Welcome!

The Pacific Islands Development Bank (PIDB) was established in July of 1989 to help accelerate economic and social development of member countries. It was created in response to a long-standing desire on the part of these small island nations for a development institution that would focus on the pressing needs and problems of the region.

The bank´s original membership was extended to all the members of the Association of Pacific Islands Legislatures (APIL). To date, seven countries/states have ratified the “Articles of Agreement Establishing the Pacific Islands Development Bank”. They include the Island of Guam, Republic of Palau, the FSM States of Chuuk, Kosrae, Pohnpei, and Yap, and the Commonwealth of the Northern Mariana Islands.

PIDB helps foster sustainable economic and social development in the member countries through its lending program and operation, technical assistance, business advise and counseling, scholarship and internship program, and collaboration with regional governments and organizations. These programs run the gamut from promoting poverty reduction and improving standards of living to providing support for productive economic activities such as agriculture, fisheries, and small business.

We hope that you will find our website useful as you inquire about PIDB and in facilitating your access to the products and services we currently offer.

Aren Palik
President & CEO