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PNG’s Economy Expected to Rebound in 2022
Papua New Guinea's economy is expected to grow by 5.4% in real term in 2022 following a muted recovery of 1.5% in 2021, according to National Budget estimates.
BSP Daulo Sub Branch Closed Due to Robbery
BSP Financial Group Limited (BSP) Daulo sub branch in the Eastern Highlands, has been robbed on Saturday 22 January 2022. This makes it the third incident in its 12 years of operations.
BSP Saturday Banking for ‘Back-to-School’ needs
With less than 2 weeks to go before the 2022 academic year starts, BSP Financial Group Limited (BSP) will recommence its half-day Saturday Banking services starting this Saturday 22nd January, 2022, for school and tertiary intuition fee related deposits.
Female Papua New Guinean as Country Head for Offshore BSP Branch
BSP Financial Group Limited (BSP) continues to build its greatest asset, its People, through mentoring and building professionals to lead the biggest bank in the Pacific.
BSP staff show core value in the community through donation
A fitting yet timely donation, showcasing one of BSP Financial Group’s core Value - Community, was displayed this week by BSP Staff at the Port Moresby General Hospital(PMGH).
BSP assists WeCare Foundation kids
Smiles and laughter was the scene at the BSP Waigani Head Office as children from WeCare Foundation excitedly receive early Christmas gifts donated by staff and families of BSP Financial Group.
NCDC offers Mobile digital payments
The National Capital District Commission (NCDC) has registered with BSP Financial Group Limited (BSP) as a Mobile Banking Merchant to offer digital mobile payment for NCDC Services in Port Moresby.
BSP increases borrowing limit for Unsecured Personal Loan
BSP Financial Group Limited is pleased to announce the increase of the maximum borrowing limit for its unsecured Personal Loan product to K75,000.
BSP Wades in K10, 000 for Huhu Canoe Festival
“People and culture plays an integral part in strengthening community and business relationships,” says BSP Alotau Branch Manager Martin Gilo, when presenting a cheque worth K10, 000 to the Huhu War Canoe Festival Committee (HWCF) for the upcoming canoe festival.
Response to regulatory action by the FASU within the BSPNG
A Formal Warning was issued to the BSP Financial Group Limited (BSP) by the Financial Analysis and Supervision Unit (FASU) on 12th July, 2021. The Formal Warning was issued after an onsite review conducted on 23rd October, 2019.
Over K115m funded under the SME Credit Enhancement Scheme Loan by BSP
Well over 2000 Small to Medium Enterprises (SMEs) have applied for loans under the National Government supported loan facility, the SME Credit Enhancement Scheme Loan (SME CESL) through BSP Financial Group Limited (BSP) with over K115m funded as at 15th December 2021.
BSP supports Hope for Poor Kids care
BSP Financial Group Limited (BSP) as a community and people’s bank is pleased to give back to the community and assist children currently under the care of the Hope for Poor Kids Care Home at Hohola in Port Moresby.
Reaching new heights with Air Niugini
Air Niugini Limited in join partnership with BSP Financial Group Limited (BSP) are the first to launch a 100% PNG made online payment solution on Wednesday, 17th November 2021.
BSP leading financial inclusion in PNG
“As we observe the International Day of Banks on Saturday 4th December, 2021, BSP Financial Group Limited (BSP) as the biggest bank in Papua New Guinea remains committed to financial inclusion and nation building in the respective countries we operate in,” said BSP Group CEO Robin Fleming.
BSP Invests in Education and Services to Address FSV
PNG Business Coalition for Women applauds BSP Financial Group Limited (BSP) for its investment in addressing Family and Sexual Violence (FSV) issues in PNG.
Pari Elementary Participates in BSP School Kriket Blast
Less than a hundred Pari Elementary School students today showed up in taking part in the organized cricket blast to end the 2021 BSP School Kriket program at Amini Park in Port Moresby.
BSP Joins Global 16 Days Campaign to eliminate GBV against Women
BSP Financial Group Limited (BSP) has joined the Global 16 Days of Activism against Gender Based Violence (GBV) against women in the country starting 25th November, 2021, till 10th December, 2021.
PNG Trade and Directories Register with BSP Pay
PNG Trade and Directories Limited (PNGDL) customers can now pay for services instantly online without using their VISA Debit cards to make advertisement payments for both Print and Online Directories.
Banking part of transformation process in PNG
“Banking is part of the transformation process in PNG as banks play an important role in the creation of new capital, help the economic growth process and in turn transform the nation,” said BSP Group Chief Operating Officer, Frank van der Poll.
