The Bank continues to face challenges and at times is compelled to undertake tasks outside of its core functions and these have been most satisfying. For instance, we were equity partners in starting up 2 commercial banks in the 1980s.
In the 1990s, we were involved in the establishment of the Port Moresby Stock Exchange and the Governor was a Director from its inception till June 2008. Our role was to nurture the financial institutions from their establishment and once they were operational the Bank would exit.