refers to the national bank of the commonwealth of dominica and not the dominican republic . national bank of dominica type private company industry bank founded roseau dominica 1976 headquarters 64 hillsborough street roseau dominica key people michael bird managing director patrick pemberton chairman of the board products financial services revenue 47.7 m xcd 2008 1 number of employees 131 website http www.nbdominica.com the national commercial bank of dominica 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 bank was made a separate and independent entity . in 1994 the bank invested in ncb grenada jointly with two other oecs indigenous banks to own 12.5 % of that bank . an investment in the caribbean credit card corporation for the issuance and processing of local and international credit cards was also made . additionally the bank acquired shares in the newly privatized liat 1974 ltd and east caribbean home mortgage bank . by letter dated october 10 2003 national commercial bank of dominica was advised by the government of dominica of its decision to divest itself of its majority holding in the national commercial bank ncb . this was part of government of dominica s strategy to privatize ncb . this decision meant that the ncb act chapter 74 02 was repealed and a new company the national bank of dominica ltd was incorporated to succeed the ncb . references edit annual report 2008 pdf . national bank of dominica . retrieved 2009 03 12 . external links edit national bank of dominica eccb press release gravitas press release retrieved from https en.wikipedia.org w index.php title national bank of dominica & oldid 740138639 categories economy of dominicabanks of dominicaroseau navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 19 september 2016 at 08 23 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view