Office of the Registrar of Cooperatives and Business Development Services has release the report of the Apma Financial.
AFIC was registered under the Office of the Registrar of Cooperative and Business Development Services (ORCBDS) in 2013 as a Savings and Loan Society.
The cooperative is mandated by the Cooperative Societies Act CAP 152, exists to serve 49 branches scattered around the islands of Vanuatu with its Head Office located in
Port Vila, Efate.
Many of these branches have been closed or are inactive, but the Head Office in Port Vila and the main branches in Luganville, Tanna and Malekula, still operates.
AFIC has over 20,000 members and partners with its principal activity to conduct savings and loans to its members.