BSP takes over operations

THE SALE of Westpac’s operations in three Pacific countries have concluded, with Bank of South Pacific chairman Kostas Constantinou announcing the purchase of the Westpac assets in Samoa, Tonga and Cook Islands for $A91 million.

BSP takes over operations BSP takes over operations BSP takes over operations BSP takes over operations BSP takes over operations

Although subject to approval by the Bank of Papua New Guinea and the regulators in each of the respective countries, BSP reports that all necessary approvals have been received.

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