Three BSP ATMs damaged over festive period

The Lorengau Hospital ATM is one of four BSP ATMs in Lorengau and the destruction caused is irreparable and will cause great inconvenience to the people of Lorengau.

General Manager Retail, Daniel Faunt, expressed his disappointment that criminals deliberately vandalised and destroyed an ATM without any regard to the impact on people in the area, many of whom would be known to the criminals. 


2020 Red Shield Appeal supported

“BSP has had a long association with the Red Shield Appeal  and we would like to continue that and recognise the hard and exceptional work that the Salvation Army does through this support,” said BSP Group Retail General Manager, Paul Thornton.

Thornton donated K30,000 on behalf of BSP on Friday 13th November, to Salvation Army Colonel Garath Niemand during the luncheon of the Red Shield appeal in Port Moresby.


BSP branches recognised for community projects

In announcing this during the recent BSP Leadership Forum and Long Service Awards Night, BSP General Manager – Retail, Paul Thornton, said the Aitape Branch team accomplished a very needed project in the Lumi area where they “revisited the double classroom - installing interior walls, cementing the floors, constructing 20 desks, putting in windows and added a fresh coat of paint”.


Surprise visit by PNG Kumuls star

Mead was pleased to meet with the students and staff of the school to talk about sports and the power of learning through books on October 30th.

He encouraged the children to read, adding that “education and learning through reading contributed to improving their understanding of the world”.

For the teachers and parents who were there to witness the handover, Mead highlighted that it was important they continued to brew the love of books in the youngsters and encourage the ability of reading and comprehension.

BSP backs PNG Investment Week

The PNG Investment Week consists of four separate conferences in the series:

Lending rates for standard housing loan reduced

The new rates are 6.5 percent pa and 27 percent pa respectively, and came into effect on 6th May, 2019.

In announcing the reduction, BSP Group General Manager Retail Paul Thornton said the new Standard Housing Loan interest rate of 6.5 percent pa represented a 0.95 percent reduction from the previous rate and is applicable to existing and new borrowers.

Solar power top-up via mobile banking

The arrangement between Sola PayGo and BSP means Sola PayGo (SPG) customers can now purchase tokens through the BSP Mobile Banking.  The solar power (lights, panel, mobile charging bank, torch and/or radio) top-ups will be available under BSP’s Mobile Banking (*131#) Top Up service.

The solar kits by Sola PayGo will be made available to customers in pilot SPG’s locations in Central Province, the Highlands Region, specifically Goroka, Mt Hagen, Kainantu, Wabag and Gusap, and Wau and Bulolo in Morobe.

BSP supports cancer awareness

Funds presented were raised from a staff initiated morning tea fundraiser that was held on Friday 12th October to mark Breast Cancer Awareness month and raise awareness on cancer. 

Priscillar Napoleon, Executive Manager – Papua New Guinea Cancer Foundation, thanked the staff for the initiative and the support of the Bank and its employees.

“As a charitable organisation, PNGCF’s work would not be possible without the backing of local companies and individuals,” said Napoleon.

BSP supports National Law & Order Summit

The National Law & Order Summit 2018 will be held at the Lae International Hotel with the theme “Building Safer Communities through Crime Prevention Partnerships” and aims to collect views and opinions and share experiences from the Public and Private sectors, Churches, NGOs and Development Partners for practical partnership Crime Prevention actions.

BSP Deputy General Manager Kili Tambua said the Bank sees this forum as an opportunity for valuable sharing of ideas and information that will contribute to the development of the country. 

BSP supports racquets

More than 150 athletes are expected to participate in both disciplines for this year’s tournament with players flying in from Lae, Morobe Province and also from Cairns Australia to join the POM-based players.

BSP’s Head of Marketing, Gorethy Semi said that the bank is always proud to support and develop sports in PNG and believes that through tournaments such as this, selectors are able to identify young racquet stars to represent PNG at larger tournaments in the Pacific, Asia and Oceania Regions.