Timely assistance to Goilanai Primary School
Grade six (6) students of Goilanai Primary School in Alotau, Milne Bay Province, will no longer sit on the floor during class or be sent home on rainy days due to a leaking classroom roof, thanks to BSP Alotau Branch.
Over K90m funded under SME Credit Enhancement Loan
Over 660 owners of Small to Medium Enterprises (SMEs) have benefited from the National Government supported loan facility, the SME Credit Enhancement Scheme Loan (SME CESL) through BSP Financial Group Limited (BSP) with over K90m funded as at 9th November 2021.
BSP donates K100,000 to POM General Hospital for Covid-19 support
With urgent support required by Port Moresby General Hospital to combat the Delta Variant Covid-19 crisis in the city, BSP Financial Group Limited (BSP) is pleased to donate K100,000 to assist the country’s major hospital.
BSP ends Pinktober with donation to PNG Cancer Foundation
October is the month dedicated to raising awareness on women's health under the Pinktober global health campaign - and this month gives business houses, community groups and individuals the opportunity to champion the cause wherever they are.
BSP Digital team assists Doa Health Centre
Fetching and carrying buckets of water has been a daily routine for Health workers when attending to patients at the Doa Health Centre, along the Hiritano Highway. This is now a thing of the past, thanks to BSP Financial Group Limited for donating a dual-purpose water pump with the installation of Solar power to the Doa Health Centre on Wednesday 27th October, 2021.
PNG FX Liquidity Improves Over the past two Quarters BSP insight
The Foreign Exchange (FX) liquidity has picked up since the second quarter of the year and this has been attributed to strong commodity prices, combined with project specific and donor foreign currency inflows.
BSP continues to deliver sound financial results, with net profit after tax of K698m for the first 9 months of 2021
BSP Financial Group Limited released its unaudited results to September 2021 today, with a reported Net Profit After Tax of K698m, despite most countries BSP operates in continuing to experience lower economic activity. COVID-19 continues to have an impact on businesses in all countries and those that are tourism dependent have suffered more than others as a consequence of minimal, or no, international travel.
BSP: Economy remains challenged
The current Covid-19 Delta wave is among issues contributing to the revised GDP growth of 1 percent for 2021, well below the earlier forecast of 2.5 percent despite soft commodities benefiting from favourable price shifts.
BSP assists Bomana correctional service with much needed backup water system
The Bomana Correctional Service maximum security detainees, staff and family of staff will no longer have to look far for clean water, thanks to BSP Financial Group Limited(BSP)’s subsidiary - BSP Finance who came to their aid with a new backup water system and other related support to the value of K30, 000.
Financial inclusion continues to be a priority for BSP
“Financial inclusion has always been a priority of BSP Financial Group Limited (BSP), as it not only promotes economic growth but it also ensures that growth is widely spread,” said BSP Group CEO Robin Fleming.
BSP Donates Essential Emergency Equipment to Gerehu General Hospital
Essential medical emergency equipment worth K119, 000 was donated to Gerehu General Hospital by BSP Financial Group Limited (BSP) today (Friday 15th October, 2021), in Port Moresby.
BSP Supports 2021 Men of Honour Awards with K20,000
BSP Financial Group Limited (BSP) is pleased to continue its support to Digicel Foundation’s Men of Honour 2021 awards with a sponsorship of K20, 000.
BSP School Cricket Program Produces 9 Barras for ICC T20 World Cup Debut
The BSP International award winning sports program- The BSP School Kriket Program, has been a success over the last 10 years. It has grown substantially since inception, producing PNG international cricket stars who are ready for their ICC Men’s T20 World Cup Final series starting this Sunday.
BSP assists UPNG Journalism Strand
Photography is a vital tool in communication, education and the preservation of history and the BSP Financial Group Limited (BSP) is pleased to support the University of Papua New Guinea’s Journalism & Public Relations Strand with a camera today, Friday 15th October, 2021.
BSP Agents delivering basic banking for West New Britain
“Our BSP customers do not have to travel all the way to Kimbe or Bialla to do banking. We have 12 BSP Agents in the province who can provide basic banking services like accepting deposits and paying out withdrawals,” said BSP Financial Group Limited (BSP) Kimbe Branch Manager Betty Posangat.
