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Dear Clients and Friends of AfrAsia Bank,
I am pleased to present the latest issue of our newsleƩer which in part covers the
different acƟviƟes we have been involved in recently.
The bank’s strong performance has been truly encouraging, which has aƩracted world-
class shareholders. In that respect, we are honoured to welcome an important world-
class strategic partner, NaƟonal Bank of Canada (NBC), to our shareholding structure.
This partnership will give us an impetus for further growth and reinforce the posiƟon
of AfrAsia Bank in internaƟonal markets, while we conƟnue building bridges between
Africa, Asia and the world.
We have also announced about our subsidiary, AfrAsia Bank Zimbabwe Limited (ABZL)
ceasing its banking operaƟons in Zimbabwe due to difficult economic environment within
the country. While AfrAsia Bank remains a financially solid insƟtuƟon, well capitalised
with strong local and internaƟonal shareholders, it will conƟnue to focus its efforts on its
profitable core business lines and regional expansion as part of its strategic vision.
I am also pleased to share with you that we have been honoured in seven categories at
the Euromoney Private Banking Survey 2015, including the presƟgious “Best Private Bank
in MauriƟus”. These awards are a vivid tesƟmony of our conƟnued excellence in wealth
management and our global capabiliƟes to provide unparalleled financial soluƟons to
our customers.
We conƟnue to build on our sporƟng heritage and we are now in full swing preparing for
the AfrAsia Bank MauriƟus Open (ABMO) 2015. We teed off the first round of our Race
to ABMO series, which you will be able to read more in this newsleƩer.
I look forward to sharing more exciƟng news in the months ahead.
Wishing you a pleasant read.
Best regards
James Benoit, CFA
CEO