AfrAsia Bank delivers a strong financial performance with profits of MUR 6.3bn for the financial year ended 30 June 2025.

For the twelve months ended 30 June 2025, AfrAsia Bank recorded a net profit after tax of MUR 6.3 billion, a result that underscores the strength of its business model and the relevance of its strategy.

 

Here are some key performance indicators:

 

The 2025 financial year was marked by continued and solid growth in non-interest income. Net trading income grew by 15% to MUR 2.1 billion, while net fee and commission income increased by 12% to MUR 1.0 billion, driven by momentum in international transfers and card-related services. Net interest income remained stable, recording a slight increase of 1% to MUR 7.2 billion, underpinned by effective management of foreign currency exposures despite global market volatility.

 

Our balance sheet has strengthened, with total assets reaching MUR 283.4 billion as of 30 June 2025, an increase of 8% over the previous year's MUR 261.7 billion. This progression demonstrates the strength of our position and is largely due to the expansion of the Bank's deposit base.

 

In a parallel effort to enhance our strategy, loans and advances grew by a remarkable 21% to reach MUR 75.7 billion, confirming our commitment to supporting our clients. This was matched by a continuous growth in our deposit base, which increased by 7% to MUR 258.2 billion. This dynamic, combined with a solid capital adequacy ratio of 20.3%, reinforces the stability of our balance sheet.

 

Commenting on this performance, Thierry Vallet, Founder Executive and CEO of AfrAsia Bank, said: “Our solid results in a demanding economic environment reflects the resilience, passion and dedication of our people. Despite global economic volatility and market pressures testing various areas of our business, we emerged with a strong performance. Our disciplined execution and long-term investments enabled us to close FY24/25 with a robust balance sheet, marked by an increase in Total Assets to MUR 283.4bn. This strong capital position enables us to fuel future growth, and invest in targeted initiatives that sharpen the focus of our business lines. While more headwinds should be anticipated, our clear strategic vision remains our compass - strengthening client relationships and expanding our presence across both domestic and international markets.''