BSP looks to expand Arawa Branch
“Wakunai, Arawa and Buin are among 21 areas in PNG where BSP is the only bank operating and we are committed to providing improved banking services; including the expansion of our Arawa Branch to cater for the growing customer base,” said BSP Financial Group Limited (BSP) Group CEO Robin Fleming during his recent visit to the Autonomous Region of Bougainville (AROB).
PNGX BSP Shareholders to trade on ASX
BSP Financial Group Limited (BSP) has confirmed in an announcement that BSP shareholders can migrate their holdings, or part of their holdings of BSP shares to the ASX and trade their shares on the Australian Stock Exchange (ASX) Market.
BSP Vanimo powers up health centre
People along the West Coast Road in Vanimo, West Sepik Province, can now access improved health services from Lote Sub-Health Centre following a facelift and refurbishment by BSP Vanimo Branch this month as part of the branch’s community project for 2021.
BSP Kundiawa lights up Pari Health Centre
BSP Kundiawa branch has come to the aid of the Pari Health Center in Gembolg Kundiawa District of Chimbu Province recently, lighting up the health center and staff houses with a solar powered kit and small fridge to safely store vaccines.
Understanding BSP Digital Payment Rails
An ever-present customer need is the continuous search for a convenient way to make payment. Payments is fast evolving from Cash and Card to Electronic Transfers. The simple exchange of value from one party to another has been refined with technology to make ease of payments convenience the primary experience for consumers. Moving away from traditional payment methods to electronic payment options, the competitive edge comes down to the ability to pay instantly, securely and with ease.
BSP Delivers worthy project to Special Education School
Gerehu Callan Services for Inclusive Education Resource Centre in Gerehu Stage 6, Port Moresby welcomed a refurbished building for students with disAbilities, thanks to BSP Financial Group Limited.
Our bank, BSP proud to serve our people
Banking is an essential part of nation building and as a Papua New Guinean brand, BSP Financial Group Limited (BSP) joined the country in commemorating the country’s 46th Independence anniversary this week with a flag raising ceremony held across its network of 42 branches nationwide including its Waigani Head Office in Port Moresby.
BSP Kerema reopens doors to the Gulf People
BSP Financial Group Limited (BSP) has reopened its Kerema sub-branch on 6thSeptember, 2021, after eight months of shutdown since 14th December, 2020, following breaking and entering of the branch.
BSP responds to fees being circulated on Social Media
BSP Financial Group Limited (BSP) is aware of the unattributed comments about its Fees and Charges being circulated on Social Media which are either wrong, not charged by BSP, have been reduced and/or were eliminated some years ago.
BSP service thriving in East Sepik
The thriving Sepik Economic Zone makes BSP Financial Group Limited’s Wewak Branch one of the top five SME loan portfolio branches in the PNG Market.
BSP assists locals with fish market in Gaire
The sight of Fresh bundles of fish is familiar for many who travel the Magi Highway, in particular Gaire which has become a mini economic hub for commuters along this highway.
BSP delivers for its customers and shareholders
“The underlying strength of our business combined with a focus on supporting our customers during these difficult times has resulted in strong returns for our shareholders, with an increased dividend,” said BSP Group CEO Robin Fleming when announcing the bank’s Half Year Performance last week.
100 Desks for Kokopo’s Anglicare Elementary School
With East New Britain playing host to BSP Executive Management and Board Directors this week, the visitors took time out to hand over 100 desks to the Anglicare Elementary school in Kokopo as part of the Kokopo Branch’s Community Project.
BSP clarifies deposit process at branch
“BSP Financial Group Limited (BSP) does not impose a K1,000 cash deposit acceptance limit at any of our branches,” said BSP Group CEO Robin Fleming when addressing recent social media comments, which were also raised in Parliament last week.
BSP supports PNG Paralympics Team to Tokyo
BSP Financial Group Limited (BSP) recognises and supports sports development in the country, including inclusive sports and is pleased to be supporting the PNG Paralympic Athletes in their journey to the 2021 Paralympics in Tokyo.
BSP Mt Hagen assists pioneer school in Minj
It has been 12 years since the commencement of BSP Mt Hagen Branch Community Project in the Western Highlands Province, and for the first time, the branch has extended its reach to neighbouring Jiwaka Province, with the delivery of much needed infrastructure to Minj T Primary School.
BSP Lights Up Rural Health Centre
“I recall nights where late Joe would mount a head torch or carry a lamp and walk to the Health Centre when there is an emergency,” said the Head Teacher of the local Matanatou Primary School, Luana Duli.
