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Tonga Development Bank

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TDB’s support for disadvantaged borrowers wins international recognition

Stephen Taylor, June 2016

The Tonga Development Bank has won international recognition for offering financial services that are supporting small income generating projects among disadvantaged and low-income earners in Tonga. The TDB was awarded a Plaque of Merit, by the Association of Development Financing Institutions in … [Read more...]

Farmers in South Pacific Bet on Beans for Loan Collateral

Stephen Taylor, March 2016

The tiny South Pacific island nation of Tonga has become a trial ground for one of the most expansive credit reforms in the world, as banks allow vanilla farmers to use a new kind of collateral: their crops. Photo/Video: Paolo Bosonin/The Wall Street Journal. View the video report produced by the … [Read more...]

Tonga Development Bank: South Pacific nations try new forms of collateral to boost lending, economies

Stephen Taylor, February 2016

In the islands that dot the South Pacific Ocean, risk-shy banks are weighing unusual forms of collateral to help rev up local economies: vanilla beans, cows and fishing canoes. … [Read more...]

Tonga Development Bank launch new microfinance loan scheme

Stephen Taylor, May 2014

TONGA DEVELOPMENT BANK LAUNCH NEW MICROFINANCE LOAN SCHEME This is a project funded by Asian Development Bank under the Japan Fund for Poverty Reduction (JFPR) Grant Assistance Project 9151: Social Protection of the Vulnerable in the Pacific (Tonga).  Ministry of Finance (MoFin) is the Supervising … [Read more...]

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