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Latest News
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News
13 August 2025
AfrAsia Bank to Continue Operating Under Its Current Brand
Supported by the strength of an international banking group based in the UK, AfrAsia is entering a new phase of its history. Following its acquisition by Access Bank UK, the bank is doing more than just changing ownership. It's embarking on a strategic expansion into high-growth markets and strengthening investment and trade flows between Africa, Asia, and international markets.
Business Magazine met with Jamie Simmonds, CEO of Access Bank UK, and Thierry Vallet, CEO of AfrAsia Bank. Together, they discussed the strategic motivations for the acquisition, the expected synergies, and the new development opportunities it presents for AfrAsia Bank.
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Communiqué
24 July 2025
Change in Share Ownership
The Board of Directors of AfrAsia Bank Limited (the “Bank”) wishes to inform its stakeholders that The Access Bank UK Limited, a wholly owned subsidiary of Access Bank Plc, has finalised the acquisition of a 76% majority stake in the Bank’s share capital. The transaction has received all necessary regulatory approvals.
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News
12 June 2025
Unveiling of AfrAsia Bank’s Corporate Offices in the AfrAsia Tower
On Thursday, 12 June 2025, AfrAsia Bank officially inaugurated its new corporate headquarters in the AfrAsia Tower, located in the heart of Tribeca Central Smart City, underscoring the Bank's long-term growth ambitions and its commitment to serving clients with excellence.
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Market Outlook
Exchange
Rates
Rates
Buying
Buying Notes
Selling
Selling Notes
AUD
28.40
28.20
30.89
30.89
CAD
31.77
31.57
34.27
34.27
EUR
52.38
51.97
53.94
53.94
JPY
29.66
29.11
32.27
32.27
GBP
60.85
60.52
62.67
62.67
USD
45.14
45.04
46.04
46.43
*N.D means no dealing
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Government
Securities
Securities
Primary Dealing (Sale/Purchase of Government Securities) as at 15 Aug 2025
Tenor
BID
OFFER
up to 30
4.10
3.95
0
0
0
0
0
0
31-60
4.12
3.97
0
0
0
0
0
0
61-90
4.15
4.00
0
0
0
0
0
0
91-135
4.30
4.15
0
0
0
0
0
0
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I want to thank you for the amazing service and efficiency to meet the deadline. I know this was an extremely difficult task.CEO, GRIT Real Estate Income Group
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Indeed thanks for your professionalism and hardwork, it’s a pleasure to work with team like you!
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Pleased to meet you, albeit virtually! Thanks for the speedy delivery of service. Much appreciated. Keep it up
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This is a short note to say thank you to you and the team for the excellent service , you exceeded our expectations. The bar has been set high, keep it up.
A customer oriented bank
Based in Mauritius
Building bridges between Africa, Asia and the world.
About the bank
Banking Experiences
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Banking
for you
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Banking
for your wealth
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Banking
for your business
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Banking
internationally
Rates & Fees
- Tariff Guide - Non Resident
- Tariff Guide - Resident
- Bank of Mauritius Template on Fees, Charges and Commissions
Application Forms
REGULATORY BODY GUIDELINES
- Mauritius exits EU list of High-risk third countries on 13 March 2022
- MBA Communique - Mauritius exits UK High-Risk Third Countries list
- MBA Code of Ethics and of Banking Practice
- MBA Communiqué - FATCA
- MBA - KYC Policy Booklet
Our Shareholders
Swift Code AFBLMUMU
AfrAsia Bank Limited is licensed and regulated by the Bank of Mauritius and the Financial Services Commission.
AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)
Copyright 2025 AfrAsia Bank Limited. Designed by FRCI
AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)
Copyright 2025 AfrAsia Bank Limited. Designed by FRCI