Newsroom

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.

Earlier this month, BSP joined a growing number of corporate organisations in raising awareness on Breast Cancer.

BSP, Fiji's leading financial services provider has commended the organisers and participants of the Pacific Financial Inclusion Innovation Summit held recently in Papua New Guinea. 

The Easter Holidays is an important event for most families in Fiji.

BSP will host customers at all its 18 Branches this Saturday and offer instant approvals on Personal Loan applications received on the day.

Sir Kostas Constantinou, OBE, Chairman, Board of Directors, Bank of South Pacific Limited (BSP) today released the results for the full-year to 31 December 2015.

BSP Chairman Sir Kostas Constantinou, OBE, today announced the 2015 unaudited preliminary consolidated group results, with the key highlights being:

• Net Profit after Tax (NPAT) of K531.9m, an increase of 5% over 2014.
• Total Assets of K18.274bn, up 15% from 2014.
• Capital Adequacy of 23.3%, (FY14 24.0%) well above Bank of Papua New Guinea's prudential minimum of 12%.

It has been widely reported that there has been an increase in attempts to defraud customer's bank accounts in Fiji.

Bank South Pacific (BSP) has officially acquired Westpac Banking Corporation (Westpac) in Solomon Islands, positioning it as a regional leader in financial and banking services.

 

THE Fiji Weightlifting team to the XV Pacific Games received a major boost when Bank of South Pacific presented $7,500 to polish off their final preparations in PNG.

Don't dream of going to watch the Hong Kong 7s Live, do it!

BSP can help you live that dream by financing your trip with an Easy Unsecured Personal loan (Easy UPL).

The Bank of South Pacific Ltd (BSP) Group has made a donation of PGK100, 000 (FJD105, 000) towards relief efforts currently underway in Vanuatu, following the recent destruction caused by tropical cyclone Pam.

In recognition of International Women’s Day, Bank South Pacific is offering special financing for women who want to buy cars in March.

Country Manager Kevin McCarthy this week announced support for Team Fiji to the tune of $18,000 sponsorship for six selected sports.

Group CEO Robin Fleming said Fiji was the flagship of how BSP would like to transition the new businesses that are subject to the acquisition from Westpac into the BSP family.

The bank gave 10 computers to the Sawani Primary School this week with a pledge to assist the school with 10 more computers.

The village of Namatakula in Navosa will continue to pump out rugby stars because of the establishment of their new $10,000 gym, according to village elders.

Chairman of Bank of South Pacific Limited (BSP), Kostas Constantinou OBE, today announced that BSP has entered into an agreement to acquire the banking operations of Westpac Banking Corporation (Westpac) in Samoa, Cook Islands, Solomon Islands, Vanuatu and Tonga for AUD $125 million (FJD $202 million).

The unveiling of the Rakiraki multipurpose court will see the inclusion of three more sports namely volleyball, netball and badminton to enable customers and members of the community to keep fit and healthy.

BSP achieved a milestone recently when it became the first bank to open for Sunday Banking and also extend its Saturday banking hours to 7pm. The change was implemented for Damodar City branch only with a view of gauging customer reaction.

BSP is returning to Fiji's largest retail shopping event, Fiji Showcase 2014 with easy and convenient banking services.

BSP has joined the effort to improve Fiji's national water sanitation and hygiene situation. 

 

A Memorandum of Understanding has been signed with Partners in Community Development Fiji (PCDF) to empower a pilot group of 25 grass root farmers in Nadarivatu.

Fiji-PNG Business Council network growing strong

BSP Green day promotion heads to Shop N Save supermarkets, nationwide.

 BSP is committed to helping Fiji grow with a committment to enhancing our banking network in Fiji.

Term Deposits play an important role in many people's lives, especially those with zero tolerance for placing unnecessary risks on hard earned money. 

Our banking network has extended further to include 28 rural based Post Fiji outlets.

BSP, Fiji's leading bank, achieved a milestone today with the successful launch of its VISA Debit card.  

BSP, Fiji's leading bank has officially implemented a new interest rate for its Fixed Term Deposits to offer higher returns for customers.

BSP branch operations in the Central Division have been closed following a directive from our Executive Management.

BSP, Fiji's leading bank is once again ready to facilitate funds transfers this Valentines' season especially for those who are away from loved ones.

BSP is pleased to announce a growth of over 10% in the value of approved Unsecured Personal Loans (UPL) in December 2013 with more expected in January. This growth in both number of approved customer applications and the value of loan funds released is a positive indication of BSP's confidence in the Fiji market.

Shoppers gave BSP EFTPoS a vote of confidence in December with more than 25% growth in usage compared to the previous month setting a new record for BSP.

This Diwali, all shoppers can rest assured that BSP EFTPoS will be at all major supermarkets nationwide, readily available for customer’s convenience.

BSP launched “Go Green” 2013 today with the theme “Recycle, Reuse Respect”.

In yet another stride towards helping Fiji grow, BSP has introduced an EasyGo Account following an endorsement from the Government of Fiji.

BSP – Fiji’s leading bank has successfully implemented “Salary Alerts” which notifies workers through mobile phone text messages when a salary deposit has been made into their BSP account.

