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BSP resumes banking services in Porgera

Monday, April 15, 2024

“Porgera and other resource investments are important economic activities and BSP is pleased to return banking services to the mining township,” says BSP Daniel Faunt, Group General Manager Retail.

Porgera Branch reopened its doors to customers today, Monday 15th April, 2024, one year after it was closed due to security issues. Faunt said, the reopening of the Porgera Gold Mine will be a catalyst for continued economic growth following the mine’s closure almost two years ago.”

He confirmed that the Porgera Branch service offering will include 2 ATMs, 40 EFTPoS Merchants and one Agent.

Faunt said “Banking is an essential service – particularly in remote communities.  As the only bank operating in Porgera, we call upon the community leaders to support the safety and wellbeing of our staff and protect our facilities to ensure it remains accessible to the broader community.”

He noted that when banking services were withdrawn in April 2023, customers were forced to travel to Wabag for commercial banking services. Across the Enga Province, BSP services these communities via 8 ATMs, 224 EFTPOS facilities and 5 agents – in addition to the Wabag and Progera branches as well as Wapenamanda Sub-Branch.

BSP Financial Group Limited is a leading Retail and Corporate bank with over 120 branches across the Pacific. In PNG alone, we operate over 80 branches across all provinces.