General Notice - Interest Rates 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 change to the interest rates of our Tier 2 Term Deposits:-
|
|
Tier 2 Existing |
Tier 2 New |
|
Amounts |
500,001 – 1,500,000 |
500,001 – 1,500,000 |
|
30 days |
1.05% |
1.80% |
|
90 days |
1.50% |
2.40% |
|
6 month |
1.80% |
2.80% |
|
9 month |
2.10% |
3.00% |
|
12 month |
2.30% |
3.20% |
Note:
|
||
All interest rates on Tier 1 and Tier 3 Term Deposits remain unchanged:
- Tier 1 5,000 – 500,000
- Tier 2 500,001 – 1,500,000
- Tier 3 >1,500,000
For further details please refer to BSP Term Deposit Rates.
All changes will be effective as of 01 November 2022
Please note the above table provides an overview of the product 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.
If you have any questions please do not hesitate to contact our customer service team on (682) 22014 or email us at BSPCookIslands@bsp.com.pg.