“Porgera and other resource investments are important economic activities and BSP is pleased to return banking services to the mining township.”
That’s from Bank of South Pacific Group General Manager Retail, Mr Daniel Faunt.
The BSP Porgera Branch reopened its doors to customers on Monday 15th April 2024, one year after it was closed due to security issues.
In a statement, Faunt said that the reopening of the Porgera Gold Mine will be a catalyst for continued economic growth following the mine’s closure almost two years ago.
He confirmed that the Porgera Branch service offering will include 2 ATMs, 40 EFTPoS Merchants and one Agent.
“Banking is an essential service – particularly in remote communities.”
“As the only bank operating in Porgera, we call upon the community leaders to support the safety and wellbeing of our staff and protect our facilities to ensure it remains accessible to the broader community.”
Additionally, He noted that when banking services were withdrawn in April 2023, customers were forced to travel to Wabag for commercial banking services.
“Across the Enga Province, BSP services these communities via 8 ATMs, 224 EFTPOS facilities and 5 agents – in addition to the Wabag and Progera branches as well as Wapenamanda Sub-Branch.”
Meanwhile the BSP Financial Group Limited is a leading Retail and Corporate bank with over 120 branches across the Pacific and operate over 80 branches across all provinces in PNG alone.