AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 09
THE BANK
The Bank expanded its customer base through quality customer service with a can-do attitude allowing growth in loans
by 25% as compared to June 2014 and reaching MUR 21,7bn. Customer deposits increased by 63% over the year and stood
at MUR 66,9bn. The Bank’s loans to deposit ratio was at a conservative rate of 32%.
PROFIT AFTER TAX (BANK)
CAPITAL ADEQUACY RATIO (BANK)
OPERATING EXPENSES TO TOTAL
OPERATING INCOME (BANK)
RETURN ON AVERAGE EQUITY (BANK)
0
50
100
150
20 0
250
30 0
35 0
2013
30 3
2014
223
2015
175
MUR’ m
14
13
12
11
10
2013
12.5%
2014
13.1%
2015
13.7%
%
50
30
2013
48.9 %
2014
42 .0 %
2015
35.8 %
%
5
7
9
11
13
15
2013
14.8 %
2014
10.0 %
2015
6.5%
%