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AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 165
On the domestic market, the Bank now serves 85% of the Top 100 companies and have used its strong capital adequacy and liquidity
to deepen relationships in the long-term.
2. Business Principles & Code of Ethics
In view of strengthening anti-corruption measures, AfrAsia Bank Limited provides resources and training to all customer-facing
employees, Compliance Officers and Money Laundering Officers. An annual money laundering refresher course is also provided to
all employees.
This principle allows the Bank to understand its customers and
their financial dealings in order to serve them better, manage
risks prudently as well as build privileged relationships.
Know Your Customer principle
AfrAsia Bank Limited has been awarded as ‘Best
Transport Infrastructure Deal in EMEA’ for its
support in the ‘Ethiopian Railways Corporation’s
rail infrastructure upgrade by the international
magazine EMEA Finance.
The Bank continues to contribute towards
developing the main pillars of the economy,
including the Financial & Business Services, Tourism
and Manufacturing industries.
1. Long-Term Financing of the Economy
Financial and
Business Services
18%
Global Business
Licence Services
16%
Tourism
13%
Manufacturing
12%
Personal
8%
Traders
8%
Construction
7%
Other
18%