Wallets/afrasia-bank
AfrAsia Bank (Mauritius)
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Overview
AfrAsia Bank (Mauritius) is Mauritian commercial bank focused on private + wealth banking + corporate banking + one of Mauritius's leading private banks + AfrAsia Bank Wealth Report publisher [1, mu-cro].
History
Sep 2007 — AfrAsia Bank Limited founded in Mauritius distinctive Mauritian private banking heritage (joint venture of National Bank of Canada + Mauritian institutional shareholders pre-2017).
2017 — Yatra Capital + Intrasia Capital + National Bank of Canada divestment + Mauritian institutional shareholder consolidation.
2014 — AfrAsia Bank Mobile Banking app launch.
Ownership & operator
Operating entity: AfrAsia Bank Limited (Mauritian commercial bank focused on private + wealth banking + corporate banking).
Major shareholders: National Bank of Canada (TSE: NA; legacy founding partner) + Intrasia Capital + Yatra Capital + Mauritian retail + institutional + foreign investors.
Regulators: BoM (Bank of Mauritius).
Technical integration
AfrAsia Bank Mobile Banking app (iOS + Android) + afrasiabank.com online + AfrAsia Bank branch network across Mauritius + South Africa + AfrAsia Bank Visa + Mastercard cards; MauRIS.
Implementations & partners
Major Mauritian + African banking competitors: [[mcb-mauritius]] (Mauritius Commercial Bank MCB; SEM: MCBG; Africa's oldest commercial bank since Sep 1 1838 + ~1M MCB Juice mobile banking users + ~40% MU banking market share + one of largest African banking groups + 9-country footprint) + [[sbm-mauritius]] (SBM Bank Mauritius; SEM: SBMH; Mauritian commercial bank + Mauritius's #2 commercial bank by assets + 5-country footprint) + [[absa-mauritius]] (Absa Mauritius; Absa Group South African parent subsidiary) + [[stanchart-mauritius]] (Standard Chartered Mauritius) + [[hsbc-mauritius]] (HSBC Mauritius).
Regulator: BoM.
Status
Active, Mauritian commercial bank focused on private + wealth banking + corporate banking + one of Mauritius's leading private banks + AfrAsia Bank Wealth Report publisher [1, 2].
Sources
- 1 AfrAsia Bank — official
- 2 AfrAsia Bank — Wikipedia
- mu-cro In-corpus:
reports/countries/MU-mauritius.md
Source
Biography extracted from afrasia-bank.md. See matrix.md for standards-support matrix if present.