In this exclusive interview with Business Advantage PNG, CEO Mark Robinson reflects on BSP Financial Group’s impressive results. He also provides details of growth plans, including investments in digital channels and a major upgrade of the bank’s ATM network.
Papua New Guinea is expected to join 20 other jurisdictions on the intergovernmental Financial Action Task Force’s ‘grey list’ in February 2026. However, CEOs in the banking sector tell Business Advantage PNG they are confident they can manage the situation, and are optimistic it will lead to reforms.
Papua New Guinea’s National Banking Corporation received its commercial banking licence at the end of 2024. In this exclusive interview, CEO Paul Thornton outlines its plans to build its capital base and grow in an increasingly competitive banking market.
Andrew Cairns became the new Chief Executive of Westpac PNG in April this year. In this exclusive interview with Business Advantage PNG, he speaks about the bank’s renewed commitment to Papua New Guinea and where he sees growth opportunities across its economy.
In a market where more than F$10 billion is held in retirement funds, BSP Life has carved out a niche by meeting demand from Fijians for near-term financial security.
Fiji’s largest investor is the country’s sole retirement savings fund, Fiji National Provident Fund (FNPF), which receives contributions from over 420,000 members annually. Business Advantage speaks to its head to discuss the fund’s plans for the future, including its ties to the Papua New Guinea market.
The Bank of Papua New Guinea’s Green Finance Centre was established in 2024 to encourage financial institutions to fund sustainability-related projects. The centre’s head Mohinesh Prasad shares the progress being made on green finance – and its potential to boost PNG’s economy.
Papua New Guinea’s financial institutions are playing a leadership role in digitalising its economy. The country’s bankers talk to Business Advantage PNG about their major investments in new technology, and how this is driving business growth.
Ivan Vidovich, recently-appointed CEO of Kina Bank, speaks about the financial institution’s digital innovation strategy at the recent Innovation PNG 2025 conference in Port Moresby.
State-owned National Banking Corporation (NBC) secured a commercial banking licence in December 2024. In this exclusive interview, Chairman Darrell Seeto shares his plans to get the bank to profitability and a listing on Papua New Guinea’s stock exchange.