The Board has taken note of certain articles which appeared recently in the press about AfrAsia Bank and its senior management.
These articles are incorrect and the Bank will be looking into the origin of this incorrect information.
By Order of the Board
18 February 2020
AfrAsia’s Head of Treasury Jen Ramanah explains the mechanism of excess liquidity and how it can harm financial stability if it keeps growing. He underlines that managing liquidity surplus is an exercise requiring econometric skills and robust experience in monetary, financial and economic analyses. The market is not expecting an increase in the Repo Rate, opines Jen Ramanah regarding the forthcoming MPC meeting.Read more
AfrAsia has accomplished yet another milestone. It was named the Best Bank in Mauritius for the third consecutive year at the EMEA Finance’s African Banking Awards held at the Law Society, London on 5 December 2019.Read more
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