Fri. Jun 21st, 2019

Bank of Guam’s Kin Cook Travels to Saipan

 November 1, 2018 – Hagatna, Guam.    Bank of Guam’s Interim President and Chief Executive Officer Joaquin P.L.G. Cook will travel to Saipan later this week to meet with Governor Ralph Torres, the staff of the Bank’s Garapan Branch and the Saipan community.

A special donation will be made during the visit.   Mr. Cook will also tour the island to view the extent of the damage to the community, its people, its government and its businesses.

Media is invited to attend the photo opportunity on Friday, November 2, 2018 at 3:30PM at the Garapan Branch.  Refreshments will be served.

Since the passing of Typhoon Yutu, Bank of Guam has contributed $15,000 to Ayuda Foundation to airlift medical supplies for 10,000 patients.  The Bank has also established a “Typhoon Yutu Relief” fund account, initiated loan deferments for CNMI residents and offered its services for coin drives in support of the CNMI community.

For more information, please contact Jackie Marati at (671) 472-5258 or (671) 688-5305. (PR)


ICB Bank and Pangea Foundation to cooperate on a password-based financial services business

June 14, 2019 - Palau ICB Bank will launch new financial services based on the Pangea Foundation and cryptography promote business.

ICB Bank on Thursday, the cryptographic currency foundation Pangea (PAN) and block chain-based cryptography and signed business agreement to promote the financial services business.

ICB Bank uses the Pangea Foundation's password currency 'Pangea' to combine financial services. We plan to jointly promote various Pin Tech businesses.

In particular, ICB Bank is working with Pangea Foundation. ICB Bank promote issuance of visa cards and master cards based on cryptography. The company is releasing debit cards that can be settled as collateral.

If a Visa or Master Card is actually issued, payment will be made in everyday life anywhere in the world. It is becomes possible, consumers can use the Visa/Master Card on-line merchant's Bitcoin, Ethereum.

The bank, a financial institution works with the Cryptographic Fund to provide financial services that can be applied in everyday life. The roll out is expected to be the first in the block chain pin tech industry.

An official from the Pangea Foundation said, "Working with the bank, in the future, global credit card companies and we will expand services to Eurpoe, Latin America and other countries in connection with possible banks." he said.

On the other hand, Cryptography Pangea (PAN) is an ERC20-based token used for remittance and payment. Adds a centralize authentication agreement to decentralized lenders technology for faster transaction rates. Billing platform at the same time. Currently, Indonesia, Vietnam, Uzbekistan, Europe, etc. and the Cryptographic Exchange of eight countries in Southeast Asia and Latin America.

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