BSP Sponsors Sapapalii Matāniufeagaimaleata Rugby 7’s Tournament for $10,000


21 August 2023, BSP Samoa | BSP continues its involvement in bolstering sports in Samoa by sponsoring
the popular Matāniufeagaimaleata Sapapalii International Rugby Sevens tournament to the tune of $10,000 tala.

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The tournament is scheduled for August 25 and 26 in Sapapalii Savaii, and is expected to bring a buzz to the Big Island.

This years’ tournament holds special significance as it aligns with the annual anniversary celebration since the arrival of the LMS church to the village of Sapapalii, Savaii.

BSP Samoa recognises the profound impact the tournament has on the local community and its rich tradition of sportsmanship when sponsoring the event and donating merchandise worth $5000 in addition to the cash sponsorship.

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“With the continued efforts of BSP supporting rugby in Samoa, it pledges an ongoing dedication to promoting talent, athleticism and unity among people and communities,” Tunumafono Jennifer Fruean, BSP Samoa Country Manager, said.

“We believe that the synergy between the Mataniufeagaimaleata Rugby Sevens tournament and the centennial anniversary celebration is a testament of the power of collaboration in preserving traditions while embracing the future..

“This sponsorship reflects BSP’s commitment to fostering meaningful connections, creating memorable experiences, and positively influencing the regions where we operate.”

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Ms Fruean added that the partnership with the Matāniufeagaimaleata m Rugby Sevens tournament aligns perfectly with BSP’s core values of people, teamwork, and community engagement.

“We look forward to witnessing the remarkable performances and the spirit of sportsmanship that this event will undoubtedly showcase,” Fruean said.

BSP sponsorship will play a vital role in the smooth running of the tournament said Namulauulu Sami Leota, Chairman of the Tournament and also the President of Lakapi Samoa.

“BSP’s sponsorship is invaluable in ensuring the success of this prestigious tournament; we greatly appreciate BSP’s commitment to supporting the growth and development of rugby in our communities. BSP’s generosity will help us provide an exceptional experience for both participants and spectators alike”.

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“We thank BSP once again for your partnership and support,” added Namulauulu.

The tournament has attracted 24 teams from both Upolu and Savaii including four women’s
teams. The bank’s culture in investing in community activities continues to highlight its values in not just delivering financial service but actively participating with communities at all levels.

About BSP
BSP Financial Group Limited (BSP), formerly the Bank of South Pacific Limited, is a leading retail and corporate banking group.

Headquartered in Papua New Guinea, and founded in 1957, BSP operates in seven Pacific countries. We have the largest branch network in Papua New Guinea, Cook Islands, Fiji, Samoa, Solomon Islands, Tonga, and Vanuatu and employ more than 4000 people across the Pacific. BSP is committed to our corporate and social responsibility programs and is proudly working with communities across the Pacific to change lives for the better.

Our branch network is complemented by a sophisticated electronic banking system that meets the banking needs of customers wherever we operate.
BSP operates across the Pacific as follows:
 Over 110 branches
 More than 300 agents
 550 ATMS and growing
 Upwards of 11,000 EFTPoS machines.

BSP serves our corporate banking customer needs with our leading cash management, treasury, lending, and corporate finance capabilities.
We have unrivalled knowledge, experience, and commitment to the region with teams serving our retail, commercial and corporate customers. The Pacific is our home.

BSP is also listed on two stock exchanges:
The Port Moresby Exchange (PNGX: BSP)
The Australian Securities Exchange (ASX: BFL).

Bank South Pacific Timeline
1957 – Operations commence in Port Moresby as a branch of the National Australia Bank of
1974 – BSP was incorporated as Bank of South Pacific Limited, a wholly owned subsidiary of the Australian parent.

1993 – A consortium of PNG businesses acquired the bank and created the first and only private
owned bank in PNG.
2002 – BSP merged with the state-owned Papua New Guinea Banking Corporation in 2002,
creating the largest bank in PNG by market share.
2003 – BSP launched on the Port Moresby Stock Exchange (now PNGX).
2006 – Acquired Habib Bank in Fiji.
2007 – Acquired National Bank of Solomon Islands
2009 – Acquired Colonial Bank and Colonial Fiji Life Insurance Limited.
2015 and 2016 – Completed acquisition of Westpac’s operations in the Cook Islands, Samoa, Solomon Islands, Tonga, and Vanuatu.
2021 – Listed on the Australian Stock Exchange (ASX) amending the company name to BSP Financial Group Limited. (ASX: BFL).