Tonga Development Bank
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Tonga Development Bank (TDB) is a
Products and Microlending
Tonga Development Bank supplies
Tonga Development Bank’s Micro Lending Product and facilities are aimed at advancing the development of key
History
TDB and was established on September 1, 1977 under TDB Act 1977 and was incorporated under the Companies Act at the time. TDB was registered again in 2001 under the Companies Act 1995.[2]
Awards
The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) announced Tonga Development Bank as the winner of its two (2) projects under the Category 8: Development Finance-led Poverty Alleviation in May 2010. Tonga Development Bank entered two projects: “New Zealand Borrowers’ Diversification Fund (NZBDF)” and “Micro Lending Product” and they were equally named as winning projects.[1]
This ADFIAP Award 2010 given to Tonga Development Bank recognizes its efforts in successfully advancing economic and social development through innovative financing schemes that benefit poor and disadvantaged groups in the country.[1]
Networks
TDB is a member of the Association of Development Finance Institution in the Pacific (ADFIP), the Association of Development Finance Institution in Asia and the Pacific (ADFIAP),[3] the Association of Banks in Tonga (ABT) and the Microfinance Pasifika Network.[4]
Notes
- ^ a b c d e Tonga Development Bank Website http://www.tdb.to
- ^ ADFIAP members list http://www.adfiap.org/members/TDB/TDB.htm
- ^ "Members List". ADFIAP. Retrieved 8 October 2021.
- ^ "Members". Microfinance Pasifika. Retrieved 8 October 2021.