AfrAsia Bank Limited wishes to inform its clients and the public that the resignation of James Benoit and Kamben Padayachy bears no relation to current investigations. The Bank also strongly denies any type of alleged association with illegal investment products.
AfrAsia Bank Limited operates within a rigorous corporate governance framework as well as strict parameters set forth by local and international regulators. The Bank reiterates its commitment to principles of integrity and transparency in all its dealings.
With a strong capital base of MUR 4.9 billion as at 30 June 2015 and trust from its major shareholders, namely GML Investissement Ltée, National Bank of Canada, Intrasia Capital Pte Ltd and PROPARCO, AfrAsia Bank is well positioned for future growth and to meet its ambitions for regional and international expansion.
AfrAsia Bank Limited
25 September 2015
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