Banks Mauritius

Crédit : Les Nouveaux Devoirs des Banques Envers les Garants

La Banque de Maurice vient de publier un guide sur la divulgation de l’information aux garants. Ce guide, qui entrera en vigueur le 1er janvier 2014, vient établir les responsabilités des institutions financières envers les garants tout en préconisant que des relevés de compte écrite ou électronique soient envoyés aux garants qui facilitent l’octroi de crédit.

03 Oct 2013, business.mega.mu

"The Africa Report" Ratings 2013: Thirteen Mauritian Banks in the "Top 200" African

No less than 13 Mauritian commercial bank listed in the top 200 banking institutions in Africa, established by the magazine 'The Africa Report' and published in the September issue special devoted to finance.

01 Oct 2013, business.mega.mu

Barclays is Launching a Competition to Reward Social Work

Barclays Colours of Life Award . This is the name of the contest launched by Barclays Bank Thursday, Sept. 19. This national competition aims to reward social projects focusing on education, socio-economic development, the fight against social evils, welfare and the environment.

25 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

Standard Bank Mauritius Dismiss Forty Employees

They are still in shock. Forty employees of Standard Bank Mauritius received their roadmap Tuesday and Wednesday. They now find themselves on the pavement.

20 Sep 2013, business.mega.mu

Credit Card: Bramer Bank Offers 2% Cash Back

Bramer Bank has introduced a new concept in Mauritius in incentives related to credit cards: it offers the customer a 2% cash back on the debtor (outstanding balance) balance of your credit card by transferring the Bramer Bank. This offer applies for both new and for existing customers.

17 Sep 2013, business.mega.mu

Indian Banks Eye Mauritius Footprint To Tap Africa Potential

Looking to tap into the business potential offered by Africa, some Indian banks have expressed interest in setting shops in Mauritius.

15 Sep 2013, business.mega.mu

Les Crédits Sous Surveillance Surveillance

Mise en garde de la Banque de Maurice face au triplement de la croissance des crédits ménagers à la consommation.

14 Sep 2013, business.mega.mu

The Banks 'Net Fees and Commission' Reached Rs 5.3 Billion

At the end of March 2013, the 'Net Fees and Commission' commercial banks in the country rose 3.7% to Rs 5.3 billion. While revenues on interest (Net Interest Income), which remains the main source of income for banks rose Rs 3.2 billion during the year ending March 2013 to reach Rs 21.1 billion. Below is a sampling of bank charges of four banks.

12 Sep 2013, business.mega.mu

The Downturn Of The Indian Rupee

The Indian Prime Minister Manmohan Singh tried to reassure the Lok Sabha on the state of Indian economy on Friday, 30 August 2013 underlining the concern of his government and his reassurance of a quick recovery in the next six months.

10 Sep 2013, business.mega.mu

Ponzi Scheme: Possible Action Against The FSC

The Association Sale by Levy & Justice, whose president is Cangayen Pillay, flies to the rescue of the victims of Ponzi Scheme. The first action is announced possible legal action against the Financial Services Commission.

03 Sep 2013, business.mega.mu

Managing Customer Complaints By Banks: New Guidelines From 1st November

Financial institutions, including commercial banks, are prevented. From November 1, 2013, new guidelines of the Bank of Mauritius (BoM) come into force.

02 Sep 2013, business.mega.mu

Scammers On The Web

A case of phishing - the use of emails with fraudulent purposes - was recently found in Mauritius. Some customers MCB were victims of this practice. How was this scam? Folder.

29 Aug 2013, business.mega.mu

Mauritius Bank Warns Against International Lottery Scams

The Bank of Mauritius has warned citizens to beware of unsolicited emails, using the names of international lottery organisations, that are being sent to the island’s population with the intention to defraud them.

24 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

Why India's Corporate Bigwigs Want to be Bankers

From Tata, Birla and Ambani to ambitious financial services entrepreneurs, everyone sees money in a banking licence. But cut to the core, and what you find is a clear play on the India growth story, and not much else.

06 Aug 2013, business.mega.mu

DBM Restructuring : Procedures Entering a Final Phase

A Steering Committee set up to restructure the DBM worked hard to transform the bank will offer a wider range of services. Similarly, consultants Deloitte are working on the shift of the bank and have established a time.

02 Aug 2013, business.mega.mu

Mauritius Concrete Step Towards a "Cashless Society"

Nowadays, regarding the method of payment, technology takes the elevator and dethrones the use of cash. Credit cards, debit cards and credit and payment facilities are becoming more common.

31 Jul 2013, business.mega.mu

PTA Bank Come to Mauritius

The Deputy Prime Minister and Finance Minister Xavier-Luc Duval, and Chief executive officer of the PTA Bank Group will proceed tomorrow at the signing of an agreement for the establishment of the PTA Bank in Mauritius.

30 Jul 2013, business.mega.mu

Banking: Are Interest Charged Legal?

The compound interest, that is to say, the capitalization of interest charged by banks is it legal? Banks do they act in breach of the law or violate their legal provisions?

16 Jul 2013, business.mega.mu