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AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 25
CORPORATE AND INVESTMENT BANKING
ACHIEVEMENTS
STRATEGY
OPPORTUNITIES
To consolidate our position on financing of
conglomerates and increase our share of
business on the overall corporate market,
with key focus on trade finance and foreign
exchange capabilities respectively
To lay emphasis on excellent service quality
and to have a diversified assets book
Relationships with more than 85% of the
Top 100 bankable companies in Mauritius
Significant growth of 26% in Corporate
assets
Breakthrough with large corporate
customers in relation to FX (+11%) and
trade finance business with significant
contribution to Net Interest Income
To grow the international Corporate and
Investment banking through organic client
acquisition where significant cross sell
opportunities exist and to consolidate the Bank’s
extensive FI network
Expanding corporate customer base to include the
300 top corporates as well as selective
businesses in Madagascar and the region
Tailor made financing for real estate projects to
cater for promoters & end-buyers
RISKS
An increasing level of competition in
the banking sector
General political and economic risks
which currently face emerging markets
STRATEGY
OPPORTUNITIES
ACHIEVEMENTS
RISKS
TREASURY
Among the top three banks in terms
of market share in the domestic FX
Turnover as well as Treasury trading
income
To be the preferred provider of FX
and Interest Rate instruments as well
as structured solutions to our clients
in Mauritius and the region
As customers grow more savvy and have
more appetite for innovative products with
yield enhancement ideas in the current low
interest rate environment, AfrAsia Bank
Limited is poised to provide different types
of investment products to cater for the
sophisticated investor community
The constant excess in MUR liquidity
coupled with the fall in interest rates
continue to put pressure on our balance
sheet management during the year
The Bank continues to manage those risks
by the deployment of the excess liquidity in
Government papers and FX swaps
Competition among Banks