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	<title>AID Bank News</title>
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	<description>chronicling the ideas, experiences and industry of web development services</description>
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	<pubDate>Fri, 18 Feb 2011 10:10:11 +0000</pubDate>
	<managingEditor>webadmin@aidbank.com</managingEditor>
	<webMaster>webadmin@aidbank.com</webMaster>
    <item>
      <title><![CDATA[AID BANK RENOVATES THE OPERATION YOUTH QUAKE’S KITCHEN ]]></title>
      <description><![CDATA[Last Thursday, an AID Bank Team comprising members of the Management and Staff of the Bank, together with some of the staff and residents of the Operation Youth Quake, alongside professionals contracted by the Bank, completed the upgrade of the Operation Youth Quake Kitchen Facility.  ]]></description>
      <link>http://www.aidbank.com/news/index.php?id=45</link>
      <pubDate>Fri, 18 Feb 2011 10:04:18 +0000</pubDate>
      <category>Ideas/Projects</category>
      <comments>http://www.aidbank.com/news/index.php?id=45#cmt</comments>
    </item>
    <item>
      <title><![CDATA[AID BANK GIVES TO THE BENEFICIARIES OF “YES WE CARE” ]]></title>
      <description><![CDATA[On Monday 20th December 2010, the Dominica Agricultural Industrial and Development Bank (DAIDB), in keeping with its corporate responsibility presented one hundred and eighty-six (186) Christmas gift baskets to all the beneficiaries of the “Yes We Care” Programme.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=44</link>
      <pubDate>Tue, 21 Dec 2010 14:20:12 +0000</pubDate>
      <category>Marketing</category>
      <comments>http://www.aidbank.com/news/index.php?id=44#cmt</comments>
    </item>
    <item>
      <title><![CDATA[AID BANK SPEARHEADS PROVISION OF HURRICANE SUPPLIES]]></title>
      <description><![CDATA[In support of the Government’s initiatives to assist the countries of St. Lucia and St. Vincent, which were hardest hit by the passage of Hurricane Tomas, the Dominica Agricultural Industrial and Development Bank [AID Bank] has spearheaded a number of efforts in arranging critical Hurricane relief supplies to these two countries.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=41</link>
      <pubDate>Fri, 19 Nov 2010 09:43:40 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=41#cmt</comments>
    </item>
    <item>
      <title><![CDATA[AIDB GM/Consultant Address at SAT Launching]]></title>
      <description><![CDATA[Telecommunications in the international marketplace  presents a future that is crystal clear, but for one cloud on that otherwise sunny horizon: “finding enough quality people," states James Poynter, President and Chief Executive Offcer of GN Nettest, a world leader in fiber optic testing.
]]></description>
      <link>http://www.aidbank.com/news/index.php?id=43</link>
      <pubDate>Thu, 18 Nov 2010 17:51:52 +0000</pubDate>
      <category>Marketing</category>
      <comments>http://www.aidbank.com/news/index.php?id=43#cmt</comments>
    </item>
    <item>
      <title><![CDATA[AIDB GM/CONSULTANT ADDRESS AT DBPL’s 8TH AGM]]></title>
      <description><![CDATA[First I wish to express my sincerest appreciation to the Chairman of DBPL for seeing it fit to invite me to speak at this the eighth annual general meeting of the company.

