
Institution Contact Details |
|
| Name of Institution |
Bank of Marshall Islands |
| Postal Address |
PO Box J RRE Compound St Majuro, MH 96960 |
| Country |
Marshall Islands |
| Telephone |
(692) 625 -3636 |
| Fax |
(692) 625 - 3661 |
|
Website Address |
|
|
Skype |
|
|
Contact Person |
Patrick Chen |
|
Position |
CEO/President |
|
|
|
Current Legal Status of the Institution |
Commercially Licensed Bank in the Republic of the Marshall Islands
|
|
Objectives |
Commitment to extend micro credit to unemployed citizens
|
|
Brief History |
Recently started last year in September 2006
|
|
Ownership
|
Marshall Islands Social Security & Marshall Islands Development Bank
|
|
Operations related to |
3 village banks and mobile bank services through the government's outer island ship field trips
|
|
Main Funding Sources |
ROC Taiean ICDF
|
|
Main Challenges |
Distributing microcredit to outer islands
|
|
Other Networks |
Not Applicable |