2023 Annual Report
The AIDF is pleased to provide our Annual Report for 2023.
The AIDF’s history of financial strength and performance has continued during 2023. A summary of the results are as follows:
1) Operating surplus of $1,557,318 (2022: $1,465,927).
2) Reserves increased to $13,443,648 (2022: $12,086,330).
3) Investor base has continued with a total investment balance of $108 million.
The report also outlines a change in bank policy, which required AIDF to undertake a significant restructure of the loan portfolio. While this was a challenging process, it had the benefit of providing the AIDF with the capacity to fund various other lending opportunities with strategic importance for the future.
We would like to thank all of our customers for their ongoing support of the AIDF.
Click here to DOWNLOAD the 2023 Annual Report.