Papua New Guinea's No 1 Information Portal

Bank South Pacific

BSP Government SME Support Programme Loan

5% p.a. fixed (government-subsidized)

Rates and terms shown are for comparison purposes and may change. Confirm current details with the institution before applying. Last verified Jul 7, 2026.

Eligibility

Open to ALL customers, not limited to existing BSP customers. Part of a PNG Government initiative (K200 million allocated annually via Dept. of Commerce and Industry, with K100M routed through BSP, K80M through National Development Bank, K20M via DCI directly). Standard BSP lending requirements still apply (collateral, repayment capacity confirmation). Loan amount depends on the business's net profit and repayment capacity.

Contact Bank South Pacific