The BSP Financial Group Limited has delivered another strong financial performance in its Third Quarter 2025 Trading Update and receiving commendation from Prime Minister James Marape.

The prime minister described the bank’s performance as a clear sign of investor confidence, economic resilience, and the strength of Papua New Guinea’s banking sector.

BSP announced unaudited net profit after tax of K284 million, representing a 22% increase on the same period last year. Total revenue reached K860 million, up 15%, driven by growth across foreign exchange, fee income, and lending, underpinned by strong credit quality and disciplined financial management.

Prime Minister Marape said BSP’s results reaffirm that Papua New Guinea’s financial system remains stable and robust, even amid global challenges.

“BSP’s strong results are a testament to the resilience of our people, our businesses, and the confidence of investors in the Papua New Guinea economy,” Prime Minister Marape said.

“As we celebrate 50 years of nationhood, it is encouraging to see a homegrown institution leading the way in financial innovation and regional expansion while continuing to serve the people and businesses of Papua New Guinea.”