News & Announcements

BSP Financial Group Limited (BSP) Chairman, Robert Bradshaw was bestowed the chiefly title of Poluveletele, in honor of his service and dedication to the village of Tufulele.

BSP Financial Group Limited (BSP), the international Bank of the South Pacific, delivered a keynote address at Day one of the Commonwealth Business Forum’s first plenary. As the Anchor Partner BSP emphasised its commitment to championing prosperity across the South Pacific region through improved financial accessibility.

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.

BSP Samoa is proud to announce its sponsorship of the 3rd Annual Mataniufeagaimaleata Sapapalii International 7s tournament, which is set to take place from August 22 to August 24, 2024, at Sapapalii, Savaii. This marks the second consecutive year that BSP has sponsored the event.

BSP Financial Group Ltd (BSP), the Pacific’s leading financial institution, is pleased to be the sponsor of the 27th Commonwealth Heads of Government Meeting (CHOGM), which will be hosted by Samoa in October 2024.

BSP is proud to announce its Sai Sauo'o sponsorship of $15,000 to the 2024 Miss Samoa Pageant.

On Saturday 1st June 2024, the Sunday schools of the EFKS Church in Faleapuna and the Worship Center in Faleasiu uta were excited to receive over 100 bicycles. "Children can use these bikes to commute within their villages, travel from home to church, or perform family errands." said Jennifer Fruean, Country Manager of BSP Samoa.

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

Committed to developing grassroots rugby, BSP came on board again this year to support the Schools National Rugby 15 Championships with a sponsorship worth $30,000.

In a heart warming display of appreciation for Samoan hospitality, the BSP Financial Group Board’s visit to Samoa resonated with their deep-rooted commitment to fostering sustainable growth, nurturing invaluable partnerships and uplifting local communities.

BSP in partnership with Australia Business Volunteers (ABV), are proud to announce the launch of its Micro Small Medium Enterprise (MSME) Development Program here in Samoa.

In promoting accountability, transparency, and inclusivity for women, BSP (Samoa) Ltd was pleased to announce its support of $15,000 to the Pacific Association of Supreme Audit Institutions (PASAI) to host the PASAI Women Symposium.

In extending a helping hand to families grappling with financial adversity in Samoa, Bank South Pacific Samoa Limited, has announced its annual scholarship support to 72 Primary and Secondary school students.

BSP Samoa and MoneyGram concludes the Three- Months Lucky Draw Promotion with an overwhelming support and contribution from customers.

BSP Samoa continues to strengthen its presence and relationship in communities when opening its new Papa Puleia sub branch in Savaii on Friday December 22nd, 2023.

Over 200 volunteers joined forces with BSP last Saturday 18th November, 2023, to ‘green up’ Apia during BSP’s 8th Annual Go Green Cleanup campaign.

In a momentous occasion for both the BSP Financial Group Limited and the Samoan community, the Group CEO, Mr Mark Robinson embarked on his first visit to Samoa. The BSP Financial Group Ltd CEO travelled to Samoa to attend the BSP board meeting which was held at Taumeasina Island Resort on Thursday 2nd November 2023.

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.

BSP Samoa continues to commit to the younger generations when backing the 2023 Zone B Secondary Schools Year 12 Impromptu Speech Competition with a sponsorship $2,000 in cash and $500 worth of merchandise.

BSP Samoa has reaffirmed its commitment to fostering growth and development through sports in the country by sponsoring the Samoa Netball Cup tournament. The sponsorship, totaling $10,000 in cash, represents not only BSP's financial contribution but also their belief in the potential of sports to inspire and uplift communities. BSP’s Country Manager Jennifer Fruean highlighted their dedication, stating, "We firmly believe in the transformative power of sports, and our commitment to supporting initiatives for development is at the core of our values as a company.”

In continuing to empowering young Samoan women, promoting culture, and fostering talent, BSP has reaffirmed its support for the Miss Samoa Pageant 2023 with ST$5,000 for the event.

BSP continues its involvement in bolstering sport in Samoa by sponsoring the popular Mataniufeagaimaleata Rugby Sevens tournament to the tune of $10,000.

In fostering community partnerships and nurturing young talents, BSP Samoa continues to invest in sports at all levels when announcing its support of  $10,000 with merchandise worth $2,600 to the Samoa Touch Rugby Incorporated for the National Elite Touch (NET) Tournament scheduled for 4th- 5th of August, 2023.

BSP Financial Group Limited has significantly grown its operation in Samoa, contributing $46.2 million in taxes to the Government of Samoa in the past 8 years alone since 2015.

