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	<title>AID Bank News</title>
	<link>http://www.aidbank.com/news/index.php</link>
	<description>chronicling the ideas, experiences and industry of web development services</description>
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	<pubDate>Mon, 26 Jul 2010 18:13:00 +0000</pubDate>
	<managingEditor>webadmin@aidbank.com</managingEditor>
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    <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>
    </item>
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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>
    </item>
    <item>
      <title><![CDATA[AID Bank gets tough on delinquent students]]></title>
      <description><![CDATA[The Dominica Agricultural Industrial and Development Bank (AID Bank) is aggressively pursuing efforts to address the level of delinquency within its Education Loan Portfolio.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=33</link>
      <pubDate>Fri, 23 Apr 2010 07:35:42 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=33#cmt</comments>
    </item>
    <item>
      <title><![CDATA[Civil Engineering Scholarship 2010]]></title>
      <description><![CDATA[<strong>The DOMINICA AGRICULTURAL INDUSTRIAL AND DEVELOPMENT BANK [AID BANK] </strong>invites applications for a full scholarship to a Dominican national to pursue a four-year degree program in Civil Engineering at the University ofTechnology [UTECH] of Jamaica. 
]]></description>
      <link>http://www.aidbank.com/news/index.php?id=32</link>
      <pubDate>Thu, 22 Apr 2010 20:50:59 +0000</pubDate>
      <category>Training</category>
      <comments>http://www.aidbank.com/news/index.php?id=32#cmt</comments>
    </item>
    <item>
      <title><![CDATA[AID BANK HOLDS ITS 17TH ANNUAL GENERAL MEETING]]></title>
      <description><![CDATA[The Dominica Agricultural Industrial and Development Bank held its 17th Annual General Meeting at the Fort Young Hotel on Monday 22nd February, 2010.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=30</link>
      <pubDate>Thu, 25 Feb 2010 11:32:50 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=30#cmt</comments>
    </item>
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      <title><![CDATA[AID BANK ACHIEVES A NET PROFIT OF 1.22MN]]></title>
      <description><![CDATA[The Dominica Agricultural Industrial and Development Bank (AID Bank) achieved a net profit of 1.22mn, for the financial year ended June, 2009, an increase of 48.70% over that attained in 2008.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=29</link>
      <pubDate>Tue, 23 Feb 2010 13:51:20 +0000</pubDate>
      <category>Finance</category>
      <comments>http://www.aidbank.com/news/index.php?id=29#cmt</comments>
    </item>
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      <title><![CDATA[AID BANK ANNOUNCES BIENNIAL SCHOLARSHIP IN ENGINEERING]]></title>
      <description><![CDATA[The Dominica Agricultural Industrial and Development Bank [AID Bank] on Tuesday November 17  2009, announced the granting of a full scholarship every two years in Structural Engineering to be undertaken at the University of Technology [UTECH] in Jamaica]]></description>
      <link>http://www.aidbank.com/news/index.php?id=28</link>
      <pubDate>Fri, 20 Nov 2009 12:20:27 +0000</pubDate>
      <category>Mortgage</category>
      <comments>http://www.aidbank.com/news/index.php?id=28#cmt</comments>
    </item>
    <item>
      <title><![CDATA[GRADUATED PAYMENT MORTGAGE PROGRAMME]]></title>
      <description><![CDATA[The Dominica Agricultural Industrial and Development Bank [AID Bank] on Tuesday, November 17, 2009 announced a new Mortgage Product which is intended to increase the affordability of home ownership for first time home purchasers in the Commonwealth of Dominica.]]></description>
      <link>http://www.aidbank.com/news/index.php?id=27</link>
      <pubDate>Fri, 20 Nov 2009 12:19:20 +0000</pubDate>
      <category>Mortgage</category>
      <comments>http://www.aidbank.com/news/index.php?id=27#cmt</comments>
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