Robin Fleming

BSP Group CEO Robin Fleming, when releasing BSP’s Economic & Market Insight December quarter, said: “Whilst natural disasters and external economic shocks pose a constant threat to economic growth and fiscal sustainability for each Pacific nation, pleasingly these economies have positive growth outlooks in 2020.”

BSP CEO, Robin Fleming, says Laos is being considered as part of its expansion adjacent to its current position in Cambodia.

Fleming recently spoke to Loop PNG on BSP’s service expansion plans for 2018.

He said for BSP Finance, they will focus on its expansion in Asia.

“The BSP Finance now that we’ve opened in Fiji, Solomon, NG and Cambodia, the other markets are possibly not quite as large to require a wholly independent BSP finance joint venture.

CEO Robin Fleming said much of the staff increase will focus on the retail section of its services to address the long client queues.

“We think there will be further staff number increase in PNG, more so than other countries during the course of 2018. We do realise we need to provide staff to certain areas, particularly in the retail area. None of us like to see the queues,” Fleming said.

He added the bank has a high focus on developing staff, beginning with its graduate and senior leadership program.

CEO Robin Fleming said most of their operations remain open, while severely affected areas have been closed due to ongoing aftershocks being experienced.

They include Moro (Southern Highlands Province), Mendi (SHP) and Tari (Hela).

He said all staff in the area have been accounted with relief packages sent to them.

“By and large most branches have been open, and continue to provide services where we can. And we’ll be making a formal announcement and relief packages later today. 

“Our thoughts are with those affected,” he said.

Now containing microchip technology, the enhancements protect customers against card fraud.

Additionally, the new card enables ‘touch and go’ technology, allowing customers to make transactions much quicker.

The new visa cards were launched in Port Moresby on Thursday night by BSP Group CEO, Robin Fleming.

“And it is important for PNG to be able to have a world class system,” said Fleming.