News & Announcements

As part of being a responsible financial institution, BSP Cook Islands regularly reviews all products and services in-line with the market and changing economic conditions. A recent review of interest rates on all products has been finalised, please find below an overview of the changes.

BSP Financial Group Ltd (BSP), the leading financial institution in the South Pacific, is proud to be the Anchor Partner for the Commonwealth Business Forum (CBF) at the Commonwealth Heads of Government Meeting (CHOGM) that will be hosted in Apia, Samoa in October, 2024.

Inflation is stable but remains elevated and on a slightly upward trajectory across our Pacific Markets.

BSP Group Chief Executive Officer (GCEO) Mr. Mark T. Robinson met with the Prime Minister, Hon. Mark Brown, Government officials, investors, and business and community leaders last week, acknowledging Cook Island’s integral role in BSP being the leading Pacific bank.

BSP’s strong business performance across the Group was maintained in the third quarter of 2023, with year-to-date operating profit of K1.24b, compared to K1.20b for the same period in 2022.

Pursuant to the Cook Islands Unclaimed Moneys 1970 Act below listing of customers with monies deemed as unclaimed. Clients have until the 30 November 2023. To make a claim otherwise they will be allocated to the Ministry of Finance and Economic Management (MFEM).

As part of our annual process, BSP Financial Group Ltd (BSP Cook Is) is obliged to all customers who have earned credit interest throughout the year.

Get excited this Christmas with a BSP Personal Loan.

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.

The Giving Tree is an amazing initiative that encompasses the gift of giving for all our Cook Island children in need.

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.

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.

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.

As part of being a responsible financial institution, BSP Cook Islands regularly reviews all products and services.

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.

As the end of the Economic Response Plan (ERP) Phase III is fast approaching consideration of your loan repayment will become a priority.

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.

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.

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 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.

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.

Bank South Pacific wishes to advise its customers that Friday 19th April and Monday 22nd April 2019 have been gazetted as Easter Public Holidays.

Bank South Pacific (BSP) is planning a scheduled system maintenance on Sunday 23rd September, 2018.

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.

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.

Cook Islands satellite provider, Bluesky Cook Islands, has announced a satellite antenna outage on its capital in Avarua.

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.

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.

Bank South Pacific (BSP) is warning the general public and customers to beware of scams via text messages, emails, phone calls and letters.