Tari School receives assistance from BSP
BSP Tari Branch through its community project initiative, has come to the assistance of the Tari Admin Primary school with the donation of 100 desks, teachers’ tables, chairs and a Covid-19 hand wash basin recently.
BSP serves K20,000 for Mt Hagen Cultural Show
BSP Financial Group Limited (BSP) presented a cheque worth K20,000 to the Mt Hagen Show committee on (Tuesday 10th August, 2021) to support the staging of the 61st edition of the Mt Hagen Cultural Show.
BSP Alotau focuses on banking education
Financial Literacy or Banking Education has become the focus of BSP Alotau Branch - giving people and customers a better understanding of why banking services exist and how they benefit people.
BSP Continues to invest in Children’s Literacy
In support of increasing literacy rates in PNG and equipping children at an early age to read and write, BSP Financial Group Limited (BSP) announced its continued partnership with Buk bilong Pikinini (BbP) Library Learning Centre at the Tatana Library Learning Center, outside Port Moresby on Wednesday 4th August, 2021.
St John Ambulance – Convenience that matters
St John Ambulance has partnered with BSP to offer payment options via BSP Mobile Banking *131# to offer customers efficient and convenient services.
BSP kicks off with K40,000 for Rabaul School Select Side Rugby League Teams
On a path to picking out young talents at an early age and preparing them onto the right path to achieve the bigger dreams, BSP Financial Group Limited (BSP) presented K40,000 to Rabaul Rugby Football League (RRFL) School Rugby League Competition in East New Britain Province today.
BSP Reaffirms Support for Operation Open Heart
In the bid to giving cardiac patients in PNG a new chance at life, BSP Financial Group Limited (BSP) continues to stand firm in supporting the Operation Open Heart’s (OOH) Training and Development program with a cheque of K100, 000.
BSP Business Customers express concerns on Vaccination Hesitancy
A number of business customers have expressed concerns around vaccination hesitancy, which has hindered business prospects during this Covid-19 pandemic.
Change Brings Opportunities
Themed Change Brings Opportunities, the Digital Strategic Business Unit (SBU) held a half-day workshop to review half year performance.
Improved banking facility for BSP Namatanai Branch
The people and residents of New Ireland not only celebrated the New Ireland Provincial Day this week, they are also celebrating the improved banking facility with the opening of the BSP Namatanai Branch today, Wednesday 28th July, 2021.
Brisbane Broncos relaunches BSP Financial Literacy Program to schools with BSP
BSP Financial Group Limited (BSP) with Community Partner and popular Australian NRL Club, Brisbane Broncos, joined hands to relaunch the BSP Financial Literacy Program for schools at the Ted Diro Primary School and St Joseph’s International College respectively today ( Wednesday 28th, July 2021), in Port Moresby.
Grand Stand for Enga Provincial Games
Enga Province will host its Provincial Games next month in style thanks to BSP Financial Group Ltd (BSP) ‘s timely assistance of a Grand Stand, built at the Mommers Oval in Wabag.
Shop Online with RH Hypermarket and pay without a Card!
RH Hypermarket is the 1st online shop to offer BSP’s new payment service – BSP Pay.
FX Market Liquidity Improves in June Quarter 2021
FX Market Liquidity improved in the June Quarter 2021, with FX market turnover rising 19.7%.
PNG Economy stabilises after recent government announcements
Economic growth is projected to accelerate to 4.2% in 2022 as PNG’s economy continues to recover from a pandemic induced recession in 2020 and with 2021 economic growth expected at 3.5%, although recent surge in Covid-19 cases poses a threat, announced BSP Financial Group Limited (BSP) in its Pacific Economic and Market Insight Quarter 2 of 2021 Report.
New desks to Ijika Primary School, Popondetta
“Education is the foundation of life and as a community bank, we understand the challenges in our communities and we give back where necessary through Education, Health and Sports as part of our annual community project initiative,” said Financial Group Limited (BSP) Popondetta Branch Manager Samuel Okti when addressing students and teachers of Ijika Primary School recently.
BSP Remains Committed to Supporting Rural SMEs
Rural small businesses are an integral part of local economies and communities. While rural communities need financial services the most, they remain the largest unserved market most times.
PNG Auditors Conference focusses on “Niupela Pasin Bilong Audit”
THEMED the “Niupela Pasin Bilong Audit,” the 16th PNG Auditors Conference is aimed at equipping internal auditors with tools to adapt to changes in their business and the business environment both locally and globally taking into account the challenges brought on by global pandemic, Covid-19.
