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Papua New Guinea Government Moves Accounts, BSP Warns of Profit Hit
3:52pm on Tuesday 9th of September, 2025 AEST
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Financial Services
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Papua New Guinea Government Moves Accounts, BSP Warns of Profit Hit
3:52pm on Tuesday 9th of September, 2025 AEST
Key Points
PNG Government directs transfer of government accounts to National Banking Corporation
Potential material impact on BSP’s net profit after tax
BSP assessing timing, financial effects, and mitigation strategies
BSP maintains strong capital and liquidity positions
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