AfrAsia Bank Limited, commonly known as AfrAsia Bank, is authorized and regulated by the Bank of Mauritius[2] and the Financial Services Commission. Headquartered in the Mauritius International Financial Centre with representative office in South Africa, AfrAsia specialises in banking that builds bridges between Africa, Asia and the World.
History
AfrAsia Bank was officially launched in Port Louis, Mauritius in 2007. The following year, the Bank launched the very first AfrAsia Titanium Mastercard credit card on the island and was the first local Bank to have acquired a Foreign Institutional (FII) Investor License to facilitate global business flows into India. In 2010, to expand their physical footprint in Africa and reinforce their reach across the continent, the Bank opened a representative office in Johannesburg, South Africa.
In 2014, AfrAsia Bank opened its second branch on the Island in Ebene whilst embracing the concept of a “digital branch” and The National Bank of Canada embarked on the Bank Different journey as a new major shareholder. During that same year, the Bank became the title sponsor for the AfrAsia Bank Mauritius Open – the first worldwide tri-sanctioned tournament endorsed by the European, Sunshine and Asian Tours offering a prize purse of EUR 1m.