Corporate Announcement

Coronavirus (COVID-19) Update

To all our valued clients and community,

IDB is closely monitoring the developments with respect to the spread of the Coronavirus (COVID-19). Our top priority is the health and well-being of our clients and employees. We have been taking the necessary steps across all functions of the bank to enable us to support our clients’ needs with a minimal level of disruption.

IDB is following guidance from federal and state health agencies and taking additional actions to promote employees’ health and safety and to make sure they are kept abreast of Coronavirus developments. The actions taken include restricting business travel, postponing clients and employees events, and quarantining employees who have traveled or been in proximity with infected people.

IDB has put in place business continuity and technology plans that will enable us to conduct business by our teams working from home. We took actions to test and ensure we are able to operate the bank and service our clients with the service they need under any circumstances.

IDB, which last year celebrated 70 years in business, managed and supported our clients through many crises in the past and we are doing our best to do it again. The first IDB core value is “It’s Personal”. In these times, when there is so much uncertainty and unrest, it is paramount now more than ever that our clients rely on us. We are committed to being responsive to our clients’ needs. Our bankers, relationship managers, and account officers are here for you.

We continue to monitor this rapidly evolving situation and will do everything we can to protect our employees and clients, and to remain ready to serve you. We thank you for your continued trust in us.