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BSP delivers strong financial results in 2021, with net profit after tax of K1.075 billion
BSP Financial Group Limited (BSP) today announced a net profit after tax of K1.075b for the financial year ended 31st December 2021. The result was driven by the release of COVID-19 provisions, good foreign exchange revenue, and strong transaction volumes across all markets.
BSP Cook Islands announces Loan Interest Rate Review
As part of being a responsible financial institution, BSP Financial Group Ltd (BSP Cook Islands) regularly reviews all products and services in-line with the market and changing economic conditions. BSP Cook Islands is pleased to advise there will be a reduction in the advertised interest rate for the following products.
BCI Card Acceptance Cancellation
In preparation for a BSP system upgrade, we advise that from 30 April 2022 acceptance of BCI Everyday Cards on BSP ATMs and BSP Eftpos Terminals will cease.
Account Interest Rate review
As part of being a responsible financial institution, BSP Cook Islands regularly reviews all products and services.
BSP continues to deliver sound financial results, with net profit after tax of K698m for the first 9 months of 2021
BSP Financial Group Limited released its unaudited results to September 2021 today, with a reported Net Profit After Tax of K698m, despite most countries BSP operates in continuing to experience lower economic activity. COVID-19 continues to have an impact on businesses in all countries and those that are tourism dependent have suffered more than others as a consequence of minimal, or no, international travel.
Moving Forward Hints & Tips
As the end of the Economic Response Plan (ERP) Phase III is fast approaching consideration of your loan repayment will become a priority.
BSP achieves milestone in Vanuatu’s new banking System
BSP Vanuatu achieved a major milestone for its business on Monday 19th April, 2021, when its new Flexcube Banking System went live in Vanuatu, making it the first BSP operation to upgrade into this new system,” said BSP Group CEO Robin Fleming.
BSP Cook Islands Announces Relief Package for Customers Impacted by COVID- 19
The Bank South Pacific (BSP) is monitoring the evolving nature of the Coronavirus (COVID-19) and is arranging relief packages to assist customers during this period.
An 11% Increase in Profit for BSP Cook Islands Delivers
BSP Cook Islands Country Head, David Street, released the country's results for the full year to 31 December, 2019, noting a net profit after tax of NZ$3.32m, an 11.1% increase from 2018.
BSP Committed to Building an inclusive workforce
BSP takes great pride in the diversity of its people and is committed to building a strong and inclusive work culture in PNG and the Pacific.
Planned System Maintenance (1)
BSP Cook Islands wishes to advise all our valued customers that we will be performing a System upgrade on Sunday 26th May, 2019, from 1:00am - 03:00am.
Easter Public Holiday Notice
Bank South Pacific wishes to advise its customers that Friday 19th April and Monday 22nd April 2019 have been gazetted as Easter Public Holidays.
Planned System Maintenance
Bank South Pacific (BSP) is planning a scheduled system maintenance on Sunday 23rd September, 2018.
2017 BSP CHRISTMAS GIVING TREE
With Christmas just around the corner today BSP launched the 2017 BSP Giving Tree. The BSP Giving Tree is a partnership between BSP and the Ministry of Internal Affairs. This year the initiative is being expanded covering children in need in Rarotonga, the Southern Group and, for the first time, the Northern Group Islands. Its expected over 700 presents will be delivered to children up to the age of 15 years.
FULL YEAR RESULTS – 31st December 2017
Sir Kostas Constantinou, OBE, Chairman, Board of Directors, Bank of South Pacific Limited (BSP) today released the Group results for the full-year to 31 December 2017.
Avarua Satellite Outage
Cook Islands satellite provider, Bluesky Cook Islands, has announced a satellite antenna outage on its capital in Avarua.
FULL YEAR RESULTS – 31st December 2016
Sir Kostas Constantinou, OBE, Chairman, Board of Directors, Bank of South Pacific Limited (BSP) today released the Group results for the full-year to 31 December 2016.
BSP introduces new credit card
Bank South Pacific (BSP) Cook Islands yesterday officially launched its new Visa Business credit card for business customers.
Bank South Pacific (BSP) is planning scheduled maintenance on Sunday 6 November 2016.