June 16th, 2023 – PIDB President Lindsay M. Timarong and staff, with the tireless assistance of Matt and Jimmy from Dewan Worldwide and Ready H2GO, delivered supplies to various families residing in the community of Zero Down in Ritidian, Yigo.
In the aftermath of typhoon Mawar, many families were left with total destruction of […]
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 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 […]
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 […]
The Pacific Islands Development Bank has some exciting news for eligible citizens of the Republic of the Marshall Islands.
PIDB recently announced that a special delegation representing the Marshall Islands, Kenneth A. Kedi, speaker of the Nitijela, the national parliament, and Brenson Wase, minister of the Ministry of Finance, are on Guam for an official handover […]
2022 October 27 – The Board of Directors for the Pacific Islands Development Bank (PIDB) will hold their first in-person meeting in Saipan, CNMI after three years of conducting Board business through virtual meeting platform. PIDB’s President & CEO holds the role of Chairperson for the Board of Directors and proposed to hold their first […]
2022 September 14 – Honorable Kenneth A. Kedi, Speaker of the Nitijela (Parliament) of the Marshall Islands hasbeen elected to serve as the new Chairman of the Board of Governors of the Pacific Islands Development Bank (PIDB).At the same time, Honorable Lourdes Leon Guerrero, Governor of Guam, was elected as PIDB’sVice Chairwoman, and a member […]
Hagatna, Guam – Pacific Islands Development Bank (PIDB or Bank) is proud to announce and welcome Jamie James Aingimea as the Bank’s Loan Officer.
“We welcome Jamie to our PIDB family. I am confident that he will be a valuable addition to our team,” said PIDB President & CEO Lindsay Timarong. Jamie was born and raised […]
The Board of Governors of the Pacific Islands Development Bank (PIDB or Bank) has selected Ms. Lindsay Motil Timarong to be the next President & Chief Executive Officer for the regional development finance institution. Ms. Timarong is the first woman to hold this prestigious position and by virtue of her seat as President of the […]
Tofol, Kosrae – The Board of Directors of the Pacific Islands Development Bank (PIDB) held its quarterly meeting in Kosrae on January 23, 2019. Board Chairman and President/CEO, Aren Palik, called the meeting to order followed by a welcoming remark given by the newly elected Governor of Kosrae State, the Honorable Carson Sigrah. He was […]
