Company Information

Get to know Bank of South Pacific

Founded in 1957 as a branch of the National Australia Bank, the Bank of South Pacific (BSP) has grown to become the most prominent banking and financial services group in the South Pacific. After being acquired by the government of Papua New Guinea in 1993 and subsequently privatized, BSP has expanded its operations significantly. The group is a major provider of retail and business banking, corporate finance, investment banking, and asset management services. Its mission is to be the leading financial services provider in its chosen markets, helping customers, staff, shareholders, and communities to prosper.

Industry

Financial BankingPRIMARY
Financial Other Service

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Bank of South Pacific

N/A

Founded in

1957 (69 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.