Business Interest Rates
Effective as of 16th October, 2023
Lending Rates |
||
| Indicator Lending Rate (ILR) | 10.60% pa | |
| Insurance Premium Funding | Competitive rates on application | |
| Leasing | Competitive rates on application | |
| Commercial Property Investment Loan | Competitive rates on application | |
DEPOSIT ACCOUNT |
TIER |
RATE |
|
Kundu Standard Account |
Less than K10,000 | 0.85% |
| K10,000 & above | 1.10% | |
|
Sumatin Account |
Less than K10 | 0.20% pa |
| K10 up to less than K100 | 0.70% pa | |
| K100 up to less than K500 | 0.70% pa | |
| K500 up to less than K1,000 | 0.95% pa | |
| K1,000 & above | 0.95% pa | |
|
Kids Account |
Less than K10 | 1.20% pa |
| K10 up to less than K100 | 1.70% pa | |
| K100 up to less than K500 | 1.70% pa | |
| K500 up to less than K1,000 | 1.95% pa | |
| K1,000 & above | 1.95% pa | |
|
Plus Saver (Mass)
|
Less than K100 | 0.75% pa |
| K100 up to less than K1,000 | 0.75% pa | |
| K1,000 up to less than K5,000 | 0.75% pa | |
| K5,000 up to less than K25,000 | 0.75% pa | |
| K25,000 & above | 1.25% pa | |
|
Plus Saver (SME) |
K0.00 up to less than K50,000 | 0.00% pa |
| K50,000 up to less than K150,000 | 0.10% pa | |
| K150,000 up to less than K200,000 | 0.15% pa | |
| K200,000 & above | 0.25% pa | |
| Business Cheque Account Bearing Interest |
K250,000 & above |
0.30% pa |
| Plus Saver (BSP First) | On All Balances | 1.50% pa |
Bank of South Pacific Limited 1-4815
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Environmental and Social Risk Management Disclosure Statement
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BSP Executive Management Team changes
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