Strategic Shareholders
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Corporate Banking
Corporate Banking
Commercial and corporate banking solutions, from cash management to M&A.
- Short-term funding
- Term funding
- Structured products
- Transactional banking
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Global Business Banking
Global Business Banking
Products and services that meet the needs of global business companies, trusts, funds and foundations.
- Transactional & payment services
- Cash & liquidity management
- Other products & services
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Private Banking & Wealth Management
Private Banking & Wealth Management
Day-to-day consumer banking and investment solutions.
- Private banking
- Personal banking
- Asset management & custody
- Asset management
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Treasury & Markets
Treasury & Markets
Tailored foreign exchange, interest rate and structured derivative solutions for both the local and regional markets.
- Foreign exchange
- Money markets and fixed income
- Structuring
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RecognitionMilestones and Accolades
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2025Awards
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Global Finance awardsBest FX Bank in Mauritius 2025
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Euromoney awardsMauritius' Best for Investment Research 2025Mauritius' Best for Sustainability 2025
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2024Awards
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EUROMONEY PRIVATE BANKING AWARDSBest Domestic Private Bank 2024Best for HNW 2024Best for Investment Research 2024
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Global Finance awardsBest Bank 2024Best FX Bank in Mauritius 2024
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2023Awards
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The Banker, Financial TimesBank of Year – Mauritius 2023
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AGF Africa Service Providers AwardsBest Banking & Custody Provider: Global Custodian 2023
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GLOBAL FINANCE AWARDSBest Bank in Mauritius 2023
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GLOBAL FINANCE FOREIGN EXCHANGE AWARDSBest FX Bank in Mauritius 2023
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EUROMONEY AWARDS FOR EXCELLENCEBest Bank for CSR in Mauritius 2023Best Bank for ESG in Mauritius 2023
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EMEA FinanceBest Private Bank in Mauritius 2023Best Bank in Mauritius 2023
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2022Awards
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Global Finance AwardsBest Bank in Mauritius 2022
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International Banker AwardsBest Private Bank of the Year Mauritius 2022
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Global Private Banking Innovation AwardsBest Private Bank in Mauritius 2022
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AGF Africa Service Providers AwardsBest Banking & Custody Provider: Global Custodian 2022
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EMEA Finance African Banking AwardsBest Private Bank in Mauritius 2022
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2021Awards
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The Digital Banker/Global Private BankerOutstanding Marketing Campaign in the Pandemic 2021Best Private Bank 2021
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AGF Africa Service Providers AwardsBest Banking & Custody Provider: Global Custodian 2021
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EMEA Finance African Banking Awards 2021Best Bank in Mauritius 2021Best Private Bank in Mauritius 2021
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Global Brands MagazineBest Corporate Banking Brand 2021
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2020
- Benefited from a green line of funding under the SUNREF programme
Awards-
CITI BANKStraight-Through processing (STP) Excellence Award 2020
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PwC Corporate Reporting AwardsFinancial Institutions (Integrated Report 2019) 2020
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AGF Africa Service Providers AwardsBest Banking & custody provider: Global Custodian 2020
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PWM/The Banker Global Private Banking AwardsBest Private Bank in Mauritius 2020
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MARCOM AWARDSPlatinum Winner for ‘The Believers’ Campaign 2020
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EMEA FINANCE’S AFRICAN BANKING AWARDSBest Bank in Mauritius 2020
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2019
- The First Mauritian Bank to join the GRI Community
Awards-
Oracle HCM Cloud Rubies Awards 2019“Keep it in the Family” category 2019The Cloud for Millennials Award 2019
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Burj CEO AwardsMost Innovative Bank in Mauritius 2019
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EMEA Finance’s African Banking AwardsBest Bank in Mauritius 2019
