News

Vacancy Announcement
Position: President and Chief Executive Officer

[January 9, 2022]

The National Development Bank of Palau (NDBP) is entertaining applications from motivated individuals interested in working in the challenging position of President/Chief Executive Officer. The position involves managing the business of the National Development Bank of Palau as directed by the Board of Directors to assure that the Bank’s assets are employed for the maximum return within applicable regulations and/or policies and procedures.

Position Description: For a detailed job description, including duties and responsibilities and minimum qualification requirements, please email [email protected].

Deadline for Application:: February 28, 2023. The National Development of Palau reserves the right to extend or withdraw this announcement at its own discretion.

 

National Development Bank of Palau has implemented a Grievance Redress Mechanism (GRM)

[July 26, 2021]

As part of the Disaster Resilience Clean Energy Financing (DRCEF) Solar Home Loan program, National Development Bank of Palau has implemented a Grievance Redress Mechanism (GRM). Attached below.

If you require any further information please contact NDBP at [email protected] or call 587-6327 or visit our Ngetkib office.

 

RFP 02-2021 Solar Home Systems

[July 26, 2021]

National Development Bank of Palau is soliciting proposals from qualified manufacturers and system integrators for the supply of approximately 800 units of 1.7kW Solar Home Systems.

Submission Deadline for Proposals:

All proposals should be received by 3 pm on Friday 27 August, 2021.

Proposals received after the submission deadline will be rejected. The receipt of proposals will be acknowledged electronically by email.

Considering the current pandemic restrictions, a full set of documents for proposal should be uploaded via dropbox where postal submission is not possible. The link details can be requested by email to: Ms. Kekereldil Ulechong | Email: [email protected]

A copy of RFP is available on the NDBP website: www.ndbp.com or can be obtained by emailing: [email protected]

NDBP reserves the right to extend the closing date. NDBP also reserves the right to cancel or amend this notice and the RFP in any manner.

 

RFP 01-2021 Solar Home Systems

[April 9, 2021]

National Development Bank of Palau is soliciting proposals from qualified manufacturers and system integrators for the supply of approximately 800 units of 1.7kW Solar Home Systems.

Submission Deadline for Proposals:

All proposals should be received by 5pm on Friday 14 May, 2021.

Proposals received after the submission deadline will be rejected. The receipt of proposals will be acknowledged electronically by email.

Considering the current pandemic restrictions, a full set of documents for proposal should be uploaded via dropbox where postal submission is not possible. The link details can be requested by email to: Ms. Kekereldil Ulechong | Email: [email protected]

A copy of RFP is available on the NDBP website: www.ndbp.com or can be obtained by emailing: [email protected]

NDBP reserves the right to extend the closing date. NDBP also reserves the right to cancel or amend this notice and the RFP in any manner.

Energy Efficiency Subsidy Program (EESP)

The National Development Bank of Palau offers a subsidy to new home owners who install energy efficiency measures....

Learn more about this program

Housing Loan

We finance house construction, purchase (including land), extensions & renovations. First time homeowners only pay 8% interest rate...

Learn more

Business Loan

If you are interested on our Busines Loan, a checklist of documents are required for an application to be considered complete.

Learn more

How to Apply

If you are interested in the NDBP loan program, a checklist of general requirements for loans and forms may be downloaded from our website.

Apply Now!

Rates

  • 6% - Microfinance, Pre-development and Agriculture Loans
  • 8% - Small business, First Time Homeowner and Fishing Loans
  • 10% - Housing and Business Loans

Contact Us

National Development Bank of Palau, P.O. Box 816, Koror, Palau 96940
Phone: (680) 587-2578
Fax: (680) 587-2579