Pacific Islands Development Bank – 2023 – April

Board of Directors Regular Quarterly Meeting Recently Held in Kosrae

The Board of Directors for the Pacific Islands Development Bank held their quarterly meeting in Kosrae on April 26th, 2023. Speaker Kenneth Kedi, Member of the RMI Nitijela and Chairman of the PIDB Board of Governors was able to join the meeting of the Board of Directors. It has been a customary practice in the […]

April 26th, 2023|News and Events|

MIDB Provides $1 Million to PIDB for Loans to Marshallese Citizens

April 5th, 2023 – The Marshall Islands Development Bank (MIDB) granted a soft loan of $1 Million to PIDB for creation of a loan program to provide business and housing loans to Marshall Islands citizens who reside in PIDB shareholder member jurisdictions outside of the Marshall Islands – namely Guam, the Republic of Palau, the […]

April 5th, 2023|News and Events|

Chuuk State Welcomed Back to PIDB After Board Lifts Suspension

Pacific Islands Development Bank is happy to welcome back Chuuk State representation on both the PIDB Board of Governors and Board of Directors. A special virtual meeting of the Board of Governors was held on Monday, April 3rd, 2023, during which Chuuk State’s status was revisited and a quorum of the members of the PIDB […]

April 3rd, 2023|News and Events|