| Description: | BSP Financial Group Limited provides commercial banking and financial services in Papua New Guinea, Fiji, Solomon Islands, Cook Islands, Tonga, Samoa, Vanuatu, Cambodia, and Laos. It offers personal banking services, such as transaction and saving accounts, foreign currency accounts, term deposits, personal loans and asset loans, student loan, overdrafts, debit and credit cards, mortgage services, as well as safety deposit box services. The company also provides business banking services, including a range of corporate banking services, business accounts, solicitor's trust account, business overdraft, asset financing, bridging loans, tailored business loans, commercial property investment loans, residential property investment loans, construction development loans, seasonal finance loans, and insurance premium funding loans. In addition, it offers paramount banking, small to medium entrepreneur banking, business transaction solutions, and finance solutions. Further, the company provides international banking products and services comprising FX payments, foreign currency notes, letters of credit, documentary collections, exchange rates, trade refinance, and fraudulent travelers cheques. It also offers fund management and investment banking, capital raising, life insurance, and medical and term life insurance; and digital technologies. The company was formerly known as Bank of South Pacific Limited and changed its name to BSP Financial Group Limited in March 2021. BSP Financial Group Limited was founded in 1957 and is based in Port Moresby, Papua New Guinea. |
