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(opens in a new tab)Marshall Islands
(opens in a new tab)Bank of Marshall Island
(opens in a new tab) Back (opens in a new tab)Bank of Marshall Island
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Go to Website (opens in a new tab)About Bank of Marshall Island
The Bank of the Marshall Islands (BOMI) is the only domestic bank in the Republic of the Marshall Islands, providing a range of banking services to a significant portion of the population. BOMI operates multiple branches throughout the islands, including on Kwajalein Atoll. The bank offers various financial products, including personal loans, business loans, and mobile phone loans, aimed at supporting both individual and commercial financial needs. BOMI plays a crucial role in facilitating access to financial services in a dollarized economy, relying on correspondent banking relationships to provide international banking services.
Amount
US$500 - US$2,000
Tenor
24 - 60 months
Min. approval time
24 hrs
Countries
Created on
November 2025
Last updated
November 2025
Requirements
The basic requirements to apply for a loan on Bank of Marshall Island include:
- • Guarantor required
- • business plan
- • business licence
- • Valid ID
- • Financial statement for borrowers and guarantors
How to Apply
To apply for a loan with Bank of Marshall Island, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+692 625 3636
Website
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