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Afrasia Bank Zimbabwe Limited information


Afrasia Bank Zimbabwe Limited
Company typePrivate
IndustryFinancial services
Founded1997 (1997)
Defunct2015; 9 years ago (2015)
FateClosed its banking services in Zimbabwe and moved to Mauritius
Headquarters
Harare
,
Zimbabwe
Key people
Sibusisiwe Bango (Group Chairman)[1]
ProductsLoans, Checking, Savings, Investments, Debit Cards
RevenueUS$3.3 million (2012)
Total assetsUS$201 million (2012)
ParentAfrAsia Bank Limited
Websitewww.afrasiabank.com

Afrasia Bank Zimbabwe, was a commercial bank in Zimbabwe that was a subsidiary of AfrAsia Bank Limited. It was one of the regulated banking institutions licensed by the Reserve Bank of Zimbabwe, the country's central bank and national banking regulator.[2]

The bank stopped providing banking services in Zimbabwe in 2015 and the central bank cancelled its license soon afterwards. The bank moved its operations to its parent in Mauritius.[3]

  1. ^ Sibusisiwe Bango Is Group Chairman
  2. ^ List of Registered Banking Institutions In Zimbabwe Archived 2012-04-17 at the Wayback Machine
  3. ^ "AfrAsia Bank ceases banking operations in Zimbabwe". Africa Global Funds. 4 March 2015.

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