Established in July 1989, Pacific Islands Development Bank (PIDB) is a regional development finance institution whose mission and purpose is to help accelerate economic and social development of its member islands and countries. Current members and shareholders of the Bank include the governments of the Commonwealth of the Northern Mariana Islands, Island of Guam, Republic of the Marshall Islands, Republic of Palau, and the FSM States of Chuuk, Kosrae, Pohnpei, and Yap. The bank was created in response to a long-standing desire on the part of these small island nations for a financial/lending institution that focuses on the pressing needs and the challenges of the region.

If you are seeking financing to establish a new business or expand an existing one, build your dream home or renovate your existing home, finance your child’s education or purchase a computer or a vehicle, we welcome you to explore our various loan products and programs. If you are college student, you may apply for a scholarship, or your parents may apply for a student loan.

PIDB helps foster sustainable economic and social development in its member countries through its lending program and operation, technical assistance, business advices and counseling, scholarship and internship program, and collaboration with regional governments and development partners. 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, manufacturing, and the service industry.

We hope that you will find our Web site useful as you inquire about PIDB and in facilitating your access to the products and programs we currently offer. Enjoy!

Aren Palik
President & CEO