Kolonia, Pohnpei: February 29, 2024 – The Chief Executive Officer of the FSM Development Bank, Ms. Anna Mendiola, recently paid a courtesy call on Governor Stevenson A. Joseph to foster closer ties and discuss opportunities for collaboration between the FSM Development Bank and state-owned lending institutions.

Governor Joseph extended a warm welcome to CEO Mendiola, expressing his commitment to furthering cooperation between the FSM Development Bank and key state entities, such as the Pohnpei Housing Authority and the Small Business Finance Guarantee Corporation.

Both parties emphasized the importance of aligning strategies to better serve the needs of the community, particularly in areas related to housing development and small business financing. The discussions highlighted the potential for joint initiatives that could have a positive impact on the economic landscape of the region.

CEO Mendiola expressed her gratitude for the opportunity to meet with Governor Joseph, acknowledging the pivotal role that collaborative efforts can play in advancing the socio-economic development of the region.

The courtesy call between CEO Anna Mendiola and Governor Stevenson A. Joseph marks a significant step towards strengthening partnerships that are crucial for the continued growth and prosperity of the Pohnpei State and the Federated States of Micronesia.


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