EXCELLENCE IN SERVICE.
WELCOME
The Pacific Islands Development Bank was charted on July 5, 1989 and just celebrated its 30th year of service to the Western Pacific region! The bank was established as a regional development financial institution with the goal of aiding in the economic and social development of the Pacific nations. Our members are our shareholders and consists of the governments of the Territory of Guam, the Commonwealth of the Northern Mariana Islands, the four state governments of the Federated States of Micronesia, namely Chuuk State, Kosrae State, Pohnpei State, and Yap State, the Republic of the Marshall Islands, the Republic of Palau, and the Kwajalein Atoll Development Authority as an associate member.
The bank has been and continues to be a catalyst for various credit needs and community programs that fit the diverse demands of our peoples. Let us know how we can help with you with a consumer, real estate, or commercial loan.
We welcome you to our website and hope that in a few clicks, you will be able to see the value in the Pacific Islands Development Bank.
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Commercial Direct Loans
Lending has been the principal tool used by the Bank in support of the members´ economic development, and it continues to be the Bank´s main activity. You may apply for a commercial direct loan to start up a new business or expand your existing business. Following are the specific general information about our commercial direct loans.
Residential Home Loans
As part of the Bank’s support to its member countries, one of its products is residential home loans. Its objective is to contribute to improved standard of living and quality of life of citizens of member countries through direct financing of residential homes including purchase of existing properties. Following are the specific general information about our residential home loans.
Consumer Loans
As part of the Bank’s support to its member countries, one of its products is consumer loans. Its objective is to contribute to improved standard of living and quality of life of citizens of member countries through direct financing of a wide range of secured and unsecured loans to consumers for personal, family and household purposes. Following are the specific general information about our consumer loans.
News & Events
PIDB Welcomes Jamie Aingimea
We are delighted to share some exciting news: as of December 2, 2024, our esteemed Loan Officer Jamie Aingimea has been promoted to the position of Senior Loan Officer. In this role, Jamie will take on the vital responsibility of supervising the Loan Team, guiding them towards success and excellence in our lending operations. Jamie […]
PIDB Welcomes Danson Piyelit
We are excited to announce the latest addition to our PIDB team, Danson Piyelit, who will take on the role of Loan Service Specialist starting December 16, 2024. Danson previously served as a Case Worker/Project Assistant at the Micronesia Resource Center. In this role, he facilitated workshops designed to improve work readiness and resume development, [...]
PIDB welcomes Cassandra Falmeyog
We are thrilled to welcome Cassandra Falmeyog as the newest member of our team! Joining us on December 2, 2024, Cassandra steps into the role of Loan Service Specialist, bringing with her an impressive array of skills and experiences that will greatly enhance our efforts at PIDB. Cassandra’s professional journey is marked by her diverse […]