Bank of PNG Governor, Loi Bakani, said the project aims to simplify the ID process making financial services available to people in rural communities.
Speaking at the NASFUND Savings & Loans Rebranding Launch, Governor Bakani said the Know Your Customer Project will assist people in rural communities.
“Identification is a big issue for our simple rural people in the village so that’s our next project. And we are working very hard to have a simplified and standardized way or system of identification,” said Bakani.