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AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 149
From a Corporate Banking perspective, the Bank uses its
Mauritius, South African and London Representative offices
to build relationships in those markets with corporate clients
looking to retain, manage and expand their presence in African
countries and who have a need for a banking partner to support
those activities. AfrAsia Bank Limited has a team of dedicated
Relationship Managers in its various offices supporting its
clients and these initiatives.
Through its subsidiary, AfrAsia Corporate Finance, based out
of South Africa and Mauritius, the Bank is able to offer clients
tailor-made advisory and capital raising services.
Opportunities and challenges in Africa
The opportunities in Africa are enormous as it remains a diverse
environment with multiple offerings across different sectors and
markets. Africa still presents unique investment opportunities
and attractive returns. The Continent does not however come
without its challenges. Some of the key macro risks in general
remain political stability, operating in complex regulatory
environments, volatile exchange rates and the dependency on
Africa to a large extent on the relative success of other emerging
economies such as China. AfrAsia Bank Limited adopts both a
macro and micro management approach in assessing these
risks on a constant basis.
Future outlook
AfrAsia Bank Limited maintains its view that Africa is the future
and remains committed to supporting this growth in a selective
manner across the various product offerings of the Bank.
Its objective is to build long-term partnerships with its clients
operating in the dynamic and challenging but rewarding world
that lies within Africa.