]]></description>
      <link>http://www.aidbank.com/news/index.php?id=42</link>
      <pubDate>Wed, 17 Nov 2010 15:49:38 +0000</pubDate>
      <category>Marketing</category>
      <comments>http://www.aidbank.com/news/index.php?id=42#cmt</comments>
    </item>
    <item>
      <title><![CDATA[AGM Speech by Acting Prime Minister]]></title>
      <description><![CDATA[It is indeed a pleasure for me to represent the Hon. Prime Minister and Minister for Finance at this function.  The Hon. Prime Minister has asked that I convey his regrets for his absence at today’s function since he is away on state business. He has also requested that I express his best wishes for a successful meeting. ]]></description>
      <link>http://www.aidbank.com/news/index.php?id=40</link>
      <pubDate>Mon, 01 Nov 2010 11:38:02 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=40#cmt</comments>
    </item>
    <item>
      <title><![CDATA[Remarks by Scholarship Awardee]]></title>
      <description><![CDATA[Miss Karnik Kiran Burnette is the first ever winner of the AID Bank Civil Engineering Scholarship. Here are her remarks delivered at the scholarship award ceremony held at the AID Bank on 23 July 2010.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=39</link>
      <pubDate>Mon, 26 Jul 2010 09:40:02 +0000</pubDate>
      <category>Training</category>
      <comments>http://www.aidbank.com/news/index.php?id=39#cmt</comments>
    </item>
    <item>
      <title><![CDATA[Karnick Kiran Burnette is DAIDB Scholarship winner]]></title>
      <description><![CDATA[KARNICK KIRAN BURNETTE RECEIVES AID BANK’S FIRST EVER SCHOLARSHIP IN CIVIL ENGINEERING]]></description>
      <link>http://www.aidbank.com/news/index.php?id=38</link>
      <pubDate>Fri, 23 Jul 2010 16:19:14 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=38#cmt</comments>
    </item>
    <item>
      <title><![CDATA[EIB Provides US$10 million line of credit to the DAIDB]]></title>
      <description><![CDATA[On 14 July 2010 the European Investment Bank (EIB) formally agreed to provide a USD 10 million line of credit to the Dominica Agricultural, Industrial and Development Bank (AID Bank) to ensure continued availability of public and private sector finance during the financial crisis.

]]></description>
      <link>http://www.aidbank.com/news/index.php?id=37</link>
      <pubDate>Fri, 23 Jul 2010 16:08:43 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=37#cmt</comments>
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      <title><![CDATA[Record Loan Approvals for AID Bank]]></title>
      <description><![CDATA[<strong>AID BANK ACHIEVES RECORD LEVEL OF LOAN APPROVALS</strong>
The Dominica Agricultural Industrial and Development Bank [AID Bank] has announced a significant increase in the value of loan approvals for the first ten months of its current financial year, which ends on June 30, 2010.

In making the announcement, Chairman of the AID Bank, Mr. Ambrose Sylvester stated that for the ten-month period ending April 2010, the Bank has approved loans with a total value of $ 40.58 million the highest level ever recorded in any one year in the history of the 39-year old institution.

This level of approvals is three times the $ 13.51 million of loans approved for the preceding financial year, which ended in June 2009 and surpasses by fifteen per cent the value of approvals projected for the current financial year with two months still left to go.

The primary sectors which benefitted from the loan financing of the Bank during the period were Tourism:   $18.8 million; Industry $ 8.4 million; Student Loans: $2.5 million; Housing: $2.1 million and Telecommunications: $3.1 million.

These sectors, Mr. Sylvester added are the priority sectors identified by the Government for generating economic growth and employment creation in Dominica as outlined in the Growth and Social Protection Strategy [GSPS] and reemphasised by the Prime Minister in his Budget Address in July 2009.

Mr. Sylvester continued by stating that the Bank has taken seriously the mandate given by the Honourable Prime Minister in his 2009 Independence Day message to the nation for the AID Bank to become “the financial engine of economic growth” in Dominica and that the Bank is responding positively but with the requisite due diligence, to the demands from the private sector for developmental funding.

In her comments on the record level of approvals, Mrs. Mathilda John Rose, Executive Manager, Credit Operations, stated that, the improved credit appraisal techniques introduced within the Bank, recent improve ..]]></description>
      <link>http://www.aidbank.com/news/index.php?id=36</link>
      <pubDate>Thu, 06 May 2010 16:22:05 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=36#cmt</comments>
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