In empowering students in Samoa with enhanced educational technology, BSP has successfully delivered a significant community project valued at ST$35,315 to Solosolo Primary School on Wednesday 12th July 2023.

Bank South Pacific (BSP) will continue to support sports development especially among youths in Samoa, injecting an additional $18,000 sponsorship to the BSP Schools National 7s Championship.

BSP is pleased to support the work of six outstanding young women in ICT through scholarships this year.

The BSP National Schools 15s Rugby Championship has concluded on a high note with Leulumoega Fou College, Leififi College, Palauli i Sisifo College, and Church College Pesega emerging as champions in their respective divisions.

The Samoa School Rugby National 15s and 7s Championship 2023 received a boost of ST$10,000 from Bank of South Pacific (BSP) to host the Titles.

Children of EFKS churches in Fogapoa and Lefagaoalii in Safune Savaii are now able to commute within their villages, to church and run family errands at ease, thanks to BSP Samoa, an initiative driven by former Director of BSP, Geoff Robb.

BSP continues to provide convenient banking options to customers by increasing its growing number of electronic banking channels in Samoa.

BSP Samoa and MoneyGram wrapped up the Christmas Luckydraw promotion with the presentation of cash prizes to its final 20 winners for the month of January with a draw on Thursday 16th February 2023.

Bank South Pacific on Thursday 08 February unveiled the recipients of the BSP School Scholarship for 2023 – a vital program that gives performing students the helping hand they deserve to gain a rich education.

BSP remains committed to the communities it operates in and has demonstrated this through the donation of educational resources, valued at $20,000.00 to Samatau Pre-School for the development of its Early Childhood Education.

Bank South Pacific Limited Samoa (BSP) has relocated its Salelologa branch to the newly opened SNPF building at Salelologa, Savaii.

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.

Students of Vailele Primary school will now enjoy their own library when they return to school this year, thanks to Bank South Pacific.

BSP Samoa has come on board as a Gold Sponsor to support the Samoa Touch National Elite Touch Champion 2021. The sponsorship includes cash of $6,000.00 with merchandise valued over $1,000.00 and was presented to members of the Samoa Touch Rugby Association on Friday 12th November 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.

BSP Financial Group Limited is a supporter of community events and is happy to support the Pualele Outrigger Canoe Club paddle 180km around Upolu – a challenge that started on Thursday 24th June and ends on Saturday 26th June, 2021.

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.

IMPORTANT MANDATORY REQUIREMENT

TO THE SHAREHOLDERS OF BANK SOUTH PACIFIC (SAMOA) LIMITED NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders of Bank of South Paci­fic (Samoa) Limited will be held via a virtual platform at 1pm (Samoan Time) on Friday 29th May, 2020.

BSP wishes to advise our valued customers of our trading hours for the Easter weekend.

Bank South Pacific (BSP) is monitoring the evolving nature of COVID-19 and is arranging relief packages to assist customers during this period.

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.

Bank South Pacific donated two five thousand litre water tanks for two church communities at Aleisa West and Saleimoa Uta late December, closing off their community projects for 2019. The community project is an initiative that is done across the Region in all the countries that BSP trade in. For the year 2019, the focus was revisiting previous projects to assess any required maintenance or additional water tanks.

In a testament to Bank South Pacific's commitment to providing convenient banking 'everywhere', the bank is excited to announce the addition of two new ATMs to its growing number of electronic banking channels in Samoa.

BSP wishes to advise our valued customers that all BSP branches will be CLOSED,

Bank South Pacific (BSP) in collaboration with the Samoa Chamber of Commerce has donated cash and in-kind supplies worth more than $60,000 to the Government of Samoa.

BSP Visa Debit card users in Samoa will now be 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.

BSP would like to advise all our customers that we will be performing a significant system upgrade on:

Bank South Pacific is proud to announce the first winners of the Swipe and Win Promotion that was launched early April.

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) has reaffirmed their support as the Naming Sponsors for the Southern Tornadoes rugby franchise, with a sponsorship deal valued at $30,000; of cash and in-kind donations.

Bank South Pacific (BSP) Samoa is warning its customers and the general public to beware of scam emails

BSP Samoa staff showed their support for the International Women's Day on the 8th of March by signifying the event with a purple theme. As one of the biggest employers in the Pacific, BSP has over 1,500 women working in every facet of the business. 65% of BSP Samoa employees are women and BSP takes pride in the fact that women get the same opportunities as men.