In November 2014, BSP Finance (BSPF) opened its first Branch in Suva, Fiji. BSPF has two branches in Fiji since; in Suva (junction of Rewa Street and Ratu Mara Road, Samabula) and Nadi (Level 1, Airport Central Building, Namaka).
BSPF is a specialist asset finance company established to meet the needs of customers seeking finance for plant, machinery, equipment and vehicles.
BSPF provides finance leasing and commercial loans for its lending customers and term deposits for its investments customers.
In essence, BSPF does not offer full banking services, but compliments BSP by offering financing alternatives outside the traditional guidelines for commercial banks.
BSPF continuously strives to offer competitive interest rates, fast approvals and fast turn-around times which is essential and critical to clients' needs.
The BSP Group is reinforcing its strength as a major player in the banking and finance industry in the South Pacific region. The formation of BSPF stems from the need to develop a strong, portable, asset finance capability within the Group.
The Board of BSP and Management are confident that BSPF is a step in the right direction. This strategic move allows for a broader spectrum of clients to enjoy the services from the BSP Group.