BSP Tonga announces FY2021 performance
Bank of South Pacific Tonga Limited (BSP Tonga) today, 3 March 2022, announced a Net Profit After Tax of T$11.85 million for the financial year ending 31 December 2021. The result was driven by the release of Covid-19 provisions, good foreign exchange revenue, and strong transaction volumes.
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 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.
Interest rate Changes for BSP Tonga Limited
Bank of South Pacific Tonga Limited (BSP) will reduce interest rates across a number of lending and deposit products, effective 6th September 2021. New rates will apply for Unsecured Personal Loans - now 13% (reduction of 5.50%), Secured Personal Loan – now 12.3% (reduction of 1.70%). Rate changes will also apply across some Demand Deposit and Term Deposit accounts – noted below.
Bank of South Pacific launches new ATM
The Bank of South Pacific increased its digital footprint by opening its 15th ATM in Tongatapu to support the banking needs of customers in the Hihifo district (Western suburbs).
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 offers Relief Package for Customers Impacted by COVID-19
Bank South Pacific (BSP) is monitoring the evolving nature of COVID-19 and in response is offering relief packages to assist customers during this period.
BSP Tonga Announces Record Profit of T$11.15m
"BSP Tonga has recorded an operating profit after tax of T$11.15m for the full year ending 31st December, 2019, a 5% increase from 2018 results," announced BSP Tonga Country Head Marcellina Rose Wolfgramm Haapai this week.
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.
CUSTOMER NOTICE I BSP VISA DEBIT CARD HOLDER
Bank South Pacific (BSP) wishes to advise valued customers that our magnetic BSP Visa Debit Cards (VDCs) have been replaced by EMV-Chip VDCs.
Planned System Maintenance
Bank South Pacific (BSP) has scheduled system maintenance to be conducted on Sunday 1st March, 2020.
Important Customer Notice
Bank South Pacific advises that hoax emails are in circulation. Although they may appear genuine, they are fraudulent and have not been sent by BSP. Do not click on, or follow any links contained in these emails
A Step forward for BSP Tonga with EMV chip enabled card
BSP Visa Debit card users in Tonga has been issued cards that come equipped with chips on them. These chips are known as EMV chips. EMV - which stands for Europay, MasterCard and Visa -is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. This new enhancement will be implemented to counter and protect customers and the bank against security breaches and counterfeit card fraud. Most major card issuers around the world have migrated to this new technology to protect consumers and reduce the costs of fraud and BSP will also be migrating into this new technology.
Customer Awareness Notice
Effective Saturday 24th August, 2019 when selecting an account for a transaction either at our ATMs or EFTPOS terminals, BSP customers who previously selected SAVINGS need to select CHEQUE at account selection.
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.
Zero Data Charges applied for BSP Internet Banking
BSP Customers can now access Internet Banking for Free, with no data charges applied.
eBanking Toll Free Number
Contact our Toll Free Number 0800800 for more information or assistance with our electronic banking products.
BSP appoints Regenvanu to lead operations in Vanuatu
Bank South Pacific (BSP) continues to build its greatest asset; Human Resources, through mentoring and building young professionals to lead the biggest bank in the Pacific.
SWIPE TO GO INTO A MONTHLY DRAW TO WIN!
Simply complete an EFTPoS transaction between 12th March - 30th April, 2018 to enter.
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.