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South Pacific Financial history
South Pacific Financial company history timeline
In December 1995, BSP Holdings Limited completed a successful capital raising of K2.7 million by way of a Convertible Note Issue.
In 2001 the Privatisation Commission, on behalf of the Government of Papua New Guinea, offered for sale a 51% interest in the Papua New Guinea Banking Corporation (PNGBC) through a competitive trade sale process.
The company's shares were listed on the Port Moresby Stock Exchange on 27 August 2003.
During 2004, the bank acquired the Niue Branch operations of Westpac Banking Corporation.
On 18 December 2006, a BSP branch was established in Suva, Fiji following the acquisition of the Habib Bank Ltd interests in Fiji.
Outstanding performance continued during 2007.
Strong performance for the year with a profit of K355.9 million being a 26% increase on 2010's results.
Also in 2013, BSP moved from transformation to implementation, balanced by a sharper focus on strategically critical areas and cost control measures.
In 2013, there was continued growth of electronic banking facilities mainly through our EFTPoS devices at Agents and Merchants, including increase in mobile banking transactions, which are compelling features of BSP's customer engagement activities.
During 2015 PNG celebrated its 40th anniversary of independence and country successfully hosed the Pacific Games of which BSP was the Official Sponsor.
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South Pacific Financial competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Southern Automotive Finance Co | 1990 | $420,000 | 50 | 3 |
| BBD | 1997 | $49.9M | 1,000 | - |
| Dynasty | 2016 | $1.9M | 22 | 3 |
| Union Square CU | 1957 | $11.6M | 68 | 1 |
| PEARCE | 1981 | $9.2M | 50 | 473 |
| Oak Valley Ban | 1990 | $55.2M | 216 | 10 |
| Better | 2014 | $260.0M | 8,748 | 101 |
| GAMA International | 1950 | $10.0M | 50 | - |
| Home Credit | 1997 | $340,000 | 116,700 | - |
| CBC Companies Inc | 1948 | $590.0M | 1,400 | - |
South Pacific Financial history FAQs
Zippia gives an in-depth look into the details of South Pacific Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about South Pacific Financial. The employee data is based on information from people who have self-reported their past or current employments at South Pacific Financial. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by South Pacific Financial. The data presented on this page does not represent the view of South Pacific Financial and its employees or that of Zippia.
South Pacific Financial may also be known as or be related to SPFC, South Pacific Financial and South Pacific Financial Corp.