Growing our future better.
The Financial and Private Sector Staff Savings and Loans Society Limited (FPSSSLSL) is a licensed financial institution approved by the Registrar of Savings and Loan Societies under the authority of the Governor of the Bank of Papua New Guinea.
We have a long-standing history and legacy in the financial development and prosperity of Papua New Guinea since Independence through to the merger of PNG Banking Corporation (PNGBC) and Bank of South Pacific (BSP), which is now called BSP Financial Group Limited.
Today we still continue to grow the future of our members better. The Society exists to promote thrift among its members and to educate its members in financial responsibility to receive the savings of members as contributions for shares or on deposit and to make loans to members for purposes of improving their lifestyle and economic wellbeing.
We have a experienced financial board of directors assisting the management with its strategy, growth and implementation.
An Accountant by profession, holds a Bachelor's Degree in Accounting and Registered member of CPA-PNG. He is a professional member of PNG Institute of Directors and brings more than 30 years of experience from Banking and Finance and other Industries.
An Accountant by profession, holds a Diploma Certificate in Accounting and Registered member of CPA-PNG. She is an associate member of PNG Institute of Directors and brings more than 20 years of experience from Banking and Finance Industry. She is a Director on the Board of Federation of Savings & Loan Societies Incorporated.
A business management professional, holds a Master's Degree in Business Management and a Bachelor's Degree in Economics. He is a professional member of PNG Institute of Directors and brings over 30 years of experience from various Industries and Board experiences from other Industries.
A Commercial Lawyer and ICT Professional, holds a Bachelor's Degree in Law and a Diploma in Business. She is a member of PNG Institute of Directors and brings over 30 years of experience from Banking and Finance and other Industries.
Ms Opu joined the Society in year 2022 as the Corporate Services Manager and was appointed to the General Manager's role in 2023. Under her leadership and with the guidance of the vibrant Board of Directors including the dedication and commitment of the hard-working staff, the Society has seen positive growth in Financial and Operational Performances in the last 3 years.
The Financial & Private Secotor Staff Savings & Loans Society Limited (FPSSSLSL) began as the PNGBC Savings & Loan Society Limited in 1979. It originally functioned as an internal lending unit wtihin the PNG Banking Corporation (PNGBC) until it was registered in April 1979 as the PNGBC Staff Savings & Loans Society. The Society used the name until June 2006, when the Bank of Papua New Guinea (BPNG) approved of its name change and legally declared it as the Financial and Private Sector Staff Savings & Loan Society.
Currently, FPSSSL is registered and legally recognized as a Savings & Loan Society in PNG, in compliance with the old Savings & Loan Societies (Amended) Act 1995. It has since transitioned into the new Savings & Loans Societies Act 2015, which was gazetted on 24th August 2018. Additionally, it was registered as a company under the IPA Companies Act 1997 on 15th May 2019 (Reg. No. 1-121955).
Photo Credit: Lindsay Bridge; PNGBC Branch, Port Moresby, 1981
If you're interested in finding out more about our membership, careers or the organisations plans for growth you can speak with any of the following members of our management team.
Last year marked a significant improvement from the previous year.
Dividend interest paid to members in 2026
in interest paid to members
Last year marked a significant improvement from the previous year.
Unit 2E, Level 2, Times Square, Wards Strip, Waigani, National Capital District, Papua New Guinea
