PIDB: Members of the Pacific Islands Development Bank and representatives from the Republic of the Marshall Islands were joined by Gov. Lou Leon Guerrero to commemorate a $1.3 million contribution to the bank from the Micronesian nation, Dec. 9, 2022, at the Hilton Guam Resort and Spa in Tumon. David Sholing/The Guam Daily Post

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 of $1.3 million for loan programs. The loan programs benefit eligible Marshall Island citizens in-country as well as those living in other PIDB shareholder member jurisdictions throughout the north Pacific region.

Kedi and Wase are both on the board of governors of PIDB.

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