The National Development Bank is the development finance institution of Papua New Guinea. It is wholly owned by Kumul Consolidated Holdings (KCH) for the
people of Papua New Guinea.
The National Development Bank is the successor company to the former Rural Development Bank Limited. 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.
In a landmark decision, the National Development Bank (NDB) has appointed Mrs. Keryn Hargreaves as its new Chairlady, making her
the first woman to hold this position since the bank's inception in 1967.
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