AfrAsia Bank Limited

AfrAsia Bank Limited, commonly known as AfrAsia Bank, but often referred to as AfrAsia Bank, is a commercial bank in Mauritius. It is one of the commercial banks licensed by the Bank of Mauritius, the country's central bank and the nation's banking regulator.

Overview

AfrAsia Bank is a large financial services provider in Mauritius and in the adjacent continental sub-regions of Southern, Central and Eastern Africa. As of June 2015, the total asset valuation of the bank was approximately US$2.1 billion (MUR:75 billion), with shareholders' equity of approximately US$61.55 million (MUR:1.78 billion).

History

The bank was founded in 2007, in Mauritius. Today the Bank has subsidiaries in Mauritius, with representative offices in South Africa and London. Besides providing Private Banking & Wealth Management services the bank focuses on Corporate & Investment Banking, Global Business Solutions and Treasury. The corporate philosophy is to be the reference point for Corporate and Investment Banking, Private Banking and Global Business Solutions linking Mauritius and the Africa-Asia trade corridor... and beyond