2  The company has shareholders from Mauritius and South Africa; Board Directors from Mauritius, South Africa, Singapore and India. The Chief Executive Officer is Canadian and the software provider is Australian. 3  This is the slogan unveiled by AfrAsia Bank at the launching ceremony.
This additional capacity would facilitate further longer term lending on a prudent basis by credit unions while appropriately managing duration and concentration risks. It is clear therefore that credit unions have the required flexibility to evolve their future business models.