Company Overview

BSP has a long and proud history as the South Pacific's own bank, a name the region has come to know and trust. With a real knowledge of the Pacific, BSP is committed to growth. When the bank opened its doors for business in 1957, it was as a branch of the National Bank of Australasia Limited. In 1974 the company was incorporated as Bank of South Pacific Limited, a wholly owned subsidiary of the Australian parent. The Bank's major expansion came in 2002, when it saw the opportunity to acquire Papua New Guinea Banking Corporation (PNGBC). The bank changed its name to Bank of South Pacific Limited and has grown to become the largest banking network in Papua New Guinea. In 2003 the company's shares were listed on the Port Moresby Stock Exchange.