Water tanks and desks for Western Province School
Western Province has one of the country’s largest land mass, covered by swampy areas. Transportation is either by road, on foot, over the water or only accessible by air. Western Province is a challenging area for businesses to operate in but that has not stopped BSP Financial Group Ltd (BSP) from serving the people of North, Middle and South Fly Districts through its Tabubil, Kiunga and Daru Branches.
BSP Aitape Upskilling people in Rural Communities
Seventy-Eight (78) Revival Centre Church members in Waunini Village were among the 1,300 people who participated in the BSP Financial Literacy Training (FLT) in Aitape this year.
Water PNG extends mobile merchant services to the Nation’s Capital
Water PNG customers in NCD can now pay for water bills in the comfort of their homes, office or anywhere using BSP Mobile Banking *131#.
BSP Pay - a component of PAU new website
Pacific Adventist University (PAU) is leading the way in providing students, parents and staff the option of making payments using BSP Financial Group Limited’s (BSP) Digital Payment solutions.
Paiam District Hospital gets assistance
It has been a tough year for the Porgera township and its surrounding communities. The onslaught of Covid -19 and the closure of the mine in the cold misty Porgera Valley was a challenge to many communities including businesses but BSP Financial Group Limited (BSP) – the only bank in the area continues to invest in the community.
A library for rural Mekeo School
“This facility will enhance and contribute to the education of our children. We are trying to meet the required infrastructure needed and BSP has come to our aid, said St Paul’s Day High School Chairman Joe Mega, during the handover ceremony of the school’s library on Saturday 26th June, 2021.
BSP Operates As Partners for People & Businesses
“BSP Financial Group Limited (BSP) is a key supporting partner and facilitator of the SME’s in the country. Offering a range of products and services that are customized to meet the banking needs of our people and SMEs,” this was the key message from BSP Deputy General Manager, Retail Sales & Customer Service, Peter Komon, who spoke to participants at the PNG SME Supply Chain Seminar, at the APEC Haus in Port Moresby.
Esrae Trading - 1st BSP Mobile Merchant in Enga
BSP Financial Group Limited (BSP) recently upgraded its mobile banking platform to make and receive payments for goods and services via BSP Mobile Banking *131#.
Agents extending access to BSP services
Eastern Highlands Province has eight Districts, seven of which BSP Financial Group Limited (BSP) services through its Branch Networks in Goroka Town, Kainantu and the Sub-Branches in Daulo, Henganofi, Lufa, Aiyura, Yonki and Okapa.
BSP supports CPA PNG conference with K50,000
BSP Financial Group Limited (BSP) has again supported the Certified Practicing Accounts (CPA) PNG Annual Conferences this year with a K50, 000 sponsorship. The first of the three conferences successfully concluded today, Thursday 24th June 2021, in Kokopo, East New Britain Province.
BSP assists PNG Mental Health Directorate with Video Conferencing equipment
BSP Financial Group Limited (BSP) has come to the timely assistance of the Directorate of Social Change and Mental Health Services with delivery of Zoom Video Conferencing Equipment. The equipment presented by the Bank through its yearly Community Project Initiatives will enable the directorate to reach more people across the country, conduct training and improve the access and quality of mental health Service delivery.
BSP Hosts BSP Pay Demo Session for SMEs
In continuing the awareness on the ‘BSP Pay’ platform, BSP Financial Group Limited (BSP) staged a demonstration session for its SME customers at the BSP Waigani Head Office on Thursday 17th June, 2021, with the aim of providing information on the benefits of the platform and how to register and use BSP Pay.
BSP makes learning comfortable for Arawa Primary School students
Grade 3 and 4 students of Arawa Primary School will no longer sit on the floor in class thanks to BSP Arawa Branch Team who handed over a refurbished classroom with new desks, making learning comfortable and easy.
Sola PayGo Expands Reach via BSP digital payment solutions
Collaborating with BSP Financial Group Limited (BSP), Sola PayGo has expand its reach in the rural areas of PNG through affordable products and ease of payments through the BSP digital payment solutions.
BSP Expands - Morobe Province to have six (6) Branches
BSP Financial Group Limited (BSP) continues to expand its footprint in PNG and the Pacific and aims to have its 6th branch open in the Morobe Province before the end of 2021. “This will strengthen our physical presence in Lae through our new Eriku Branch,” said BSP Group CEO Robin Fleming while on the recent FM100 Talkback Show in May.
