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AfrAsia Stories

  • Blog
    Managing credit risks diligently
    Managing credit risks diligently
    21 May. 2020
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  • Blog
    A coordinated response to the impact of the crisis.
    A coordinated response to the impact of the crisis.
    20 May. 2020
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  • Communiqué
    Planned Maintenance on our Prepaid Cards System

    We wish to inform you that in view of enhancing our services, there will be a planned maintenance on our Prepaid Cards System on Wednesday 27 May 2020, from 23h00 to 00h00 (Mauritius time, GMT+4), during which all prepaid card transactions will be unavailable.

     

     

    19 May. 2020
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  • Communiqué
    Important Communiqué – COVID-19

    Following a public notice issued by the Bank of Mauritius today, we wish to inform that as from Saturday 16 May 2020 until 1 June 2020, both our Ebene and Port Louis branches will be operational with a reduced workforce and open to the public as per hereunder:

    15 May. 2020
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  • Blog
    COVID-19 - Operational Challenges v/s Technological Opportunities
    COVID-19 - Operational Challenges v/s Technological Opportunities
    08 May. 2020
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  • Blog
     “Converting the central bank into a magical money tree could lead to a significant currency devaluation”
    “Converting the central bank into a magical money tree could lead to a significant currency devaluation”
    07 May. 2020
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  • Blog
    “Banks will need to review their internal audit system”
    “Banks will need to review their internal audit system”
    06 May. 2020
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  • Blog
    Mastering market volatility is a key determinant for investors.
    Mastering market volatility is a key determinant for investors.
    27 Apr. 2020
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  • Market Updates
    Don't expect the euro to fly any time soon !
    23 Apr. 2020
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  • Communiqué
    Revision 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. 2020
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  • Blog
    Banks have a key role to play in economic recovery
    Banks have a key role to play in economic recovery
    22 Apr. 2020
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  • Blog
    Mauritius potentially benefits from a strategic advantage regionally in stimulating a relatively early economic recovery.
    Mauritius potentially benefits from a strategic advantage regionally in stimulating a relatively early economic recovery.
    20 Apr. 2020
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  • Market Updates
    SWISS FRANC & JAPANESE YEN : A MATCH MADE IN HAVEN ?
    17 Apr. 2020
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  • Blog
    Impact of COVID-19 on Mauritian Economy
    Impact of COVID-19 on Mauritian Economy
    17 Apr. 2020
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  • Market Updates
    EUR/USD losing grip, Ending Diagonal pattern signaling strong reversal!!
    16 Apr. 2020
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  • Communiqué
    A message from our CEO Sanjiv Bhasin
    A message from our CEO Sanjiv Bhasin
    03 Apr. 2020
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  • Market Updates
    USD/CAD COULD CATAPULT EVEN FURTHER TO AS HIGH AS 1.5504
    26 Mar. 2020
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  • News
    Climate Launchpad
    18 Mar. 2020
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  • Market Updates
    GBP/USD trying to recover but may further slide in the near term!!
    16 Mar. 2020
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  • Communiqué
    Important 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. 2020
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  • Market Updates
    Ka-Ching- The EURO slumped more than 300 pips as expected!!
    13 Mar. 2020
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  • Blog
    Weekly Market Update as at 13 March 2020
    Weekly Market Update as at 13 March 2020
    13 Mar. 2020
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  • Market Updates
    EUR/USD rally Too Far Too Fast- Don't be spooked by a sudden retracement!
    10 Mar. 2020
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  • Communiqué
    Communiqué

    We wish to inform you that the Bank will be closed on Thursday 12 March 2020 and Wednesday 25 March 2020, due to public holidays for the celebration of the Independence Day of Mauritius and Ugaadi festival respectively.

    09 Mar. 2020
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  • Blog
    “Gender equality creates the conditions to boost economic development and contributes to economic development”
    “Gender equality creates the conditions to boost economic development and contributes to economic development”
    09 Mar. 2020
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  • Market Updates
    AUD/JPY Elliott Wave Analysis: Price Chart Exposes Bullish Structure to 77.26
    28 Feb. 2020
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  • Market Updates
    USD/CAD breaks the 2020 high as crude oil crumbles
    28 Feb. 2020
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  • Market Updates
    USD/MUR jetted to as high as 37.71 on 19th Feb 20, beware of a bearish RSI divergence!
    24 Feb. 2020
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  • Communiqué
    Communiqué

    The Board has taken note of certain articles which appeared recently in the press about AfrAsia Bank and its senior management. 

    These articles are incorrect and the Bank will be looking into the origin of this incorrect information.

     

    By Order of the Board

    18 February 2020

     

    18 Feb. 2020
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  • Blog
    “Brexit and coronavirus will necessarily have an impact on major currencies”
    “Brexit and coronavirus will necessarily have an impact on major currencies”
    12 Feb. 2020
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  • Downloads
    Integrated Report
    Integrated Report 2019
    View View editions
  • Financial Statements
    Financial Statements
    Unaudited Interim Financial Statements for the nine months ended 31 March 2020
    Download View all financial reports
  • AfrAsia Factsheet
    AfrAsia Factsheet
    All you need to know about AfrAsia Bank
    Download
Contact our PR team
  • Suneeta Motala
    Chief Marketing Officer
    +230 403 5500
  • Govind Koormadu
    PR Manager
    +230 5257 8737