BOM Mauritius

Fraud: BoM Warns

Bank of Mauritius (BoM), in the statement, warned the public against fraud that used its name and associates with Governor.

11 Apr 2013, business.mega.mu

Preserve the Integrity of Financial System at Mauritius

Financial system is based on trust and own jurisdiction. Maurice stepping up efforts to defend its image on the international level and emerge as a regional financial center. Regulators, including the FSC and the BoM, working also in this direction.

09 Apr 2013, business.mega.mu

Whitedot Case: 1,100 Complaints to the BoM

The Special Desk of Bank of Mauritius (BoM) opened in the wake of the Whitedot case received to date, 1,100 complaints and 550 calls. Controller target "potential abuse of the banking sector" in the context of an investigation of financial pyramids made by several companies.

08 Apr 2013, business.mega.mu

Investment Schemes

The collapse of the investment scheme offered by the company Whitedot revealed several flaws in the system, both controllers as the lack of investor caution. Such plans take advantage of the naivety of gullible, shortcomings in the law, but a little depth and limited coordination between different regulatory bodies.

03 Apr 2013, business.mega.mu

Alleged Fraud of Rs 700 Million: BoM Had Received an Anonymous Letter Nov. 27, 2012

The alleged fraud of Rs 700 million from a Ponzi scheme caused much ink to Mauritius. Why the authorities have been slow to break before? Defi Media learned that the Bank of Mauritius had been informed of the matter at November 27, 2012. The anonymous letter, however, is not reached the Gouverneur Bheenick.

03 Apr 2013, business.mega.mu

Unauthorized Deposits: New Warning from BoM

The Bank of Mauritius yesterday launched a new warning to members of the public who are attracted by individuals, companies or institutions that offer unauthorized deposit plans and are also bound rates of pay more attractive.

21 Mar 2013, business.mega.mu

The BoM Survey Local Businesses

The Bank of Mauritius investigate some local businesses. It wants to know the extent of their trade with their foreign counterparts.

11 Feb 2013, business.mega.mu

Banks: Electronic Check Clearing in Full Operation

Officially launched in September 2011 by the Bank of Mauritius in collaboration with the Mauritius Bankers Association, the "Cheque Truncation System" is now entering an important phase with a total membership of commercial banks electronic clearing system checks.

05 Feb 2013, business.mega.mu

The Bank of Mauritius Investigating a False Bank

The Bank of Mauritius warns Mauritians against a company calling itself "Poshbank." Based in Bell Village, the company would offer products and services in the public banks through its website www.poshbank.com .

22 Jan 2013, business.mega.mu

M-Banking and M-payment: Draft Guidance Circulating

The Bank of Mauritius (BoM) has issued a draft guidance to regulate mobile banking (M-Banking) system and mobile payment (M-Payment) in Mauritius. This paper focuses on service providers and mobile banking mobile payment.

26 Dec 2012, business.mega.mu

Monetary Policy Committee: the Repo Rate kept at 4.9%

The " Monetary Policy Committee "(MPC) of the Bank of Mauritius opted for the status quo in that it is the rate which is maintained at its current rate is 4.9%.

27 Nov 2012, business.mega.mu

Alleged Mistreatment of Records: The Central Bank Survey of MCB

The Bank of Mauritius has initiated an investigation of the Mauritius Commercial Bank (MCB). A customer, whose company was put into "receivership", complained of the treatment of his case. The MCB replies that it will cooperate with the Central Bank.

16 Jul 2012, business.mega.mu

Currencies: Exporters Want to Sell Directly to BoM

Commercial banks are preventable! If they do not reduce their margins, the Bank of Mauritius plans to open a window for the Mauritius Export Association (Mexa) that can sell its currency directly to it.

19 Jun 2012, business.mega.mu

Visa Mauritius Educates Customers On Expenses

The Bank of Mauritius (BoM) has underlined that domestic debt amounted to Rs 52,955.3 million in October owing to regular purchases and construction projects.

09 Dec 2011, business.mega.mu

La Banque de Maurice Donne le Coup D’envoi du Programme de Soutien aux PME

Le programme de soutien aux Petites et moyennes entreprises (PME) en matière d’accès aux Finances, annoncé dans le premier budget de Xavier Duval, fonctionne déjà à plein régime depuis ce jeudi 2 décembre.

03 Dec 2011, business.mega.mu

BoM sells Rs7.30 million treasury bills

In its monthly statistical bulletin published on October 20, the Bank of Mauritius (BoM) stated that it issued Government of Mauritius Treasury Bills for a total nominal amount of Rs 3,200 million through the weekly primary auctions. Between the last auction in August 2011 and the last auction in September 2011, the weighted yields for [...]

27 Oct 2011, The Independent Daily

CTS Case: Tender validity lapsed on 31 December 2008, provides the Central Bank

Reacting to an article published on Tuesday, October 18 lexpress.mu, the Bank of Mauritius issued a statement on its website to clarify two pieces of information.

20 Oct 2011, business.mega.mu

Une société étrangère envisage une injonction contre le système de vérification des chèques

Sybrin Ltd, une compagnie sud-africaine, soumettra une demande d’injonction cette semaine. Elle conteste l’allocation du contrat de Cheque Truncation System (CTS) à une firme suédoise par la Banque de Maurice. Paul Bérenger envisage, lui, d’en faire le sujet d’une Private Notice Question (PNQ).

18 Oct 2011, business.mega.mu

The Bank of Mauritius published financial stability report

Several sectors of the economy such as banking, insurance, stock market and insurance were assessed

01 Sep 2011, business.mega.mu

BoM indicates 7.6 pc fall in corporate credit

The Bank of Mauritius (BoM) published its financial stability report and reviewed the global and domestic macro-financial developments and analyses potential risks to the financial system stability. Several sectors of the economy such as banking, insurance, stock market and insurance were assessed. During the first semester of 2011, corporate credit fell but a gowth of [...]

01 Sep 2011, The Independent Daily