As Papua New Guinea marks 50 years of independence, BSP Financial Group Limited is celebrating the nation’s golden milestone by giving back to the people who have been central in its journey.

In celebration of PNG’s 50^th Independence, BSP launched its “50for50 – Givim Bek” initiative, today, Friday 12^th September 2025, during its annual PNG Flag raising – an event that staff proudly participate in across all its 80 plus branches in PNG. The “50for50 – Givim Bek” initiative will see BSP invest K2.5 million into 50 community-driven projects nationwide — empowering 50 communities with grants of K50,000 each.

BSP Board Chairman Robert Bradshaw said the initiative is more than a gift; it is a reflection of BSP’s role as a partner in nation-building.

“BSP is not only part of the country’s history but also its future. At Independence in 1975, we were a small domestic bank. Today, we are the South Pacific’s largest financial group. Our ‘50for50 – Givim Bek’ Program reaffirms our deep connection with the communities we serve and ensures that progress is shared across PNG – at least one community in each province will receive this support over the next year” Mr Bradshaw said.

The initiative complements BSP’s longstanding Community Projects Program, which already delivers more than K1.2 million annually through branch and business unit projects in health, education, and community development. Together, these commitments will leave a lasting legacy of education, youth empowerment, sustainable livelihoods, and better health outcomes.

Mr. Bradshaw highlighted that BSP’s impact extends well beyond banking services. “It’s important to remember that 83% of our shareholders are everyday Papua New Guineans — through their superannuation funds, landowner holding companies, and local investments. When BSP succeeds, it is the people of PNG who benefit, as wealth and opportunity flow back into households, communities, and the wider economy,” he concluded.

As PNG looks forward to its next 50 years, BSP’s role as a partner in nation-building remains as vital as ever. Our purpose is clear – to empower people, grow communities, and create prosperity that endures across generations.

The 50 for 50 initiative is both a celebration of how far we have come and a symbol of the road ahead — one paved with care, aspiration, and growth.

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