Staying in sync
January, 1988. Economy is about to bloom in Aruba. Tourism is rapidly increasing and the island is rich in new initiatives and interesting projects. This is when the Government of Aruba and several private parties join forces to establish a new bank catered to the needs of the ambitious: The AIB BANK.
Synchronized with the economy of the island, AIB BANK has been serving different needs during changing tides. The first years, AIB BANK played an important role in the significant investment boom in the expansion of the hotel room inventory, facilitating the economic structure the island knows today.
Soon the ‘second round’ of related investments followed and again AIB BANK participated in the process. The primary focus was project financing, but with the growing monetary sector to support the economic development, competition intensified. AIB responded by amplifying its services. In the years that followed, financial and advisory services were added to our portfolio, as well as a special Fund for development projects in the public sector, Fondo Desaroyo Aruba. Today, AIB BANK offers an unmatched range of integrated, financial, economic and management services to both the private and the public sector.
When being part of a generation on which the flag of entrepreneurship seems to be constantly waving in the sea of young professionals looking to succeed in the business world, more often than not, we tend to drown in the... Read More