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FSM Development Bank - FSMDB


Location : FSM Development Bank, Post Office Box M, Pohnpei, FM 96941
Call : +691.320.2840
Email : info@fsmdb.fm

Federated States of Micronesia in 1979. Its operation began on October 1, 1980, but lending did not start until 1982. In 1994, the enabling law that created the bank was amended to reorganize the structure of the bank to reflect that of a normal corporation with shareholders. The bank’s current shareholders are the FSM National, Chuuk State and Kosrae State governments.

The primary purpose of the bank is to provide financial products for the economic development of the FSM. The bank has its headquarters located in the State of Pohnpei, the Nation’s Capital, with branch offices in Yap, Chuuk and Kosrae.

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