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
Improved banking access for remote Telefomin District
BSP Waterfront Branch reopens, offering better ways to bank
BSP Proud Anchor Partner of 2024 Commonwealth Business Forum Samoa
BSP supports Goroka Show
BSP Executive Management Team changes
BSP supports annual Enga Cultural Show
BSP supports Sepik river and crocodile arts festival
Rising commodity prices highlight agricultural sector potential
Record FX inflows stabilise outstanding FX orders in Q2
Digital alternatives adopted as private sector cheques phase out
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