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A cash donation from the AID Bank to the Christian Union Primary School contributed to...

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In December 2016, AID Bank left an indelible impression on some of the pupils at...

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In the spirit of the Christmas Season, the staff of the Dominica Agricultural Industrial...

  • AID Bank Annual Report 2015-2016

    AID Bank plays a developmental role which is not comparable to that of commercial banks. It is expected that we serve as a vehicle to promote the economic prosperity of the citizenry and therefore, our lending decisions are not solely based on profitability but also embraces the social and economic developmental potential of projects.

  • AID Bank Annual Report 2014-2015

    For the year in review, the global economic environment was characterized by modest growth in advanced economies and a slowdown in emerging economies. The year 2015 brought with it, its own challenges and opportunities. Despite the challenging external environment the bank’s performance was satisfactory.

  • AID Bank Annual Report 2013-2014
    The Dominican economy faces a more complex and challenging global environment than before the global financial crisis, when external conditions were generally more favorable for economic growth. The Bank is affected by a sustained period of low growth, high credit risk resulting in increased levels of delinquency and modest growth. Notwithstanding the adverse impact the bank has already effected changes that will improve its overall performance.
     
  • AID Bank Annual Report 2012-2013
    The AID Bank as a key growth institution has a major role to play in the countrys economic expansion and development agenda, and as such a strategy to create the enabling environment for investment in the Information Technology (IT) sector is being developed with the support of the Government and the Invest Dominica Authority.
     
  • AID Bank Annual Report 2011-2012
    The year in review was also the third of the AID Bank five year strategic plan for the period 2009 to 2014 and in the face of continued uncertainty in the global environment the AID Bank continues to make a solid contribution to private sector growth and to roll out new elements of its strategy.
     
  • AID Bank Annual Report 2010-2011
    During the financial year under review the AID Bank continued to execute its medium term Strategic and Operational Plan (2009-2014) guided by policies and programmes aimed at fostering growth and developmentin the Commonwealth of Dominica through increased lending to the economic and social sectors of the economy.
     
  • AID Bank Annual Report 2009-2010
    Loan Approvals for the year totalled $41.9 million, the highest ever recorded in the 39-year history of the institution.  This level of approvals was three times that recorded for the preceding financial year ended June 30, 2009; two times the average level approved for the past ten [10] years and greater than the budget for the year by 18.0 per cent.
     
  • AID Bank Annual Report 2008-2009
    Net profit of $1.22million increased by 48.70% over that attained in 2008. In addition, the return on assets was 0.93%. Non-performing loans were reduced to 18.66% of total outstanding principal.
     
  • AID Bank Annual Report 2007-2008
    In presenting the Chairman's report to shareholders and other interested parties last year on the Bank's performance for the 2006/07 fiscal period, I referred to some major challenges which helped to determine or shape the financial and economic landscape internationally, regionally, and even at the domestic level.
     
  • AID Bank Annual Report 2006-2007
    After accounting for impairment losses on loans and advances, and having to sustain a foreign exchange loss of $0.53mn, the bank recorded a net  profit  of $1.003mn, an increase of 18.84% over the previous year. 
     
  • AID Bank Annual Report 2005-2006
    Profit from operations increased by 7.86 percent over the last period to reach $2.44 mn. However, after accounting for impairment losses on loans and advances and foreign exchange adjustment, the result depicted a net profit of $0.84 mn.
     
  • AID Bank Annual Report 2003-2004
    Under the European Union (EU) Enterprise Development Fund, the Bank approved technical assistance grant funds for 140 customers amounting to $2.59 mn, while disbursements totaled $1.85 mn.
     
  • AID Bank Annual Report 2002-2003
    For the financial year ended June 2003, the total assets of the Bank increased from $119.8mn to $120.1mn and shareholders equity declined by 7.5 percent from $28.1mn to $25.96mn due to a reduction in retained earnings.