The National Bank of Dominica is the a major commercial bank in the Commonwealth of Dominica. The bank was set up in 1978 as a state owned bank and was privatised in 2003. The bank was created by Act No 27 of 1976 by the Parliament of Dominica (under the name National Commercial and Development Bank of Dominica). The bank officially opened for business on March 15, 1978 with the Agricultural Industrial and Development Bank (AID) bank as a wholly owned subsidiary. In January 1982, the AID development bank nank was made a separate and independent entity. More information...
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