Development Bank of Samoa

////Development Bank of Samoa
Development Bank of Samoa2020-05-15T10:53:25+13:00

Board of Directors

  • CEO Ministry of Finance (Chairperson)
  • Emele Meleisea Ainuu
  • Tugaga Tevesi David
  • Peseta Peter Tone
  • Leota Matamua Niko Ngau Chun
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CEO:
Susana Laulu

Purpose

The Bank was established to promote the advancement of the Samoa economy through delivery of credit lending facilities to viable development projects.  The Bank continues to provide focus to achieve their linked Vision and Mission statements as stated below:

Vision and Mission

  • Vision Statement: “To be a sustainable and successful financial institution meeting stakeholders’ expectations”
  • Mission Statement: “We provide affordable credit financing services to support sustainable development in Samoa”

Financial Highlights

Financial Key Performance Indicators201620172018
Revenue (SAT m)9.6410.98.43
Expenditure (SAT m)9.1711.110.8
NPAT (SAT m)-0.820.07-2.10
ROE -0.02%0.18-3.9
Current Ratio1.231.391.40
Cash flow (SAT m)2.896.406.62
Non-Financial KPIs
Loan Approval (Number)3471,466887
Loan Approval (Value, SAT m)27.3013.45.41
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