AFC Merchant Bank (AFC) was incorporated as Asean Finance Corporation in Singapore in 1981. The Bank's shareholders are major financial institutions from 5 original members within ASEAN (Association of South-East Asian Nations) namely Malaysia, Philippines, Indonesia, Singapore and Thailand. AFC received its merchant banking licence from MAS (Monetary Authority of Singapore) in 1988 and assumed its current business name in 1991.
Mission and Principal Activities:
AFC’s mission is promotion of industrialization and economic development in the ASEAN region. The principal activities include merchant banking with a focus on the small and medium enterprises (SMEs).
Major shareholders:
Asfinco Singapore Limited
AFC Holdings (Malaysia) Sdn Bhd
PT Sarana Bersama Pengembangan Indonesia
Head office address:
AFC Merchant Bank
180 Cecil Street, #17-01
Bangkok Bank Building
Singapore 069546
Phone: (65) 6224 7155
Fax: (65) 6225 0727
Website: www.afcmerchantbank.com