 

BSP, Fiji's leading bank is proud to return as the exclusive provider of banking services at this years' FIJI Showcase event.

BSP Fiji officially began our "Grow with BSP" campaign today

BSP, Fiji's leading bank donated an additional $10,000 to FENC Fiji to support the educational needs of Fiji's underprivileged children.

Today staff at BSP Samabula branch welcomed their customers back following a period of temporary closure for urgent repair works.

BSP's Country Manager, Mr Kevin McCarthy confirms that repair works are well underway at the recently rampaged Samabula branch. This follows a site inspection and a Police clearance received yesterday.

Today BSP's Samabula Branch was broken into by a group of masked men wielding cane knives and other crude weapons.

China UnionPay and the Bank of South Pacific (BSP) today announced the acceptance of UnionPay cards at BSP ATM's in Fiji. This opens the door for card holders with more than 3.1 billion UnionPay cards to be able to withdraw local currency at any BSP ATM nationwide.

If you're a little short on cash after the Christmas & New Year festivities, then there couldn't be a better time to apply for a BSPSchool Fee Loan! BSP is offering this loan facility to fund primary, secondary and tertiary education for you and/ or your loved ones.

A BSP customer got an early Christmas present today when he walked away $50,000 richer! Mr Jone Ravitu of Air Pacific in Nadi was the lucky gentleman that won the Grand Prize of the five-month running, "Switch, Swipe and Win" Promotion.

You can now pay your bills using your mobile phones 24/7 with BSP SMS Banking! Your Pacific bank has come up with yet another innovative solution providing an SMS Billpay service at your convenience.

You can now do your banking online 24/7 with BSP! Your Pacific bank has come up with yet another innovative solution, providing electronic banking at your convenience, with its new product BSP Online Personal Internet Banking.

How many times have you heard someone complain about their boss?  "He's a dictator," or "she's a dragon- lady," or "he doesn't listen to me," or "she's a slave- driver!"

 The South Pacific bank, BSP is doing something about it. This week 50 of its managers from Fiji and the Solomon Islands will participate in a 3- day, intensive MBA Leadership Program.

It has been inspiring to witness the 'Pacific Spirit' flourishing at BSP. In the face of a water crisis with our island neighbours in Tuvalu, BSP Life and Bank staff in Suva quickly mobilised, and generously collected and donated 1,004.50 litres of water in just 24 hours. A cash donation of $784.000 from staff was also collected and deposited into the 'Tuvalu Water Drive' account.

BSP now has an ATM in one of Suva's busiest shopping hubs - at lower Waimanu Rd! There is now a state-of-the-art BSP ATM in the lobby of the upmarket Mid-City Plaza!

BSP is giving away another $10,000 cash this week to 10 lucky customers, after conducting the 2nd draw of its "Switch, Swipe and Win" promotion! The draw was held in conjunction with the launch of the BSP ATM at Broadcasting House, Gladstone Rd, Suva.

BSP is cranking up competition in the banking industry by being the first bank in Fiji to offer large, cash prizes in its "Switch, Swipe and Win" promotion! It's rewarding customers who use BSP electronic-banking channels - also the cheapest means of transacting with banks.

BSP today announced a reduction in the first year fixed interest rates on home loans. The new rates are 5.95% per annum for personal home loans and 6.45%
for investment residential home loans. These rates are effective immediately.

Fixed deposits are contracts binding between the customer and the bank where the customer agrees to invest a volume of money with the bank for an agreed period of time and the bank agrees to provide a return to the customer at an agreed interest rate.

Labasa College students were filled with excitement when they held the Bank South Pacific Torch for the Coca-Cola Games in Labasa yesterday.

BSP is proud to announce the appointment of Mr Cecil Browne as General Manager Retail Bank for Fiji.

Staff and students of Cuvu College will today celebrate the completion of their Water Tank Project in a handing over ceremony at the school.

Staff and students of St Theresa Primary School will today celebrate their new look school in a handing over ceremony at the school.

During the presentation of the BSP branded gear to the Digicel 7s team at the Suva Peninsula Hotel, BSP Country Manager, Mr Kevin McCarthy, announced a reward of $250 to the team each time they did the "hand-made heart" on the Adelaide and Hong Kong leg of the 2010 IRB 7s series.

BSP today announced a donation of $100,000 towards the Hurricane Tomas relief efforts.

The Colonial National Bank adopted its new identity, BSP. The BSP brand is a well known and trusted name in the Pacific and has now will become a major player in Fiji.

BSP today handed over a cheque of $20,000 as the lead sponsor for the National Centre for Small and Micro Enterprises Small Business Expo 2010.

BSP, Digicel and the Fiji Rugby Union have today announced a co-sponsorship agreement for the Digicel Fiji Rugby 7s team.

BSP Lauches Community Programs

Kevin McCarthy has been appointed Bank South Pacific Country Head for Fiji.

BSP, the new owners of the Colonial Group, stepped forward to assist Sujit Kumar with his trip to the UK for evaluation and treatment.

Colonial Fiji enters an exciting era having recently been acquired by Bank South Pacific (BSP), a major banking group in the South Pacific. 

Since storming into the Fiji market in November 2009, BSP committed $400,000 for community projects by bank branches around the country.