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Results for Bank South Pacific Tonga Ltd

Thursday 3 March 2022

Nuku'alofa, Tonga
Bank of South Pacific Tonga Limited today announced a Net Profit After Tax of T$11.85 million for the financial year ending 31 December 2021. The result was driven by the release of Covid-19 provisions, good foreign exchange revenue, and strong transaction volumes. BSP Tonga Country Head, Mrs Marcellina Wolfgramm-Haapai said this result was 20% above the 2020 financial result.