AfrAsia Bank Limited has strong strategic Mauritian and international shareholders to pursue its growth regionally and exceed clients’ expectations.
The Bank’s anchor shareholder is GML, the largest conglomerate in Mauritius. GML exists since 1939 and is today a well-diversified Group with strategic stakes in companies operating in the main pillars of the Mauritian economy: sugar and diversification, commerce and industry, financial services, talent sourcing, offshore, insurance, hospitality, real estate and biotechnology. The Group employs over 15,000 persons with a turnover of approximately MUR 29bn and asset size at MUR 46.5bn in 2013. GML is ranked first in the Top 100 companies in Mauritius for the last four years and third in the Indian Ocean.
For more information please visit www.gmltogether.com
SOCIETE DE PROMOTION ET DE PARTICIPATION POUR LA COOPERATION ECONOMIQUE S.A (PROPARCO)
Société de Promotion et de Participation pour la Coopération Economique (PROPARCO) is a development finance institution jointly held by Agence Française de Développement (AFD) and public and private shareholders from the North and South.
PROPARCO’s mandate is to foster private investment in emerging and developing economies with the aim of supporting the growth of companies and financial institutions with a major impact on development. Its operations span four continents, from major emerging economies to the poorest countries, from politically stable environments to fragile States. They cover the financial sector, infrastructure, mining, agriculture, manufacturing, services and microfinance.
PROPARCO strives to uphold responsible financing principles in all projects. Managing environmental and social risks is a key feature of its work.
For more information please visit www.proparco.fr
Intrasia Capital is an investment, development and boutique private equity firm based in Singapore with additional offices in Mauritius and Australia. Intrasia Capital is primarily focused on investing in and developing high growth international public and private companies in energy and resources, real estate, financial services and agricultural sectors. The Company is the second largest shareholder of the Bank and provides guidance and support to our international expansion.
For more information please visit www.intrasiacapital.com