Palau’s NDBP Ends Unsecured Loans, Sparking Backlash Over Land Collateral Requirements

Island Times - Palau

By: L.N. Reklai KOROR, Palau — The National Development Bank of Palau (NDBP) is facing mounting criticism from residents who say the bank’s decision to scale back unsecured lending and chattel mortgage programs has locked ordinary Palauans out of financing, even as bank leadership defends the move as a necessary response to mounting losses. For […]

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Palau’s NDBP Ends Unsecured Loans, Sparking Backlash Over Land Collateral Requirements

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