The transaction was completed on July 1, 2016.
This follows the purchase of Westpac operations in Cook Islands, Samoa and Tonga in July 2015, Solomon Islands at the end of October 2015.
BSP Group Chief Executive Officer, Robin Fleming, reiterated that this acquisition is aligned to BSPs’ Pacific based expansion strategy, which has been maintained since 2006.
The acquisitions include the Habib Bank in Fiji in 2006, National Bank of Solomon Islands in 2007 and the Colonial Groups of Companies (Banking & Life Businesses) in Fiji in 2009.
