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  • Home
  • Corporate Profile and Overview
    • About Afrasia bank
  • Corporate Governance Report
    • PRINCIPLE TWO – THE STRUCTURE OF THE BOARD AND ITS COMMITTEES
    • PRINCIPLE EIGHT – RELATIONS WITH SHAREHOLDERS AND OTHER KEY STAKEHOLDERS
  • Sustainability at AfrAsia
  • Risk Management Report
  • Management Discussion & Analysis
    • Business segments achievements
    • PROFIT OR LOSS AND OTHER COMPRHENSIVE INCOME REVIEW
    • FINANCIAL POSITION REVIEW
  • Statement of Management Responsibility for Financial Reporting
  • Financial Statements
    • Notes 1 - 2
    • Notes 3A-B
    • Notes 4 - 17
    • NOTES 18- 24
    • Notes 25 -34
    • Notes 35 - 37
    • Notes 38 - 41
  • Home
  • Corporate Profile and Overview
    • About Afrasia bank
  • Corporate Governance Report
    • PRINCIPLE TWO – THE STRUCTURE OF THE BOARD AND ITS COMMITTEES
    • PRINCIPLE EIGHT – RELATIONS WITH SHAREHOLDERS AND OTHER KEY STAKEHOLDERS
  • Sustainability at AfrAsia
  • Risk Management Report
  • Management Discussion & Analysis
    • Business segments achievements
    • PROFIT OR LOSS AND OTHER COMPRHENSIVE INCOME REVIEW
    • FINANCIAL POSITION REVIEW
  • Statement of Management Responsibility for Financial Reporting
  • Financial Statements
    • Notes 1 - 2
    • Notes 3A-B
    • Notes 4 - 17
    • NOTES 18- 24
    • Notes 25 -34
    • Notes 35 - 37
    • Notes 38 - 41

01

ABOUT THIS REPORT

Chief Executive Officer’s Message

AfrAsia in Numbers

About AfrAsia

Our Strategic Focus

About AfrAsia

02

CORPORATE PROFILE & OVERVIEW

Chief Executive Officer’s Message

AfrAsia in Numbers

About AfrAsia

Our Strategic Focus

How we create value

03

CORPORATE GOVERNANCE REPORT

Principle One - Governance Structure

Principle Two - The Structure of the Board and its Committees

Principle Three - Directors’ Appointment Procedures

Principle Four - Directors’ Duties, Remuneration and Performance

Principle Five - Risk Governance and Internal Control

Principle Six - Reporting with Integrity

Principle Seven - Audit

Principle Eight - Relations with Shareholders and Other Key Stakeholders

04

SUSTAINABILITY AT AFRASIA

Sustainability Strategy

Overview of our 4 Pillars of Sustainability

05

RISK MANAGEMENT REPORT

Risk Management Strategy

Credit Risk

Market Risk

Assets And Liabilities Management (ALM)

Enterprise Risk Management

Operational Risk Management

Information Technology

Business Continuity Management

Compliance

Reconciliation With AfrAsia Bank’sAudited Financial Statements

Related Party Transactions, Policies And Practices

06

MANAGEMENT DISCUSSION & ANALYSIS

Financial Review

Business Segments Achievements

Economic Outlook

The Mauritian Economy

Chief Financial Officer Statement

07

STATEMENT OF MANAGEMENT RESPONSIBILITY FOR FINANCIALS REPORTING

08

FINANCIAL STATEMENTS

Certificate from the Company Secretary

Independent Auditor’s Report

Statements of Profit or Loss and other Comprehensive Income

Statements of Financial Position

Statements of Changes in Equity

Statements of Cash Flows

Notes to the Financial Statements

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