National Development Bank of Papua New Guinea

The National Development Bank of Papua New Guinea (NDB) is the country’s leading state-owned development finance institution, officially launched in 2007 as a successor to the former Rural Development Bank. Its mission is to promote inclusive economic growth by providing affordable and sustainable financing to Papua New Guineans—especially those in rural and underserved communities.

NDB offers a range of financial products including agricultural loans, SME financing, and commercial credit, with flexible terms designed to support both urban entrepreneurs and subsistence farmers. What sets NDB apart is its emphasis on “supervised credit”—a model where borrowers receive not just funding, but also technical guidance and business advisory support through a network of agents and extension officers. This approach helps bridge the gap for individuals who may lack formal financial experience or collateral.

With regional offices across the country—from Lae and Rabaul to Mt. Hagen—NDB ensures its services reach deep into the Highlands, Islands, and coastal regions. It continues to play a vital role in job creation, local enterprise development, and the advancement of indigenous communities, aligning with Papua New Guinea’s broader goals of economic empowerment and self-reliance.