Mortgage Myths

Mortgage Myths

You have been hearing it for ages now it’s a great time to build your home! Still, you may be hesitant because of some common myths related to home ownership. After demystifying these myths, you may learn you are better prepared to build your home than you thought.

How much of a Mortgage can I afford?

How much of a Mortgage can I afford?

Instead of asking yourself “How much could I borrow?” while considering a new house purchase or home construction, ask yourself “How much should I borrow?” It’s crucial to note the difference. This strategy focuses on the loan amount that matches your budget rather than the biggest loan amount you might be able to acquire from a mortgage.

Christmas is all about giving

Christmas is all about giving

Christmas is all about giving. Times may have changed under the new normal, but this did not stop NBD from spreading Christmas cheer to communities, schools and non-profit organizations. Instead of the usual Pre-Covid-19 NBD Annual Children’s Christmas Party with games, prizes, eats, drinks, and entertainment, NBD brought snacks and gifts to the students and […]

In the midst of COVID-19, the frontliners are deserving of praise

In the midst of COVID-19, the frontliners are deserving of praise

The National Bank of Dominica Ltd. (NBD) supports nurses and other frontline health care workers, as well as support staff working behind the scenes, in the fight against the Covid-19 pandemic. In an effort to show support and appreciation, the Bank provided snacks and lunch for the Testing and Vaccination Team at the National Stadium, […]

NBD adopts Canefield Highway

NBD adopts Canefield Highway

The National Bank of Dominica Ltd. (NBD) commenced its first beautification project on the Canefield Highway between the bridge to the south and Canefield airport to the north. Employees from the Bank, the Canefield Urban Council, Mac’s Plants Nursery, and members of the community all worked together to beautify the highway by planting flowers. The […]

NBD celebrates its 44th Anniversary

NBD celebrates its 44th Anniversary

On March 15th, 2022, NBD celebrated 44 years of service to Dominica. The Bank is proud to have achieved this milestone. Operating since 1978, NBD’s 44 years of service has been built on the foundation of providing a wide range of financial products and services to consumers, small businesses and corporate clients. NBD’s vision, “To […]

Consortium Press Release

Consortium Press Release

CONSORTIUM PRESS RELEASE ——————————- Consortium of Banks to acquire the banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis, and St. Vincent and the Grenadines Kingstown, St. Vincent and the Grenadines (12 October 2021): Today, a Consortium of leading Banks in the Eastern Caribbean Currency Union announced that it has entered into […]

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Daily Rates

INTEREST RATES
12 to 24 Month CD $5,000 to $500,000: 2.05% Above $500,000: 2.05%
36 to 48 Month CD $5,000 to $500,000: 2.10% Above $500,000: 2.25%
Savings  2.0%

Updated October 22ND 2019

CURABRBCBDSELL
USUSD2.67002.68822.7169
UKGBP3.3166

3.4346

3.6276

EUEUR

2.8471

2.9131

3.1331

CADCAD1.95071.9757

2.1467

BDSBDS1.34321.34321.3568
TTDTTD--0.4381
* Rates are provided for information purposes only and are subject to change.

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