The Government of Dominica has injected over EC$80 million into the AID Bank, reinforcing its role as a key driver of national development, while the institution reported a EC$1.87 million surplus for the 2025 financial year.
Minister for Finance, Economic Development, Climate Resilience and Social Security, Irving McIntyre, said the capital injections reflect the government’s confidence in the Bank’s mandate and performance. Addressing Parliament, McIntyre stated, “The Government of Dominica has injected in excess of eighty million dollars into the AID Bank to strengthen its balance sheet and expand its capacity to lend.”
He explained that the funding has been directed toward strategic national priorities, adding, “These resources have supported agriculture, tourism, education, small and medium-sized enterprises, housing, and targeted programmes for the Kalinago community.”
The investment has coincided with improved financial performance. Chairman of the AID Bank, Martin Charles, confirmed that the institution closed the year with a surplus, saying, “For the financial year ended 2025, the Bank recorded a surplus of one point eight seven million dollars.”
Charles attributed the results to tighter financial controls and stronger portfolio management, noting, “This improved performance reflects better loan recovery, prudent cost management, and increased confidence in the Bank’s operations.”
According to officials, the government’s support has allowed the AID Bank to expand lending while maintaining financial discipline. The institution has played a central role in financing climate resilience projects, supporting entrepreneurs, and providing credit to sectors that often face difficulty accessing traditional banking services. The Finance Minister said the strengthened capital position places the Bank in a better position to respond to national development needs, particularly as Dominica continues to pursue economic diversification and resilience-building initiatives.
The AID Bank’s management has indicated that the focus going forward will be on sustaining profitability, improving service delivery, and ensuring that public funds continue to translate into tangible economic and social benefits. The combination of substantial government investment and improved financial results is expected to reinforce the Bank’s role as a cornerstone of Dominica’s development financing framework.
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