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Blog
Celebrating motherhood differently… To all mothers, wishing you a happy Mother's Day25 May. 2023Read more
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CommuniquéCommuniqué - CRS Implementation
The Common Reporting Standard (CRS), developed by the Organisation for Economic Cooperation and Development, is a global standard for the automatic exchange of financial account information. In compliance with the obligations under CRS, we are required to collect certain tax-related information and/or documents from account holders.
23 May. 2023Read more
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News
AfrAsia Bank’s third quarter results jump to record high with profits of MUR 3.8bnFor the nine months ended 31 March 2023, AfrAsia Bank has delivered an exceptional financial performance with a net profit after tax (“NPAT”) of MUR 3.8bn, representing a significant increase of 261% over the prior year. The Bank has continued on a strong growth trajectory marked by sustained core earnings and steady rise in yield levels.
17 May. 2023Read more
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Blog
Mauritius IFC: From a conventional jurisdiction to a forward-looking hub17 Apr. 2023Read more
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NewsAfrAsia bags Best FX Bank & Best Private Bank by two renowned awarding
AfrAsia Bank has recently been awarded the title “Best FX Bank in Mauritius” at the Global Finance’s Gordon W. Platt Foreign Exchange Awards 2023 held on Wednesday, February 22 at Glaziers Hall in London. These awards reward banks whose FX departments provide superior guidance and performance to their clients. The 2023 winners were chosen based on wide-ranging criteria, including transaction volume, scope of global coverage and competitive pricing.
16 Mar. 2023Read more
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CommuniquéCommuniqué - Revision of Interest Rates
In the wake of the new Framework for the conduct of Monetary Policy as announced by Bank of Mauritius on 13 January 2023, we wish to inform our customers and the public that, effective 01 March 2023, our Savings interest rate will be 3.40% p.a.
20 Feb. 2023Read more
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News
AfrAsia Bank delivers a noteworthy half year results with a 157% increase in profit to reach MUR 2.0bn14 Feb. 2023Read more
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CommuniquéCommuniqué
The Board of Directors of AfrAsia Bank Limited (the “Bank”) wishes to inform the shareholders of the Bank and the public in general that AFG Holding (“AFG”) has entered into an agreement with the National Bank of Canada, IBL Ltd and other minority shareholders with the intention to acquire a 74.48% majority stake (the “Transaction”) in the share capital of the Bank.
29 Dec. 2022Read more
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CommuniquéRevision of Interest Rates
Following the increase of the Key Repo Rate by 0.50%, we wish to inform our customers and the public that, effective 01 January 2023, our interest rates are as follows:
29 Dec. 2022Read more
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CommuniquéUpdated List of Correspondent Banks
We wish to advise that our list of correspondent banks for settlement instructions has been updated.
25 Nov. 2022Read more
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News
AfrAsia Bank named “Best Banking & custody provider: Global Custodian” for the 3rd consecutive year by AGF AwardsAfrAsia 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.
18 Nov. 2022Read more
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NewsA solid performance for AfrAsia Bank’s first quarter with profit up by 113%11 Nov. 2022Read more
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NewsAfrAsia Bank registers a healthy increase of 64% in Net Profit After Tax, reaching MUR 1.4 billion01 Nov. 2022Read more
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CommuniquéRevision of Negative Interest Rate on CHF Current Accounts
We wish to advise that effective 01 November 2022 the negative interest rate applicable on all CHF current accounts holding Credit balances will be revised down from 1.25% per annum (p.a) to 0.5% p.a
31 Oct. 2022Read more
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News
AfrAsia donates post-mastectomy prosthesis to Link to Life breast cancer survivorsAfrAsia, through its foundation, has made health one of its priority causes, notably its fight against breast cancer through screening.
28 Oct. 2022Read more
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Blog
Mont Choisy Le Golf set to impress as host of 2022 AfrAsia Bank Mauritius Open18 Oct. 2022Read more
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CommuniquéRevision of Interest Rates
Following the increase of the Key Repo Rate by 0.75%, we wish to inform our customers and the public that, effective 15 October 2022, our interest rates will be as follows:
14 Oct. 2022Read more
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News
Start of the qualifying rounds for the PRO-AM of the AfrAsia Bank Mauritius Open 2022AfrAsia Bank has kicked off the qualifying rounds for the PRO-AM of the AfrAsia Bank Mauritius Open on Sunday 02 October at the Heritage Golf Club, Bel-Ombre. After a three-year break, the event, welcomed more than 60 golfers who competed in teams of four in a beautiful fair-play atmosphere.
03 Oct. 2022Read more
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News
World tours welcome back AfrAsia Bank Mauritius OpenThe AfrAsia Bank Mauritius Open will return to the Sunshine Tour and DP World Tour schedules for the first time since 2019 at a celebrated new world-class host venue this December.
18 Aug. 2022Read more
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DownloadsAnnual Report
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Financial Statements
Financial StatementsCondensed Audited Financial Statements for the year ended 30 June 2022Download View all financial reports -
AfrAsia Factsheet
All you need to know about AfrAsia BankDownload
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Govind KoormaduPR Manager+230 5257 8737
