BOM Mauritius
BoM Introduces New Parameters For Bank Loans
The Bank of Mauritius (BoM) has issued its new 'guidelines' for the banking sector. From 1 July 2014, commercial banks must meet certain limits and that it is the financial aid given to certain sectors.
05 Dec 2013, business.mega.mu
BOM Report 2012-2013: Total Profit of Rs 13.8 Billion for Commercial Banks
Commercial banks operating in Mauritius recorded for the fiscal year ending June 30, 2013 the total profit of Rs 13.8 billion against Rs 2.6 billion in 2011/2012 and Rs 11.9 billion in 2010/2011.
20 Nov 2013, business.mega.mu
BoM Concerned about the Risks of Bank Lending
The Bank of Mauritius is concerned "by the increasing level of risk associated with loans in certain sectors of the economy. The risk of a bubble in asset prices looming in the housing market could become a source of vulnerability for the financial system. "
07 Oct 2013, business.mega.mu
BoM Makes War on Liquidity Excess
BoM Wednesday took two decisions aimed partly to raise the Cash Reserve Ratio (CRR) deposits denominated in rupees. And secondly, to reduce the CRR on deposits in dollars, euros and pounds sterling.
03 Oct 2013, business.mega.mu
Debates, Overnight Rate: Is Decline Truly Solution
The monetary policy committee will meet again today. If exporters are in favor of maintaining the rate in the worst case and a lower rate in the best case, many observers argue that such a decision will not change the situation. Here are their views.
30 Sep 2013, business.mega.mu
BoM: Issa Soomally Named "Second Deputy Governor"
It is confirmed! Issa Soormally, "Senior Vice President - Sales" on Bramer Bank, will be the new "Second Deputy Governor" of the Bank of Mauritius. He will succeed Iqbal Belath whose contract is expired. Issa Soormally assume his new role from October.
21 Sep 2013, business.mega.mu
Institutions Financieres : La BoM Pour Un Traitement « Efficace » Des Doléances
Réponse écrite au plaignant exigée dans un délai de trois mois suivant la réception d’une doléance
02 Sep 2013, business.mega.mu
Phishing and Pseudo-Financial: BoM Warns
The Bank of Mauritius warns the public against bogus providers of financial services that attract customers on the net, especially on social networks such as Facebook, Twitter, LinkedIn and others. Users are now warned.
14 Aug 2013, business.mega.mu
Bank Charges: The Financial Windfall of Commercial Banks
In addition to the segment B (international business), the Mauritian commercial bank can rely on their bank charges to increase their profitability. Let's take a little tour of banking horizon to see what they have amassed as 'fees and commissions' during the 2012 fiscal year.
09 Aug 2013, business.mega.mu
Rundheersing Bheenick: "The Situation is Not Dramatic"
The local economic situation is not dramatic, and some sectors of the economy will experience an improvement this year compared to last year.
19 Jun 2013, business.mega.mu
Ponzy Schemes: Five Banks (MCB, SBM, SBI, MPCB, AfrAsia) May Appeal
The names of the five banks will have to pay fines for failing to comply with the directives on money laundering scams alleged Ponzi scheme are now known. It is the Mauritius Commercial Bank, State Bank of Mauritius, the State Bank of India, the Mauritius Post and Cooperative Bank and Bank AfrAsia.
13 Jun 2013, business.mega.mu
Non-Compliance: Names of the Five Punished Banks Known
Radio Plus revealed Wednesday, June 12 the names of the five banks will be penalized for failing to comply with strict guidelines on money laundering scams under the Ponzi scheme. This is the Mauritius Commercial Bank, State Bank of Mauritius, the State Bank of India, the Mauritius Post and Cooperative Bank and Bank AfrAsia.
13 Jun 2013, business.mega.mu
Sanctions Will Fall: Five Banks Liable to Fine
The five banks know their individual penalties for failing to comply with strict guidelines on money laundering scams under the Ponzi scheme. According Rundheersing Bheenick, the "price tag" for "not having been prudent."
13 Jun 2013, business.mega.mu
Secteur Bancaire: La Banque de Maurice Tire la Sonnette d’Alarme
Manou Bheenick : « This bad deal (Rs 2,7 billion of four of our banks) in India sends a warning signal to the banking sector »
11 Jun 2013, business.mega.mu
Ponzi Schemes: "Heavy Penalties "Five Banks"
They had been criticized from all sides when the Ponzi financial scandals have come to light. The ax will soon fall. Five banks will bail "heavy fines" after submitting their explanations to the Bank of Mauritius (BoM).
09 Jun 2013, business.mega.mu
Prêts Impayés par des Clients Indiens : La BoM Disposée à Aider les Banques Affectées
Des crédits de plusieurs milliards de roupies octroyés par quatre établissements mauriciens
01 Jun 2013, business.mega.mu
The Bank of Mauritius Will Issue Plastic Banknotes Soon
The Bank of Mauritius will soon issue banknotes plastic, specifically polypropylene. This was announced by Deputy Prime Minister and Finance Minister Xavier-Luc Duval, on his Facebook page, in the evening this Friday, May 24
25 May 2013, business.mega.mu
Rundheersing Bheenick about Ponzi Schemes "No Jurisdiction is Immune"
The Bank of Mauritius (BoM) Thursday granted a new operating permit at Barclays. During the official ceremony, the Governor returned to scams according to Ponzi scheme.
24 May 2013, business.mega.mu
Rundheersingh Bheenick Renewed at the Head of the Bank of Mauritius for Three Years
Rundheersing Bheenick begin from Tuesday's third term as Governor of the Bank of Mauritius. His contract was renewed for the next three years, until May 2016. A decision that is welcomed by both economists and the private sector.
21 May 2013, business.mega.mu
Clairette Ah-Hen, "Why the FSC Has Not Seen the Future Ponzi Schemes"
Under pressure from the discovery of a series of Ponzi schemes in Mauritius, the Financial Services Commission (FSC) announced more frequent meetings with the Bank of Mauritius and the police. Its Chief Executive , Clairette Ah-Hen, why the regulator of the financial sector did not know.
23 Apr 2013, business.mega.mu