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BSP Financial Group Limited (BSP) is the largest bank in Papua New Guinea, with 121 branches throughout the country and in 7 countries. BSP currently services over 650,000 business banking customers throughout the Pacific. [2] As at 31 December 2022, BSP had total assets valued at K33.9 billion. [3]
It was founded by Koichi Iida, a Honolulu business leader, with assistance from Sumitomo Bank in Japan. Mr. Iida was President from 1954 to 1960. [1] It is the main subsidiary of Central Pacific Financial Corporation (NYSE: CPF). The bank is the fourth-largest financial institution in Hawaii, with $6.6 billion in assets as of December 31, 2020. [2]
First Hawaiian Center is the second tallest building in the U.S. state of Hawaiʻi and the city of Honolulu, the largest city in the state. [2] [3] It is the world corporate headquarters of First Hawaiian Bank, the oldest and largest bank based in Hawaiʻi.
BSP conducted public offerings in 1980 and 1981, resulting in local citizens holding 13% of the bank's shares. Later, the government decided to acquire control of BSP. In 1993, National Investment Holdings Limited (NIHL) first acquired NAB's 87% shareholding, and then the 13% of the shares in the hands of the public, giving it 100% ownership of ...
Nov. 12—Oahu is the nerve center for U.S. military operations in the region and money has flooded in for defense contracts as training operations have ramped up in the islands. But it's not just ...
The bank then changed its name to Bishop First National Bank of Honolulu. In 1933, the bank's name became Bishop National Bank of Hawaii at Honolulu. The bank's name changed yet again in 1956, this time to Bishop National Bank of Hawaii. [5] In 1966, Cooke Trust Company acquired the bank. It was then changed to First Hawaiian Bank in 1969.
Nina Wu, The Honolulu Star-Advertiser. February 21, 2024 at 9:02 AM. ... Pan Pacific said Times will be replaced with Hawaii's first Tokyo Central, an Asian specialty market with a wide variety of ...
On November 3, 1933, the bank’s title was changed to the Bishop National Bank of Hawaii at Honolulu. [25] [24] On April 15, 1960 the title dropped “Honolulu” becoming The First National Bank of Hawaii. [24] Finally, on January 2, 1969 the bank gave up its converted from a national to a state bank with the title The First Bank of Hawaii. [24]