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Latest News

Communiqué 25 Nov 2022
Updated List of Correspondent Banks

We wish to advise that our list of correspondent banks for settlement instructions has been updated.

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News 18 Nov 2022
AfrAsia Bank named “Best Banking & custody provider: Global Custodian” for the 3rd consecutive year by AGF Awards

AfrAsia Bank was awarded Best Banking & custody provider: Global Custodian for the third consecutive year at the 6th edition of AGF Service Providers Awards, recognising the top service providers that supported Africa-focused funds in 2021/22.

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Communiqué 16 Nov 2022
Revision of Interest Rates

Following the increase of the Key Repo Rate by 1%, we wish to inform our customers and the public that, effective 18 November 2022, our interest rates will be as follows:
Read more

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Market Outlook

Exchange
Rates

Buying

Selling

AUD

28.68

29.83

CAD

31.87

33.10

EUR

44.63

45.98

JPY

30.80

32.16

GBP

51.62

53.17

USD

43.2

44.1

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Market Patrol Snapshot - Local Fixed Income Snapshot - Foreign Fixed Income

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Government
Securities

Primary Dealing (Sale/Purchase of Government Securities) as at 11 Nov 2022

Tenor

BID

OFFER

up to 30

1.55

1.40

31-60

2.00

1.85

61-90

2.45

2.30

91-135

2.48

2.33

I want to thank you for the amazing service and efficiency to meet the deadline. I know this was an extremely difficult task.

Bronwyn Corbett

CEO, GRIT Real Estate Income Group
Indeed thanks for your professionalism and hardwork, it’s a pleasure to work with team like you!

Renesis Financial Services Ltd
Pleased to meet you, albeit virtually! Thanks for the speedy delivery of service. Much appreciated. Keep it up

Jean Pierre Lim Kong
This is a short note to say thank you to you and the team for the excellent service , you exceeded our expectations. The bar has been set high, keep it up.

Freedom Asset Management

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Updated List of Correspondent Banks

We wish to advise that our list of correspondent banks for settlement instructions has been updated.

AfrAsia Bank named “Best Banking & custody provider: Global Custodian” for the 3rd consecutive year by AGF Awards

AfrAsia Bank was awarded Best Banking & custody provider: Global Custodian for the third consecutive year at the 6th edition of AGF Service Providers Awards, recognising the top service providers that supported Africa-focused funds in 2021/22.

Revision of Interest Rates

Following the increase of the Key Repo Rate by 1%, we wish to inform our customers and the public that, effective 18 November 2022, our interest rates will be as follows: