The Centre for Excellence in Financial Inclusion
Papua New Guinea

Financial Inclusion : Data

The lack of quality data to regularly map access, quality and usage of financial services and literacy has been a significant barrier for Papua New Guinea. It has meant that the successes and challenges of policy and investment interventions in financial inclusion were unknown.

A key objective of the National Financial Inclusion & Financial Literacy Strategy 2014-2015 was to improve data collection and analysis. CEFI has begun a formal data collection process to better manage, use and share valuable, relevant financial inclusion statistics. We do this with assistance from the Bank of Papua New Guinea, Pacific Financial Inclusion Program and the Data Measurement & Monitoring Working Group.

Our aim is to drive PNG financial institutions and other stakeholders to consistently report quarterly financial inclusion information for analysis. This analysis can then inform business and policy decision-making.

FINANCIAL SERVICES ACCESS & USAGE - JUN 2018

  Indicators Jun 2018

1

New Account Tally

800,627 

2

Number of Access Points/Cash-in & Cash-out Points

16,380

3

Number of Branches

216  

4

Number of ATMs

470

5

Number of EFTPOS

15,310

6

Number of Agents

384

7

Number of Mobile Financial Service Access Points

16,054

8

Number of Mobile FS Accounts

543,784

9

Number of Women with Mobile FS Accounts (PGK)

159,906

10

Number of Deposit Accounts

3,099,878

11

Number of Women with Deposit Accounts

879,141

12

Number of Credit Accounts

215,546

13

Number of Women with Credit Accounts

65,948