• TechCrunch
• CrunchBase
• More
  • TechCrunch Europe
  • TechCrunch France
  • TechCrunch Japan

AfrAsia Bank Limited

edit

Headquartered in the Mauritius International Financial Centre, AfrAsia Bank Limited is a boutique financial services provider, with the ability to tailor innovative banking solutions for both the local and international markets.

The Bank provides customized services focusing on:

• Corporate and Investment Banking
• Private Banking and Wealth Management
• International Banking Solutions

In addition to Mauritian shareholder, GML, other strong strategic partners include PROPARCO (subsidiary of the Agence Francaise de Developpement and other major financial institutions), Dale Capital Group (South Africa) and Intrasia Capital (Singapore). The Bank’s core banking and transactional capabilities are also complemented by its asset management arm, AXYS Capital Management and its investment banking arm, AfrAsia Corporate Finance.

With the establishment of representative offices in Cape Town, Durban and Johannesburg, the Bank has cross-border capabilities to deliver tailor made solutions with tangible benefits in an environment of trust. AfrAsia Bank’s regional expansion has been taken to a new level with the strategic acquisition of Kingdom Financial Holdings Limited, an investment holding company domiciled in Zimbabwe with interests in the banking, stock broking and asset management sectors. The company also has operations in Botswana, Malawi and South Africa.

AfrAsia Bank is an equal opportunity employer and has more than doubled its headcount since launch with a workforce of now 100.

Awards & Recognitions:

• HR Leadership Award 2012 (Global HR Excellence Awards - World HRD Congress)
• Best Private Bank for the Super Affluent in Mauritius (Euromoney)
• Best Local Private Bank in Mauritius ‘2012 (Euromoney)
• Best Private Bank in Mauritius ‘2011 (Euromoney)
• Quality Recognition for achieving high Straight Through Processing Rate for payments and transfers ‘2010 (Citi Bank) Most Innovative Bank in Mauritius ‘2008 (World Finance)

Recent Milestones

edit

• 
  AfrAsia Bank Limited — Awarded 'Best Private Local Bank in Mauritius' 2012, 'Best Private Bank for the Super Affluent in Mauritius' (Euromoney) +HR Leadership Award (World HRD Congress 2012) (2/1/12)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Acquisition of 35% stake in Kingdom Financial Holdings Limited (Zimbabwe) (1/31/12)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Key sponsor of AfrAsia Golf Masters International Tournament (12/13/11)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Increase to 50% stake in AfrAsia Corporate Finance (12/1/11)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Launch of Renminbi Yuan Services (10/1/11)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Launch of AfrAsia Global Custody services in association with ABN AMRO Bank (4/28/11)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Launch of South African Representative Offices in Durban (2/28/11)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Voted Best Private Bank in Mauritius 2011 by Euromoney Magazine (2/16/11)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Launch of ACM India Focus Fund (12/9/10)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Acquisition of 50% of AXYS Capital Management to enhance our Private Banking Offering (4/7/10)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — Launch of South African Representative Offices in Cape Town and Johannesburg (2/24/10)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — First local bank to obtain a Foreign Institutional Investor (FII) license from Securities and Exchange Board of India (SEBI) (11/23/09)
  Posted 3/17/12 at 5:31am via afrasiabank.com
• 
  AfrAsia Bank Limited — First bank in Mauritius to launch a credit card mileage program – In partnership with British Airways (11/1/09)
  Posted 3/17/12 at 5:31am
• 
  AfrAsia Bank Limited — Most Innovative Bank in Mauritius 2008 – Awarded by World Finance (UK) (9/1/08)
  Posted 3/6/12 at 2:37am
• 
  AfrAsia Bank Limited — Launch of first Titanium MasterCard Credit Card (4/1/08)
  Posted 3/6/12 at 2:32am via afrasiabank.com

Videos

Sources

Launch of first Titanium MasterCard Credit Card (cards.afrasiabank.com) [edit]
Most Innovative Bank in Mauritius 2008 – Awarded by World Finance (UK) [edit]
First local bank to obtain a Foreign Institutional Investor (FII) license from Securities and Exchange Board of India (SEBI) (afrasiabank.com) [edit]
First bank in Mauritius to launch a credit card mileage program – In partnership with British Airways [edit]
Launch of South African Representative Offices in Cape Town and Johannesburg (afrasiabank.com) [edit]
Acquisition of 50% of AXYS Capital Management to enhance our Private Banking Offering (afrasiabank.com) [edit]
Launch of AfrAsia Global Custody services in association with ABN AMRO Bank (afrasiabank.com) [edit]
Voted Best Private Bank in Mauritius 2011 by Euromoney Magazine (afrasiabank.com) [edit]
Launch of South African Representative Offices in Durban (afrasiabank.com) [edit]
Launch of ACM India Focus Fund (afrasiabank.com) [edit]
Launch of Renminbi Yuan Services (afrasiabank.com) [edit]
Increase to 50% stake in AfrAsia Corporate Finance (afrasiabank.com) [edit]
Key sponsor of AfrAsia Golf Masters International Tournament (afrasiabank.com) [edit]
Acquisition of 35% stake in Kingdom Financial Holdings Limited (Zimbabwe) (afrasiabank.com) [edit]
Awarded 'Best Private Local Bank in Mauritius' 2012, 'Best Private Bank for the Super Affluent in Mauritius' (Euromoney) +HR Leadership Award (World HRD Congress 2012) (afrasiabank.com) [edit]