private company industry financial services founded 2007 headquarters bowen square 10 dr. ferriere street port louis mauritius key people lim sit chen lam pak ng chairman sanjiv bhasin chief executive officer products corporate and investment banking private banking and wealth management international banking treasury revenue aftertax us 4.88 million mur 176 million 2015 operating income us 400 million mur 1.39 billion 2015 total assets us 2.1 billion mur 75 billion 2015 number of employees 234 2015 1 subsidiaries see narrative slogan bank different website afrasia bank limitied afrasia bank limited commonly known as afrasia bank is a private and corporate bank in mauritius . it is one of the commercial banks licensed by the bank of mauritius the country s central bank and the nation s banking regulator . 2 contents 1 overview 2 history 3 organizational structure 4 subsidiaries 5 ownership 6 branches 7 governance 8 see also 9 references 10 external links overview edit afrasia bank is a large financial services provider in mauritius and in the adjacent continental sub regions of southern central and eastern africa . as of june 2015 update the total asset valuation of the bank was approximately us 2.1 billion mur 75 billion with shareholders equity of approximately us 61.55 million mur 1.78 billion . 3 history edit the bank was founded in 2007 in mauritius . today the bank has subsidiaries in mauritius with representative offices in south africa and london . besides providing private banking & wealth management services the bank focuses on corporate & investment banking global business solutions and treasury . the corporate philosophy is to be the reference point for corporate and investment banking private banking and global business solutions linking mauritius and the africa asia trade corridor ... and beyond organizational structure edit the bank is organized into four major administrative divisions 4 corporate and investment banking private banking and wealth management international banking solutions treasury services subsidiaries edit as of june 2015 update afrasia bank limited maintains the following subsidiaries and agencies 5 afrasia capital management port louis mauritius 100 % shareholding afrasia corporate finance port louis mauritius 50 % shareholding afrasia cape town office cape town south africa representative office afrasia johannesburg office johannesburg south africa representative office afrasia london office london united kingdom representative office ownership edit as of june 2015 update the shareholding in the stock of the bank included the following corporations and individuals 6 afrasia bank stock ownership rank name of owner 1 gml a mauritian conglomerate 2 national bank of canada 3 proparco of france 4 intrasia capital of singapore total branches edit the bank maintains its headquarters and main branch at mauritius international financial centre bowen square 10 dr. ferriere street in port louis the capital and largest city in mauritius . also the bank has its branch at ebene showing its unremitting commitment to providing a distinctive customer experience at nexteracom ebene which also features the display of an 84 multi touch digital wall a first in sub saharan africa where clients and visitors have the opportunity to navigate through the screens to discover the bank s services and explore more about the brand . it also maintains a representative office in each of their south african cities ; namely cape town and johannesburg in addition the bank also maintains its presence in london . governance edit the bank is governed by a eleven person board of directors . the chairman of the board is lim sit chen lam pak ng one of the non executive directors . sanjiv bhasin serves as the chief executive officer . 7 see also edit list of banks in mauritius economy of mauritius references edit 1 list of licensed commercial banks in mauritius condensed audited financial statements for the year ended 30 june 2015 afrasia bank organizational structure subsidiaries shareholding in afrasia bank limited members of the board of directors external links edit website of bank of mauritius website of afrasia bank limited retrieved from https en.wikipedia.org w index.php title afrasia bank limited & oldid 705254867 categories banks of mauritiusbanks established in 2007port louishidden categories articles containing potentially dated statements from june 2015all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 16 february 2016 at 12 12 . text is available under the creative commons attribution sharealike license ; 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