Improved banking access for remote Telefomin District
BSP Financial Group Limited has successfully opened its new Telefomin Branch, offering customers better access to all banking services, including ATM services after almost 40 years of limited banking options.
BSP Telefomin Branch opened yesterday, Monday 18th November 2024.
Housed in the Telefomin District Administration office complex, this new facility will offer full banking services to customers – giving them opportunity to open accounts, over the counter cash transactions, access to lending as well as other products. To support the community after hours, ATMs are available for use by customers.
BSP Group GM, Ronesh Dayal, Head of Branch Network Kili Tambua and staff of BSP Telefomin infront of the new branch.
BSP Group General Manager Retail, Ronesh Dayal attended the opening and shared that BSP is proud to service customers in this remote part of the country.
“It is not only a reflection of BSP's commitment to this community but also a demonstration of our ongoing commitment to change and growth. This year, we are taking bold steps to enhance our services and make banking more accessible for all Papua New Guineans. Previously, local residents were challenged by travelling to Vanimo, Kiunga and Tabubil for their banking needs, he added.
“The new branch is in a larger modern building and will have more staff to serve customers. ATM services is a new inclusion at the Telefomin branch, providing a vital service to more than fifty thousand people living in the Telefomin, Yapsi and Oksapmin LLGs of the district. It is our hope that through these services, we can empower individuals and businesses to thrive and achieve their financial aspirations,” Mr Dayal added.
Member for Telefomin and Minister for Works & Highway, Hon Solan Mirisim holding up cash that was just withdrawn from the ATM.
BSP’s contribution to Telefomin extends beyond banking services. BSP has invested in community projects across the West Sepik Province, with a total contribution of K670, 000 since 2009 supporting 28 projects in areas such as education and infrastructure. Two Community projects were delivered in Telefomin and Oksapmin.
The BSP team was welcomed by the MP for Telefomin and Minister for Works and Highway Honourable Solan Mirisim.
He expressed his gratitude reiterating that his people will now be able to access banking services without having to travel to Tabubil, Kiunga or Vanimo to do banking.
BSP remains committed to serving customers, support their growth, and look forward to building an enduring relationship with the people of Telefomin.