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Working in Papua New Guinea : Guide

30/1/2013

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Picture
Working in Papua New Guinea is a challenge as well as adventure. It is a new chapter of your life as you come to work in Papua New Guinea. 

Papua New Guinea or PNG is a Pacific Island country north of Australia. It has a population of 7 million people. For more details  go to PNG Background information. 

Guides for Working in Papua New Guinea
As a general rule, all none citizens who seek employment in the private sector in Papua New Guinea must possess a valid work permit before they can commence employment. The work permit must be granted bu the Secretary, Department of Labour and Industrial Relations in accordance with the Employment of Non Citizens Act 2007. A non citizen who works in Papua New Guinea without a valid work permit commits an offence.


Remember If you are unsure whether you need a

work permit

, please approach the Foreign Employment Division for assistance o


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Services provided by the National Development Bank of Papua New Guinea

25/1/2013

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The National Development Bank (NDB) currently offers a range of Products and Services that can be tailor suited to you or your business(s) specific needs. NDB strives to offer Products at competitive rates with emphasis on providing affordable and sustainable finance to ordinary Papua New Guineans and the rural and urban entrepreneurs. NDB will continue to offer new products later including the Savings Products.

AGRICULTURE LENDING

  • Small Rural Loans (<K10,000) and micro-finance
  • Microfinance Loans (refer details under micro-finance section of the website).
  • Large Rural Loans (>K10,000)
COMMERCIAL LENDING
Commercial Loans A Commercial Loan is any loan that includes the following:

  • Equipment Finance
  • Purchase of Commercial Property
  • Purchase of Residential property
  • Purchase of Fishing vessel
  • Working capital Facilities ( e.g. Purchase of stock)



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Papua New Guinea Woman in Business Contact Details

25/1/2013

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please contact one of the following NDB Women In Business loans officers so that they can assist you with your NDB Women In Business loan application.

Janet Kaule:
Relationship Manager
Women in Business
P o box 686, Boroko, NCD
Papua New Guinea
Email: [email protected]
Phone: 324 7584
Angeline Rex
Relationship Officer
Women in Business
P o box 686, Boroko, NCD
Papua New Guinea
Email: [email protected]
Phone: 324 7522
Boroko Branch
Jennifer Tibu: Senior Loans Officer
Women in Business
P o box 6180, Boroko, NCD
Papua New Guinea
Email: [email protected]
Phone: 325 8915
Joab BaleManagement GraduateTrainee
Women in Business
P o box 686, Boroko, NCD
Papua New Guinea
Email: [email protected]
Phone: 324 7562
Kavieng Branch
Sonia Mana: Branch Manager
P o box 136, Kavieng,
New Ireland Province
Email: [email protected]
Phone: 9842060


Madang Branch
Maryanne Uraiwa: Branch Manager
P o box 632, Madang,
Madang Province
Email: [email protected]
Phone: 4222142
Goroka/Kundiwa Branch
Loellah Naemon: Senior Loans Officer
P o box 445, Goroka,
Eastern Highlands Province
Email: [email protected]
Phone: 5322761
Kimbe/ Bialla Branch
Sharon Kingal: Graduate Management Trainee
P o box 183, Kimbe
West New Britain Province
Email: [email protected]
Phone: 9835019
Kokopo Branch
Lisa Swale: Loans Officer
P o box 521, Kokopo
East Ne w Britain Province
Email: [email protected]
Phone: 9828544
Lae Branch
Nathalie Kaman: Loans Officer
P o box 341, Lae
Morobe Province
Email: [email protected]
Phone: 4721711
Alotau Branch
Leonnie Janginen: Graduate Management Trainee
P o box 874,
Miline Bay Province
Email: [email protected]
Phone: 6410182

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Papua New Guiena  National Development Bank Contacts

25/1/2013

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Contact Details

HeadofficePh:3247500Fax: 325 9817P.O. Box 686, Waigani, NCD
[email protected]

AlotauPh:641 0182Fax: 641 1016P.O. Box 874, Alotau, MBP
[email protected]

BiallaPh: 983 1180Fax:983 1008P.O. Box 6, Bialla, WNB
[email protected]

BorokoPh:325 6900 / 3250991Fax:325 6652P.O. BOX 6180, Boroko, NCD
[email protected]


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Application forms for National Development Bank of Papua New Guinea

25/1/2013

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There are several Lending requirements of the National Development Bank of Papua New GUinea (NDB). When applying for loans, the following forms must by filled and send them to the bank. 

Please note the Micro Finance loan application forms are not listed below.

NDB Lending Requirements

 NDB Lending Requirements

Customer Loan Application Forms

Customer Application Form

Business Loan Application Forms

Please note that you will need to download both part A & B.

Business Application Form_Part A

Business Application Form_Part B

If you require assistance with any of the forms listed above or have questions relating to the NDB Lending Requirements please feel free to contact your nearest National Development Bank branch. Contact details for a NDB Branch close to you can be found on the Contact Details page here.

 For general information about National Development Bank, click here. 
Note that the NDB Women In Business and NDB Micro Finance loan requirements are different from the one above.

Comments

The National Development Bank of Papua New Guinea

25/1/2013

Comments

 
Previously known as the Rural Development Bank, the National Development Bank is the development finance institution of Papua New Guinea. It is wholly owned by the Independent Public Business Corporation as Trustee for the State and people of Papua New Guinea.Founded in 1967 its primary function is to provide accessible development credit to citizens to engage in income generation to improve the quality of lives of our people especially the people in the rural areas where 80 percent of our people live.

The enabling legislation of the National Development Bank is the National Development Bank Act 2007, which was enacted by Parliament on 25 April 2007.

The enabling legislation provides the functions of the Bank and the appointment of the Board and Management of the National Development Bank and provides guidance for its operations.


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    Doing Business in Papua New Guinea

    On this page we provide all the details about doing business in Papua New Guinea. Feel free to contact us for further information.

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