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Tags archive: Bank of South Pacific (BSP)

Business

Finance department, BSP sign cooperation to launch new payment system

08 Sep 2025

The Finance Department and Bank of South Pacific Financial Group Limited (BSP) have signed a partnership agreement to launch and expand a new payment system…

Business

BSP records 572M kina profit for first half of 2025

26 Aug 2025

The Bank of South Pacific (BSP) recorded a net profit of 572 million kina in the first half of 2025, according to the bank’s chief…

Business

BSP raises concerns over Australia’s $2B backing for ANZ in Pacific

15 Aug 2025

Papua New Guinea (PNG)’s largest bank, Bank South Pacific (BSP), has raised serious concerns over a $2 billion financial guarantee being given by the Australian…

Business

BSP temporarily disables balance checking due to illegal terminals in shops

14 Aug 2025

The Bank of South Pacific (BSP) has temporarily disabled the balance enquiry feature on its Eftpos terminals, effective since August 12, following a surge in…

Economy

Opposition reiterates criticism on sale of MVIL shares to MRDC

28 Jul 2025

Political opposition leader Douglas Tomuriesa and Sinasina-Yongomugl lawmaker Kerenga Kua have raised strong concerns over the recent sale of 70% of Motor Vehicles Insurance Limited's…

Economy

BSP commits 210,000 kina to support SEZ Summit, local SME growth

18 Jul 2025

BSP Financial Group has reinforced its commitment to Papua New Guinea’s economic development, by allocating 200,000 kina to support the 2025 Special Economic Zone (SEZ)…

Business

Minister: No foreign investors have bought BSP shares in recent sales

18 Jul 2025

State Enterprises Minister William Duma on July 16 announced that there were no foreign investors among buyers in the recent sales of Bank South Pacific…

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