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Tuesday, December 16, 2014

AfrAsia Bank attracts significant shareholding from National Bank of Canada (NBC

AfrAsia Bank attracts significant shareholding from National Bank of Canada (NBC)

This represents a major vote of confidence in AfrAsia business model

PORT-LOUIS, Mauritius, December 15, 2014/African Press Organization (APO)/ - AfrAsia Bank Limited (http://www.afrasiabank.com/en)  today announced the addition of an important world-class strategic partner, National Bank of Canada, to its shareholding structure.  

This represents a major vote of confidence in its business model, financial standing and unique positioning in regional and international markets. National Bank of Canada will immediately acquire a 9.5% stake in AfrAsia Bank, with the aim of further increasing its shareholding in the near future.

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