Minister of Finance Elbuchel Sadang signed the loan agreement with the government of Taiwan on March 30th for the $5 million-dollar soft loan targeted at women and youth for entrepreneurship finance. President Remengesau Jr. expressed Palau’s appreciation to Taiwan saying that it was “a timely” support. Olbiil Era Kelulau had recently given its approval to […]
Tag: National Development Bank
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NDBP to assist housing customers and business affected by COVID-19
National Development Bank of Palau (NDBP) yesterday, announced plans to provide financial relief to its current business and housing customers who affected by the economic consequences of the coronavirus COVID-19 pandemic. In its press release, NDBP said that depending on each customer’s individual circumstances, the bank could help by offering interest-only payments, loan term extension, […]