BSP Financial Group Limited (ASX:BFL)

Robin Gerard Fleming
Market Cap (AUD): 2.34B
Sector: Financials
Last Trade (AUD): 4.97 -0.03 (-0.6%)
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1. About

Bank South Pacific (ASX:BFL) is a bank in Papua New Guinea and the Pacific, recognised for its strong commitment to the region and its Melanesian uniqueness.

BSP has the largest branch network in Papua New Guinea, Cook Islands, Fiji, Solomon Islands, Samoa, Tonga and Vanuatu with branches and sub branches in cities and towns in these countries and also in remote rural locations. The company's branch network is complemented by its electronic banking network.

BSP's teams in Corporate, Retail, Paramount and Treasury provide solutions to its clients, drawing on the banks capabilities and broad presence across the Pacific.

BSP also has three 100% owned subsidiaries; BSP Capital Ltd - stockbroking and funds management in PNG; BSP Finance - specialist Asset Finance company in Fiji and PNG and BSP Life - specialist Life Insurance company in Fiji.

BSP expanded its reach to Tonga, Samoa and Cook Islands in 2015 and more recently to Vanuatu in 2016.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk