BSP's payment will be deposited in the "2018 EARTHQUAKE DISASTER RESTORATION TRUST ACCOUNT" managed by the Department of Finance to assist in immediate relief supplies, like food, clean water and sanitation, medical aid to affected communities, as well as contributing to longer term relief operations in rebuilding the lives of fellow Papua New Guineans affected.
BSP CEO Robin Fleming said, "We extend our prayers to those affected, their families and communities. BSP values our relationship with our people. We are a PNG Bank and we are saddened to hear about the loss of lives, property, family and the every livelihood of our people affected by this disaster."
The recent earthquakes have affected the Bank's operations at Tari, Komo, Mendi and Moro. The branches at these locations have been closed at times following the earthquake, with banking services made available to when possible giving regard to power supply and communications.
BSP Branches at Porgera, Wabag and Mt Hagen also experienced minor damage as a result of the earthquakes but remained open.
BSP Sub Branches at Tambul, Pangia, Wapenamanda and Ialibu also remain open. "Our staff are safe but as with other people in these communities, they have suffered damage to housing and personal items," said Mr Fleming.
We hope that this donation will go a long way to support the restoration efforts in providing our people with immediate needs, together with partner corporate organisations like Oil Search Ltd, Trukai Industries and other organisations.
The BSP Group recognises the importance of its value of community and often makes donations to help relief efforts in the countries where BSP operates in. BSP has been supportive of relief efforts in the region, most recently Cyclone Gita which passed over Samoa and Tonga, including Solomon Islands, Fiji and Vanuatu.