Bank of South Pacific opens sub-branch at Higaturu

SP has opened a sub-branch in Higaturu, Northern Province and locals now have reason to smile as they do not have to travel into town.

Governor Gary Juffa Cutting the Ribbon
The bank anticipates that this sub-branch will ease the burden on its main branch in Popondetta as it will have the ability to process loans, cheque deposits, Mobile banking registrations and an ATM on site.  It will also perform traditional functions like deposits, withdrawals and account openings.

Employees of the NBPOL, oil palm growers and the local community will have banking services at their doorstep, saving time, effort and resources.

Those who were present at the launch today applauded the bank for its continued commitment, because a bank provides the platform to boost economic growth, encourages commerce and a savings culture. BSP also has 6 active Agents and over 100 EFTPoS merchants in the province.

Northern Governor Gary Juffa officiated at the launch and also thanked BSP for providing banking services to the Province. Governor Juffa said he would like to have more branches like BSP Higaturu to be opened around the province to serve the people.

"I'm thankful that BSP has remained in Oro Province, despite the difficulties and challenge they have remained. I would like BSP to grow but we need the government to create that conducive environment and it is my effort to create that environment for growth in this challenging environment," he stressed. He added that "If we can ensure that ordinary people can access banking services we would see a savings culture develop".

NBPOL Higaturu Manager Supplies Saroj Sharma conveyed NBPOLs appreciation and said it was a significant development in the community. The sub-branch is located within the NBPOL estate. "We now enjoy the access to ready banking services right at our doorstep, this completely eliminates the need to go to town to access banking services," Mr Sharma said.

BSP's Southern Region Area Manager, Roslyn Hoping said "The banking services provided by BSP throughout the country are in line with the National Goals and Directive Principles outlined in our Constitution, which calls for equal opportunity and participation in the economy and services nationwide."

"BSP is proud to have a new rural Branch in Higaturu, and we are optimistic the banking services will now pave the way for people in this district to participate more meaningfully in economic development and over time opens more opportunities for progress and growth," she added.

Banking is an essential part of nation building as it encourages people to participate in economic development, and due to the rugged terrain, it is sometimes quite expensive to fully operate in some remote areas in PNG, but BSP is proud to be at the heart of it all, providing convenient and safe banking products and services nationwide.

BSP's resolve is for all Papua New Guineans to be able to access banking services, because we want to help our customers grow their savings, grow their business, grow their province and together grow our nation and our future through safe, secure, convenient and cost effective banking.