Bank South Pacific

Bank South Pacific HQ

Bank South Pacific (BSP) is one of the largest financial institutions in the South Pacific and the largest bank in Papua New Guinea. BSP is also represented in Fiji, Solomon Islands and Niue. BSP holds more than 50% of Papua New Guinea banking market and is therefore larger than ANZ, Westpac and others combined in PNG.  With over 3,000 employees, BSP operates a network of about 70 branches and over 275 ATMs in Papua New Guinea, Solomon Islands, Fiji and Niue. The 38 branches are located in PNG, 20 in Fiji, 8 in the Solomon Islands, and one in Niue. As of December 2010, Bank South Pacific had total assets of K10.03 billion (US$3.86 billion) and market capitalization of K3.78 billion (US$1.46 billion). The company was established on 1 May 1957 as a subsidiary of the National Bank of Australasia and is headquartered in Port Moresby.

BSP Fiji
Ni Sa Bula, Namaste and Welcome to BSP Fiji! In 2009, BSP acquired the National Bank of Fiji (trading as Colonial National Bank) and Colonial Fiji Life Insurance from Commonwealth Bank of Australia. BSP Fiji has a network of 20 branches and 120 ATMs across the country. In June 2010, BSP launched SMS banking, a first for Fiji and the Pacific.

BSP Solomon Islands
The Bank South Pacific is the leading bank in the Solomon Islands with a network of eight branches and 11 ATMs. In 2007, BSP acquired the National Bank of Solomon Islands Ltd. Now rebadged as a branch of BSP, it has the largest branch network in the Solomon Islands.  Bank South Pacific is the 100% shareholder of National Bank of Solomon Islands. The company provides a diverse range of personal and business banking products and services including home and personal loans, business loans, credit cards and savings accounts.