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DOMINICA
National Bank of Dominica (NBD)
Managing Director: Mr. Gregory de Gannes
64 Hillsborough Street, P.O. Box 271, Roseau, DOMINICA
Tel: (767) 255-2300, Fax: (767) 448 3982
E-Mail: ncbdom@cwdom.dm
Website: www.nbdominica.com
The National Bank
of Dominica Ltd (NBD) has it’s origins from March 1978 when it started its
operations as National Commercial & Development Bank. In December 2003, the Bank
privatized it holdings and became National Bank of Dominica. NBD earned a
reputation of being innovative and product savvy delivering a wide portfolio of
loan and deposit instruments to its customers, and was among the first in the
region to offer an International Debit Card on a Visa platform. The bank has (7)
ATM’s across the island and offers Loan Syndication through a related company
Caribbean Financial Services Corporation, a Barbados based Merchant Bank and
Investment Management Services through a wholly owned subsidiary, National
Mortgage Finance Company Ltd, a licensed Broker/Dealer on the Eastern Caribbean
Stock Exchange. NBD’s mission “To maximize shareholders value, provide
excellent customer service, and improve the quality of life in the communities
we serve and to be the employer of choice” epitomizes the Bank’s continued
awareness of the changing environment within which it operates. The Bank is well
positioned to capitalize upon the benefits which a wider Caribbean Single Market
affords, and is actively involved in playing a lead supportive role to the
indigenous banks in the OECS Region through strategic partnering arrangements.
The Bank has consistently realized a return on capital of at least 20% and at
the same time is managing assets in excess of 40% of the local banking industry.
NBD is emerging as one of the leading financial institutions in the OECS and had
an asset base of US$190.1 million as at June 2005.
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