Purpose
National Development Bank exists to provide accessible and affordable banking and financial products and services across PNG, especially in rural areas, in a responsible and sustainable business manner.
The people’s bank for Papua New Guinea.
An agile development bank helping indigenous businesses and communities grow since 1967.
Who we are
National Development Bank
NDB is an agile institution that continues to improve on its present and moves with innovation and dynamism toward an even stronger future.
The National Development Bank’s reputation as the people’s bank remains as formidable as ever. Through consistent Government support, it continues to build its capacity to provide affordable and accessible lending services to a growing number of indigenous businesses.
NDB maintains its strategic focus on its principal markets, notably the agriculture sector, indigenous companies, and micro, small and medium-sized enterprises. Its expanding institutional strengths, customer-driven delivery and value-added products and services hold the key to its successful relationships with customers. Through strategic partnerships with the National and Provincial Governments, NDB is positioning itself for future growth and expansion.
By looking ahead to help indigenous businesses get ahead, continuously improving how it serves its principal markets, and adding value to its products and services, NDB moves from strength to greater strength.
1967
Supporting development and local enterprise in Papua New Guinea
Corporate statement
What guides us.
Vision
NDB aims to be the preferred banking and financial services provider for indigenous PNG micro, small and medium-sized businesses, stimulating income generation and delivering value to our shareholders.
Mission
NDB strives to provide banking and financial products and services that:
- stimulate the starting and growth of PNG-owned businesses;
- enable PNG-owned businesses to be competitive and sustainable in the medium term;
- provide affordable access for indigenous people into business income-generating activities and a savings culture.
Strategy
To reach urban and rural centres and provide affordable banking and financial services that help indigenous people generate business income.
Our corporate logo
A symbol every Papua New Guinean can be proud of.
The logo is a national symbol of the Bank’s meaningful existence.
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The golden hutRepresents the Corporate Values that every officer and employee of the Bank faithfully upholds in their duties. It also stands for the ownership stake of every Papua New Guinean family, and a trustworthy shield against economic hardship.
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The white circleRepresents a new beginning and a bright future.
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The green squareRepresents the efficient use of abundant resources for the benefit of NDB clients, most of whom are rural farmers.
Getting started
Thinking about a business loan?
Watch this short video to learn how NDB can help you get started, then talk to our team or visit your nearest branch.
Let’s get started
Have a business idea or a question?
Talk to our team or visit an NDB branch near you.