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AfrAsia Bank has Representative offices in both Johannesburg and Cape Town serving the local corporate, asset management and private banking markets.
Some facts about South Africa
- Abundant supply of resources (including large agricultural sector), well-developed financial, legal, communications, energy, and transport sectors
- South Africa is ranked 25th in the world in terms of GDP as of 2008. The Johannesburg Stock Exchange ranks among the Top 20 in the world. The Rand (ZAR) is the most actively traded emerging market currency in the world
- Growing number of HNWIs
Mauritius
- Close economic and cultural ties with both Asia and Africa. Founding member of several PTAs – COMESA, SADC, IOC, African Union
- Mauritius and South Africa have a double taxation agreement
AfrAsia Representative Offices
- The South African Reserve Bank granted AfrAsia a Representative Office license on 7 Sept 2009
- Offices established in Cape Town and Johannesburg with full-time staff
- With these Representative Offices, AfrAsia is ideally poised to become a reference point linking Mauritius and the Africa-Asia trade corridor
Core international products and services are available to SA residents:
- Corporate Banking & Investment Banking – innovative, flexible and attractive facilities to finance Working Capital and trade finance requirements
- Investment Banking solutions – debt capital market & bond issuance, structured trade finance, debt & equity arrangement, etc
- Private Banking & Wealth Management – a comprehensive Total Wealth Management for clients. In addition to traditional banking products and services, we also offer services to guide and help our clients optimize offshore structures, achieve steady returns on investments, protect their wealth and plan for succession. Working in concert with our partners including AXYS Capital Management and JP Morgan for investment products, the Bank has won the prestigious “Best Private Bank in Mauritius” 2011 awarded by Euromoney.
- Treasury – including forex, hedging and money market
Read more on our offer to South Africans here.
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| Interview of Colin Grieve: Mauritius as the springboard into Africa (CNBC Africa) |
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| Contact us now: |
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Colin Grieve
Chief Representative Officer, South Africa
Johannesburg |
| Direct Line |
: (+27) (0)78 457 1259 |
| Mobile |
: (+27) (0)78 457 1259 |
| Fax |
: (+27) (0)11 268 5730 |
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Ryan De Vries
Business Head, Western Cape
Cape Town |
| Direct Line |
: (+27) (0) 21 417 6400 |
| Mobile |
: (+27) (0) 83 232 7304 |
| Fax |
: (+27) (0) 86 506 1167 |
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