Latest News

Dec

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

Dec

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

Dec

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

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On Wednesday 6th July 2016, The Agricultural Industrial and Development Bank attended the Isaiah Thomas Secondary School enrolment ceremony at the school’s grounds.

16 new students pledged to conform to the rules of the Dominica Cadet Corps and to be good citizens of the Commonwealth of Dominica. AID Bank sponsored one of the young recruits, Mathy Bernard.

Release Date: 
Jul

Financial Data Systems Limited (FDSL) is a software company set up by five Development Banks in the OECS - including the AID Bank - to develop, maintain and market “DPAC”, a loans management software package, which provides users with a high level of customer service and support.

The AID Bank was voted to chair FDSL, when it met with other current shareholders - namely, St. Kitts Development Bank, Grenada Development Bank, Antigua Development Bank and Bank of St. Lucia, at FDSL’s Annual General Meeting in Jamaica recently.

Release Date: 
Jul

The AID Bank has made a number of contributions towards graduation ceremonies of four educational institutions in various parts of the island, the Business Training Centre College, The Bense Primary School, the Warner Primary School, and the Goodwill Secondary School. These sponsorships were made towards the plaques to be awarded to students or teachers who have earned merit for their performance.

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Jul

The Dominica Agricultural Industrial and Development Bank attended and made presentations at a Workshop hosted by the Division of Agriculture - North East Agricultural Region from 2:00pm on 16th June 2016, at the Calibishie Resource Centre. The purpose for attending this workshop was to sensitize farmers in the region about the importance of record keeping and the bank’s funding opportunities in agriculture.

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Jul

University of the West Indies (UWI) Open Campus will launch its Country Conference under the theme “Food for Thought: Ensuring Sustainability through Food & Nutrition Security and Resilience in the Nature Isle”.

The conference will provide a forum for research, discussion & action on a range of topics that address food and nutrition security and its linkages to sustainable development.

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May

AID Bank is sponsoring the live broadcast of Tourism Youth Congress 2016 which is scheduled for 10:00 am today 5th May 2016 at Alliance Francaise Building. The aim of the congress is to stimulate greater excitement and awareness among young people by allowing them to research and be acquainted with various aspects of the tourism sector and share their ideas and vision on the future direction of tourism.

About eight Secondary schools will be represented by one student each. Students will be given three minutes to express their views on a prepared topic from the following list:

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May

With its latest donation of EC$1,800.00, the Dominica Agricultural Industrial and Development Bank’s contribution to the Dominica 4-H Clubs from 2014 to date totals EC$11, 000.00.

The bank’s donation will contribute to the cash prizes for the top three winning clubs within secondary schools competing at this year’s local dinner plate competition, scheduled for Saturday 23rd April, 2016 at the Dominica Grammar School.

Release Date: 
Apr

The Dominica Agricultural Industrial and Development Bank (DAIDB) as part of its Corporate Social Responsibility launched the Hubert Nicholas Joseph Scholarship for Entrepreneurship at its 23rd Annual General Meeting at the Fort Young Hotel this morning.

Mr.  Hubert Nicholas Joseph (deceased) was a businessman by profession, who was appointed to the AID Bank Board of Directors from March 2002 until his death in August 2015.

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Mar

On 1st February 2016, the AID Bank received an Exemplary Employer Award from the Dominica Social Security (DSS) at its 40th Anniversary Thanks-giving Service which was held at Our Lady of Fatima Catholic Church at Newtown.

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Feb

The AID Bank and the Dominica Youth Business Trust (DYBT) can boast a loans portfolio with an exceptional performing ratio of 93%. This excellent record is thanks to the AID Bank’s due diligence process and a strong training component of the DYBT Model which is compulsory for every applicant in the program. The young entrepreneurs receive critical information to help them manage their resources and make the best decisions for their business. The DYBT maintains a close relationship with the Bank and the young entrepreneurs after they have received funding.

Release Date: 
Jan