BSP Reaffirms Support for Trash to Treasure Festival
BSP Financial Group Limited (BSP) has committed K40, 000 to reaffirm its support to the Port Moresby Nature Park as naming rights sponsors of the 2021 BSP Trash to Treasure sculpture Festival in Port Moresby.
BSP Unveils Refreshed Logo and Tagline
BSP Financial Group Limited (BSP) formerly known as Bank of South Pacific Limited has launched a new logo, simplified, more bold and dominant with a modern look and feel.
BSP Branches observe World Environment Day
Close to 300 tree seedlings were planted today, Friday 4th June, 2021, by BSP Financial Group Limited (BSP) , commemorating World Environment Day and associated activities with selected primary schools in NCD including Buk Bilong Pikinini Library Learning Centres in Lae, Goroka and Lorengau.
BSP continues to support Manus in education projects
Manus is one of 60 locations in PNG where BSP is the only bank but being the only bank in the Province has not limited BSP from delivering community projects apart from its traditional banking services. One of the main area of support has been towards schools.
BSP Stitched in K20, 000 for Fashion Week
BSP Financial Group Limited (BSP) sew in K20, 000 to PNG Fashion Week Limited to support the 2021 PNG Fashion week event in Port Moresby.
BSP’s ongoing talent development for staff career progression
BSP Financial Group Limited (BSP) recently celebrated the achievement of 17 employees who attained their Diploma in Business with Banking Electives from Torrens University (Australia) and Diploma in Banking and Finance from the PNG Institute of Banking and Business Management (PNGIBBM).
The South Pacific’s largest bank admitted to Australia’s ASX
PNGX listed BSP Financial Group Limited (BSP) has successfully joined the Australian Securities Exchange. BSP’s dual-listing will open up the company’s register to Australian investors and boost the liquidity of its shares.
BSP lights up Inu health Centre, Moro
“From lighting up a rural community’s health centre to disaster relief assistance and now responding to Covid-19 through the installation of Hand Wash Stations, BSP Moro remains committed to the community we operate in,” said BSP Financial Group Limited General Manager – Retail Daniel Faunt.
BSP supporting health and communities in SHP
For forty years since its establishment, Mongol Health Centre in Mendi, Southern Highlands Province, has not had any form of maintenance, until BSP Mendi Branch staff refurbished the facility and donated medical equipment to the tune of K25,000.
BSP, a finalist in the prestigious SP Sports Awards
BSP Financial Group Limited (BSP) is one of three finalists in the prestigious SP Sports Awards’ new award category - “Stan Joyce Award,” recognizing corporate businesses who contribute to the development of sports in PNG in 2019 and 2020 respectively.
MoU between BSP and DoF allows for Digital Payment
A Memorandum of Understanding (MoU) signed between BSP Financial Group Limited (BSP) and the National Department of Finance today, Friday 14th May, 2021, will enable a digital payment solution for the collection of non-tax revenue for the government.
Kimbe Cutters Commend BSP for Local Talent Development
“We are grateful to BSP for being part of the local talent development, not only as a sponsor, but being part of the team’s progress through financial literacy trainings, new account opening and guiding the players in making wise financial decisions,” said Kimbe Cutters Vice President Sydney Nuli upon receiving the K100,000 cheque sponsorship from BSP Financial Group Limited (BSP) on Friday 7th May, 2021.
Covid-19 continues to affect tourism driven economies
The Covid-19 pandemic continues to have a negative impact on businesses in the Pacific, particularly in c¬¬¬ountries where tourism plays a major role in the local economy despite the fact these countries were largely spared by the pandemic.
National Youth Essay Competition preps Grade 12 students
Grade 12 students in selected schools in PNG have been given the opportunity to prepare for their National Written Expression Exams by participating in the 3rd National Youth Essay Competition scheduled from 3rd to 17th May, 2021.
BSP Reduces Equity on SME Credit Enhancement Scheme Loan
Owners of Small to Medium Enterprises in Papua New Guinea can now access the National Government supported loan facility – SME Credit Enhancement Scheme Loan at the BSP Financial Group Limited (BSP) with a lower equity requirement and higher maximum loan amount effective immediately.
BSP Aitape, delivering more than banking, 40 years on
From humble beginnings near the banks of the Aitape river, BSP Aitape Branch continues to deliver banking services to the people of Aitape Lumi and West Sepik 40 years on.
Community & Service News
The latest company information for BSP customers, media and general public.