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2018
- Instant account opening with a Customer On-boarding App
- First local bank to offer Contactless Technology on all its credit cards
- Launch of the first sustainability summit in Mauritius
Awards-
EMEA Finance’s African Banking Awards 2018The Best Bank in Mauritius 2018Best Investment Bank in Mauritius 2018Most Innovative Bank Pan-Africa 2018
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Banker Africa East Africa Banking Awards 2018Best Corporate Bank 2019
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2017
- Launch of AfrAsia Foundation and AfrAsia School
- AfrAsia Bank accredited by the Bank of Mauritius as a Primary Dealer
- Recorded a Net Profit After Tax of MUR 804.7m (86% year-on-year)
- Pioneered successful deployment of cloud-based financial solutions in Mauritius
Awards-
Awards for 2017 "Banker Africa-East Africa"Best Corporate Bank 2019
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PwC Corporate Reporting Awards (Annual Report 2016)Financial Institutions 2019Online Reporting 2019Risk Management Disclosures - Financial Institutions 2019
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Global Brands MagazineBest Banking Brand in Mauritius 2017Most Innovative Treasury Services 2017Best Financial and Investment Solutions Provider 2017Best Credit Card Rewards Program 2017
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2016
- 148% growth in Net Profit After Tax recorded
- Launch of new DARE culture
Awards-
GLOBAL BRANDS MAGAZINEMost Innovative Treasury Services 2016Best Financial and Investment Solutions Provider 2016Best Credit Card Rewards Program 2016
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BANKER AFRICABest Investment Bank in Mauritius 2016
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AFRICAN EXCELLENCE AWARDS'Sports & Lifestyle' category 2016
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CORPORATE REPORTING AWARDS - PRICEWATERHOUSECOOPERS MAURITIUSFinancial Institutions (Annual Report 2015) 2016
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2015
- Launch of AfrAsia Bank Mauritius Open, the first international tri-sanctioned tournament.
- Launch of VISA Platinum prepaid card in MUR, EUR and USD
Awards-
PWM/ THE BANKERBest Private Bank in Mauritius 2015
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EMEA FINANCE PROJECT AWARDSBest transport infrastructure deal in EMEA (for our support in the Ethiopian Railways Corporation’s rail infrastructure upgrade) 2015
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EUROMONEYBest Private Bank in Mauritius 2015
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2014
- National Bank of Canada, one of Canada’s leading banks, acquires shares in AfrAsia
- Opening of Ebene branch
Awards-
WORLD FINANCEBest Wealth Management Provider in Mauritius 2014
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CORPORATE REPORTING AWARDS - PRICEWATERHOUSECOOPERS MAURICEOnline Reporting (Annual Report 2013) 2014Financial Institutions (Annual Report 2013) 2014
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EUROMONEY PRIVATE BANKING SURVEY 2014No. 1 Private Bank for Fixed Income Portfolio Management in Mauritius 2014Best Private Bank for Private Equity Investment in Mauritius 2014
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2013
- Launch of XtraMiles, Africa’s first banking rewards programme
Awards-
GLOBAL PRIVATE BANKING AWARDS - PRIVATE WEALTH MANAGEMENT / THE BANKERBest Private Bank in Mauritius 2013
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EUROMONEY PRIVATE BANKING SURVEYBest Local Private Bank in Mauritius 2013
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CORPORATE REPORTING AWARDS - PRICEWATERHOUSECOOPERS MAURITIUSOnline Reporting (Annual Report 2012) 2013
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AFRICAN BANKER AWARDSBest Bank in Southern Africa 2013
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THE AFRICA REPORTListed among the Top 200 African Banks – 175th in Africa 2013
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2012 and before
- 2011: Launch of AfrAsia Global Custody Services in association with ABN AMRO Bank and BNP Paribas
- 2010: Opening of Johannesburg representative offices
- 2009: First Mauritian bank to offer Foreign Institution Investor (FII) licenses
- 2007: Launch of AfrAsia Bank Limited
Awards-
CAMEL RATING – BANK OF MAURITIUSHighest Camel Rating 2+ in Mauritius December 2012
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THE BANKERListed among the Top 300 African Banks - 175th in Africa 2012
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EUROMONEY PRIVATE BANKING SURVEYBest Private Bank for the Super Affluent in Mauritius 2012Best Local Private Bank in Mauritius 2012Best Private Bank in Mauritius of 2011
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GLOBAL HR EXCELLENCE AWARDS 2012 - WORLD HRD CONGRESSHR Leadership Award 2012
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CITIBANKQuality Recognition for achieving high Straight Through Processing rate for payments and transfers 2010
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WORLD FINANCEMost Innovative Bank 2008
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