BSP acknowledges role of agents in communities

BANKING agents play an important role in providing banking services to rural communities, according to the Bank South Pacific Financial Group Ltd.
BSP Kimbe branch manager Betty Posangat was acknowledging the 12 BSP agents in West New Britain.
“Our BSP customers do not have to travel all the way to Kimbe or Bialla to do their banking,” she said.
“We have 12 BSP agents in the province who can provide basic banking services such as accepting deposits and paying out withdrawals.”
BSP has two branches and two sub-branches in West New Britain.
“With the help of our 12 agents, basic banking services are now accessible to the unbanked and rural areas of the province and we are grateful for the partnerships.”
Otto Akinan, who owns Adagas Trading at Buluma village, uses an Eftpos terminal to serve customers travelling along the Hoskins Highway.
He also serves local oil palm growers, New Britain Palm Oil Ltd employees and other public servants.
“Bulk of the customers travel the Hoskins highways daily and on paydays, Adagas Trading accepts deposits and pay out withdrawals,” he said.
BSP also has 130 active agents around PNG.
Posangat said BSP continued to provide communities it operated in community project initiatives.
“BSP has invested in 26 community projects since 2009 in WNB valued at K610,000 and we will continue to deliver similar projects,” she said.