BSP Launches dedicated Business Bank

BSP Financial Group Ltd., today officially launched its new Business Bank. A dedicated service tailored specifically to support the needs of Papua New Guinea’s business community – from start-ups to large enterprises.

While based at Gordons Commercial Centre in Port Moresby, the BSP Business Bank team extends its reach well beyond the branch — travelling to meet PNG businesses where they operate, connect, and grow.

This new offering reflects BSP’s enduring commitment to Championing Prosperity for the South Pacific and acknowledges the critical role small to medium enterprises (SMEs) play in PNG’s future.

“We know the businesses of Papua New Guinea don’t just drive the economy – they represent the hopes and ambitions of families, communities, and industries,” said Mark T. Robinson, Group CEO, BSP Financial Group Ltd. “With BSP Business Bank, we’re showing up in a new way – one that’s agile, accessible, and focused on solutions that grow with our customers.”

(L-R) BSP Group CEO Mark Robinson and Head Of Business Bank Raymond Logona seated during the press conference.

The newly launched Business Bank provides a full suite of banking solutions designed to empower businesses through every stage of growth:

BSP Business Bank is recognised for its hands-on approach with Business Bankers travelling across the country to meet with customers in their own spaces, from market stores and shopfronts to job sites and local offices.

“We’re not waiting for customers to come to us,” said Raymond Logona, Head of Business Bank. “We’re out there – on-site, in markets, in offices, and in communities. Our role is to walk alongside our clients, helping them unlock opportunity with tools that are built for PNG business realities.”

BSP has long supported the SME sector with lending, advisory, and access initiatives – and this new chapter reaffirms that commitment with a dedicated team, and investment in the future.

For more information, visit www.bsp.com.pg or speak to your local BSP Business Banker.