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Blog
Blue economy aims at generating multiple cash-flows from a portfolio of local opportunities01 Jul. 2020Read more
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Market UpdatesThe British Pound remains tilted to the downside near $1.2180 despite upbeat data24 Jun. 2020Read more
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CommuniquéAfrAsia Head Office Building Under Renovation
We wish to inform you that our Head Office in Port Louis will be undergoing upgrading works starting Friday 26 June 2020 to Wednesday 30 September 2020.
23 Jun. 2020Read more
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Communiqué
AfrAsia hires new executive to drive its cards businessAfrAsia Bank has announced the appointment of South-African national Nantes Lavin as the Head of Cards, with effect from Thursday 11 June 2020. This new addition brings in extensive international expertise across Africa, Asia and Europe to lead the Bank’s cards business, while reinforcing its commitment to providing a seamless customer experience at all times.
19 Jun. 2020Read more
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Blog
As businesses undergo digital transformations in their front and back office operations, similarly cybercriminals are advancing the sophistication of their methods.08 Jun. 2020Read more
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CommuniquéCommuniqué - Mauritius on the new EU list
On May 07, 2020, the European Commission announced the adoption of a new list of third countries which, according to the Commission, had strategic deficiencies in their anti-money laundering and counter terrorism financing (AML-CFT) regimes.
02 Jun. 2020Read more
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CommuniquéImportant Communiqué – COVID-19
In a statement to the nation on Friday 29 May 2020, the Prime Minister has announced the lifting of lockdown measures to allow a gradual return to work and a progressive re-opening of key economic activities starting Sunday 31 May 2020.
29 May. 2020Read more
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Blog
In our opinion, the most impacted sector of the economy at this stage is the hospitality and tourism industry.21 May. 2020Read more
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Blog
“Converting the central bank into a magical money tree could lead to a significant currency devaluation”07 May. 2020Read more
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CommuniquéRevision of Interest Rates
Following the decrease of the Key Repo Rate by 1%, we wish to inform our customers and the public that, effective 22 April 2020, our interest rates are as follows:
- Prime Lending Rate: 4.4% per annum
- Savings Rate: 0.15% per annum
22 Apr. 2020Read more
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Blog
Mauritius potentially benefits from a strategic advantage regionally in stimulating a relatively early economic recovery.20 Apr. 2020Read more
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Market UpdatesEUR/USD losing grip, Ending Diagonal pattern signaling strong reversal!!16 Apr. 2020Read more
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Market UpdatesGBP/USD trying to recover but may further slide in the near term!!16 Mar. 2020Read more
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CommuniquéImportant Communiqué – COVID 19
Amid ongoing concerns about the spread of Coronavirus COVID-19, we are closely monitoring the latest reports and advices from Ministry of Health and Wellness of Mauritius (MOH) and have taken a number of precautionary measures for the health and safety of our customers and staff.
13 Mar. 2020Read more
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DownloadsIntegrated Report
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Financial Statements
Financial StatementsUnaudited Interim Financial Statements for the nine months ended 31 March 2020Download View all financial reports -
AfrAsia Factsheet
All you need to know about AfrAsia BankDownload
