank owned by the New Zealand Government. The New Zealand Post Office Bank was established in 1867. In 1987, the bank was corporatised and separated from New Zealand Post and Telecom New Zealand to form a stand-alone company – PostBank. Then in 1989 PostBank was sold by the government to ANZ. Establishment period (2002–2010) The bank originated from Alliance Party policy du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Niue
Niue (, ; niu, Niuē) is an island country in the South Pacific Ocean, northeast of New Zealand. Niue's land area is about and its population, predominantly Polynesian, was about 1,600 in 2016. Niue is located in a triangle between Tonga, Samoa, and the Cook Islands. It is 604 kilometres northeast of Tonga. The island is commonly referred to as "The Rock", which comes from the traditional name "Rock of Polynesia". Niue is one of the world's largest coral islands. The terrain of the island has two noticeable levels. The higher level is made up of a limestone cliff running along the coast, with a plateau in the centre of the island reaching approximately 60 metres (200 feet) above sea level. The lower level is a coastal terrace approximately 0.5 km (0.3 miles) wide and about 25–27 metres (80–90 feet) high, which slopes down and meets the sea in small cliffs. A coral reef surrounds the island, with the only major break in the reef being in the central western c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westpac
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed to Westpac Banking Corporation. Westpac is one of Australia's Big Four (banks)#Australia, Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2021, Westpac has 14 million customers worldwide, and employs around 40,000 people. History Established in Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ... in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Pacific Ocean
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Guinea
New Guinea (; Hiri Motu Hiri Motu, also known as Police Motu, Pidgin Motu, or just Hiri, is a language of Papua New Guinea, which is spoken in surrounding areas of Port Moresby (Capital of Papua New Guinea). It is a simplified version of Motu, from the Austronesian l ...: ''Niu Gini''; id, Papua, or , historically ) is the List of islands by area, world's second-largest island with an area of . Located in Oceania in the southwestern Pacific Ocean, the island is separated from Mainland Australia, Australia by the wide Torres Strait, though both landmasses lie on the same continental shelf. Numerous smaller islands are located to the west and east. The eastern half of the island is the major land mass of the independent state of Papua New Guinea. The western half, known as Western New Guinea, forms a part of Indonesia and is organized as the provinces of Papua (province), Papua, Central Papua, Highland Papua, South Papua, Southwest Papua, and West Papua (province), West ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Army
The Australian Army is the principal Army, land warfare force of Australia, a part of the Australian Defence Force (ADF) along with the Royal Australian Navy and the Royal Australian Air Force. The Army is commanded by the Chief of Army (Australia), Chief of Army (CA), who is subordinate to the Chief of the Defence Force (Australia), Chief of the Defence Force (CDF) who commands the ADF. The CA is also directly responsible to the Minister of Defence (Australia), Minister for Defence, with the Department of Defence (Australia), Department of Defence administering the ADF and the Army. Formed in 1901, as the Commonwealth Military Forces, through the amalgamation of the colonial forces of Australia following the Federation of Australia. Although Australian soldiers have been involved in a number of minor and major conflicts throughout Australia's history, only during the Second World War has Australian territory come under direct attack. The Australian Army was initially composed a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rabaul
Rabaul () is a township in the East New Britain province of Papua New Guinea, on the island of New Britain. It lies about 600 kilometres to the east of the island of New Guinea. Rabaul was the provincial capital and most important settlement in the province until it was destroyed in 1994 by falling ash from a volcanic eruption in its harbour. During the eruption, ash was sent thousands of metres into the air, and the subsequent rain of ash caused 80% of the buildings in Rabaul to collapse. After the eruption the capital was moved to Kokopo, about away. Rabaul is continually threatened by volcanic activity, because it is on the edge of the Rabaul caldera, a flooded caldera of a large pyroclastic shield. Rabaul was planned and built around the harbour area known as Simpsonhafen (Simpson Harbour) during the German New Guinea administration, which controlled the region between 1884 and formally through 1919. Rabaul was selected as the capital of the German New Guinea administratio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commonwealth Bank
The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Its former constituent parts were the Commonwealth Trading Bank of Australia, the Commonwealth Savings Bank of Australia, and the Commonwealth Development Bank. Founded in 1911 by the Australian Government and fully privatised in 1996, the Commonwealth Bank is one of the " big four" Australian banks, with the National Australia Bank (NAB), ANZ and Wes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Papua New Guinea
The Bank of Papua New Guinea is the central bank of Papua New Guinea, which has a core mandate to ensure price stability and maintain macroeconomic growth. To achieve this, it discharges four main functions; 1. responsible for the formulation and implementation of monetary policy, 2. ensure financial system development and stability, 3. ensure the payment system remain efficient, and 4. provide a banking role to the Government. It also manages the country's foreign reserves, issue the country's currency, manages the gold and foreign exchange of Papua New Guinea. Mr Loi Martin Bakani is the current governor of the bank. Background Banking came to Papua in 1910 with the establishment of a branch of the Bank of New South Wales in Port Moresby. In 1916, the Australian government-owned Commonwealth Bank, established a branch in Rabaul and agencies in other towns, largely to support the banking needs of the Australian Army and its troops who had taken control of the former German colony ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
