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BSP Daulo Sub Branch Closed Due to Robbery

Tuesday, January 25, 2022

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 Management confirmed that on Saturday, criminals broke into the BSP sub branch and stole an estimated K12, 000 in cash along with banking devices.

BSP Retail Deputy General Manager Sales & Customer Service, Peter Komon said, “this is the third time Daulo sub branch has been robbed. The last incident was in November 2021, less than 6 months ago, whilst the first incident happened in March 2011.”

"BSP is the only bank operating in the Daulo electorate.  It serves a population of nearly 50,000 people living in Lower and Upper Asaro, and Watabung. While we regret to inform the public of our decision to close the sub branch indefinitely, law and order issues such as this affects service delivery and at the same time disrupts economic development in the rural areas. To experience break-and-enter just 6 months since the last incident is uncalled for."

“The safety of our staff, branches and properties is a fundamental requirement for BSP to continue providing banking services in any community, especially in areas where, no other banks operate in." added Komon.

Responding to this issue, BSP Group CEO Robin Fleming said, "BSP has experienced ongoing issues of criminal activities in the past which had disrupted its services to the respective areas. While banking services is an essential service aimed at increasing financial inclusion for rural people, BSP sub branches and agencies will only continue to operate in an environment where safety of bank assets and staff are guaranteed by the community concerned."

While BSP apologises for the inconvenience this caused to its customers, we encourage them to use our Digital Banking platforms - Mobile Banking and Internet Banking for a safer and more convenient experience.

The BSP Daulo sub branch is now closed until the criminals involved are apprehended and charged.