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.

“2016 is proving to be a very busy and exciting year for FDSL,” says FDSL Manager, Vernelle Elwin. “The company fully launched its newly redeveloped DPAC loans management software, which was tailored specifically for development finance institutions (DFIs).”

According to Ms. Elwin, the newly developed “DPAC” is now a fully integrated loans management software comprising of the following modules; customer visits management, customer management, loan application management, loan management, collections management, collateral management, reminders administration, letters management as well as a wide range of Accounting functions.” DPAC is currently used by the AID Bank and other financial institutions around Dominica, St. Lucia and Belize.

Plans to continuously upgrade the DPAC software are on-going as FDSL seeks to remain competitive and to keep abreast with the ever changing needs of development finance institutions. FDSL has been in operation since 1st July 1994.

On Wednesday 6^th 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.

The Ceremony was attended by the Commandant of the Dominica Cadet Corps, Colonel David Andrew; Unit Commander, Lieutenant Lynard Henderson; Senator Felix Thomas; Principal of the ITSS, Shirley Samuel, existing Cadet Corps members, parents and various sponsors.

Colonel Andrew congratulated the new recruits and encouraged them to be proud of their choice to become part of the Dominica Cadet Corp. He stated that despite many challenges faced by the programme due to limited resources and personnel, the Dominica Cadet Corps has persevered and continues to succeed with the support of the principal and staff, parents and the entire nation.

Mrs. Samuel encouraged the recruits to let their light shine in various communities so that others may see and emulate their good works, further more encouraging them to become members of the cadet unit themselves. 

The Dominica Cadet Corps originally began as the Dominica Grammar School Cadet Corp which was established in 1910. The organisation slipped in to dormancy in 1978 but was revived by Prime Minister Roosevelt Douglas who was a former cadet Sergeant at the Dominica Grammar School.

The AID bank congratulates Ms. Bernard and her fellow recruits for making a positive decision towards becoming a better person and serving their country.

The Dominica Agricultural Industrial and Development Bank is officially a sponsor of Buy Dominica Month 2016.

This year’s campaign activities are being organized by the collaborative efforts of the Dominica Manufacturers association (DMA), the Dominica Coalition of Service Industries, along with the Dominica Export Import Agency (DEXIA) and the Ministry of Commerce.

The Dominica Agricultural Industrial and Development Bank has increased its sensitization to stakeholders within the Agriculture Sector with respect to the $10 million dollar Line of credit from the Government of Dominica