About Us / Media Centre / News & Announcements / BSP Cook Islands announces Loan Interest Rate Review

BSP Cook Islands announces Loan Interest Rate Review

Friday, February 11, 2022

General Notice – Interest Rate Review

Dear Valued Customer,

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:

BSP Retail Lending


Interest Type

Current Interest Rate

New Interest Rate

Effective Date

BSP Home Loan


7.50% p.a.

7.25% p.a.

1 March 2022

BSP Personal Property Investment Loan


8.50% p.a.

8.25% p.a.

1 March 2022


  • BSP will write to all existing eligible Home Loan and Personal Property Investment Loan customers with the change to happen automatically

The above table provides an overview of the products only. Other fees, terms and conditions may apply and all interest rates quoted are subject to change.

Further information is available in BSP Online Banking in the individual product tabs, or provided at your local BSP branch.