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Results for Tonga banks

Saturday 7 August 2021

Nuku'alofa, Tonga
Bank of South Pacific Tonga Limited (BSP) will reduce interest rates across a number of lending and deposit products, effective 6 September 2021. New rates will apply for Unsecured Personal Loans - now 13% (reduction of 5.50%), Secured Personal Loan – now 12.3% (reduction of 1.70%). Rate changes will also apply across some Demand Deposit and Term Deposit accounts – as follows:
Friday 13 November 2015

Nuku'alofa, Tonga
A team of Australian business consultants supported by the Australian Government is helping small to medium enterprises in the Pacific to raise finance to take their businesses forward.
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Tuesday 10 November 2015

Nuku'alofa, Tonga
The implementation of the government’s controversial 1% Foreign Exchange Levy has been deferred again for a “few weeks”, stated the Minister of Finance, Hon. ‘Aisake Eke in a letter, dated 6 November, circulated to general managers of financial institutions in Nuku’alofa.
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Wednesday 28 October 2015

Nuku'alofa, Tonga
Tonga’s new Foreign Exchange Levy Act 2015 that came into force on Wednesday last week has disrupted the movement of foreign exchange in and out of the country, as bankers do not know how to apply it.
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Wednesday 23 December 2009
Nuku'alofa, Tonga
As an economic slowdown continues, the National Reserve Bank of Tonga has offered SDR relief for commercial banks, to encourage them to reduce interest rates for customers.
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