List of Active Banks in the Republic of Palau
Bank Name Home Country Date of Charter License Status
Asia Pacific Commercial Bank Palau 11/02/1999 Active
Bank of Guam Guam 03/13/1984 Active
Bank of Hawaii Hawaii 09/18/1961 Active
Bank Pacific, Ltd. Guam 07/11/1995 Active

Palau Investment Bank, Inc.
(formerly Palau Construction Bank)

 

name change effective 10/1/2017

 

New Bank License issued under new name (PIB, Inc.) 9/12/18

Palau 05/16/1995 Active

 

List of Closed Banks - Voluntary Closure, License Revoked, Invalidated
Bank Name Home Country License Status
First Federal Banking Corp. Nauru

License Revoked

September 26, 2003
Melekeok Government Bank Palau

License Invalidated

December 17, 2002
Palau Central Bank, Inc. Palau

License Invalidated

December 13, 2002
Sunra Int'l Bank & Trust Palau

License Revoked

January 06, 2005
Pacific Savings Bank, Ltd. Palau

License Revoked

November 06, 2006
First Fidelity Bank, Inc. Palau

Voluntary Closure

November 23, 2011
First Commercial Bank Taiwan

Voluntary Closure

August 31, 2012

 

List of Denied Bank License Application
Applicant Date of Denial
Allied Boston Bank, Inc. September 30, 2002
GT Dollar Bank March 20, 2017
Quatum Asset Management, PTE Ltd.

(Bank License Application – Whole bank purchase of Asia Pacific Commercial Bank)
January 12, 2018
World Remit Bank, Ltd March 1, 2018

 

List of Bank License Applications Currently Under Review
Applicant Deadline for Bank License Decision
   

 

Updated: September 2018

 

Download PDF copy of Central Registry.