Banks Mauritius
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
Restructuring DBM: Deloitte Submit Report to Cabinet
Deloitte has submitted its report to the restructuring of the Development Bank (DBM). Consultations with stakeholders are ongoing and a 'progress report' will be submitted to Cabinet. The bank will now focus solely on SME financing.
18 Mar 2013, business.mega.mu
Cards of SBM: Temporary Interruption of Operations March 14
Attention! If you are a customer of the State Bank of Mauritius (SBM), take precautions by withdrawing cash from an ATM (ATM) before the night of March 14 to 15.
12 Mar 2013, business.mega.mu
AfrAsia Named ‘Best Local Private Bank’
The 2013 Euromoney Private Banking and Wealth Management survey awarded AfrAsia Bank the ‘Best Local Private Bank in Mauritius’ for the second consecutive time during a ceremony held in London on February 21, stated a communiqué released on Monday.
05 Mar 2013, business.mega.mu
Recovery of Rainwater: Financing Plan Proposed by MCB
The Mauritius Commercial Bank (MCB) encourage Mauritians to invest in recovery systems rainwater. It launches the "Rainwater Harvesting Scheme" , a financing plan at a rate of interest of 5.65% per annum.
01 Mar 2013, business.mega.mu
Fall in Savings: Bank Interest Rates No Longer Attract the Mauritian
There is a close relationship between savings and economic growth. But Maurice, saving continues to fall in recent years. Where once, the savings rate was around 30% of Gross Domestic Product (GDP), nowadays it can not reach 20%.
28 Feb 2013, business.mega.mu
Corporate Reporting: PwC Awards 2013, Banks in Spotlight
MCB, SBM, AfrAsia, Bank One, Rogers and Air Mauritius winning
26 Feb 2013, business.mega.mu
Celebrating Spring Festival: Barclays Announces the Commencement of Trading in Renminbi
Barclays Mauritius will soon launch in transactions denominated in Renminbi, Chinese currency, announced Dajee Ravin, Managing Director of the bank, at a reception Friday evening at La Pirogue, in honor of clients in the community Sino-Mauritian part of the Spring Festival.
26 Feb 2013, business.mega.mu
Invest - Chinese Market: AfrAsia / AXYS Launches "China Note"
AfrAsia Bank and AXYS Capital Management launched in late January 2013, a new investment product, the ACM China Note with the aim to provide an opportunity for potential investors, both institutional and individual alike, to take advantage of the increase in stock market Chinese.
21 Feb 2013, business.mega.mu
Payment by Credit Card: Banks Ensure
The hectic pace of everyday life that we can not always find the time to queue at the bank or at a counter to settle our bills.
21 Feb 2013, business.mega.mu
DBM: Deloitte Provides Restructuring
Heavily indebted, Development Bank (DBM - Development Bank of Mauritius) turned to Deloitte to help with its restructuring. DBM is left with a slate of Rs 260 million accumulated in recent years with its creditors. A decision will be made later in June on the future of this institution.
20 Feb 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
Tertiary Education: Everything About Student Loans
The results stress the HSC past students are now focusing on their studies. But to study either full time, part time, Mauritius, abroad or by correspondence, requires significant funding especially with tuition, books and other living expenses to pay. In this period, banks come into play and compete in terms of offers. Here are five options.
10 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
Three Investment Options: How To Make Money Grow in 2013
You have savings? You want to invest a portion of the salary increase that you will end January with the payment of the PRB? But how to best monetize your investment? Three experts deliver their advice.
20 Jan 2013, business.mega.mu
Bramer Bank: Statement of Account Online
Customers of Bramer Bank can now access their account statements online. This new service has been introduced by the Bank in its policy of protecting the environment.
13 Jan 2013, business.mega.mu
7 Mauritian Banks in the African Top 100
MCB (25th) led the way, rising nine places compared to 2011
09 Jan 2013, business.mega.mu
Bank Ratings: The Century Banking Corporation Up
The main commercial banks in the country were rated "satisfactory" according to the CAMEL Ratings of the Bank of Mauritius made public Friday. Only major change: the note of the Century Banking Corporation Ltd Password "3 +" (fair) at December 31, 2011 "2 -" (satisfactory) to 30 June 2012.
31 Dec 2012, business.mega.mu
Graham Sheward: "Barclays is the Largest Banking Network in Africa"
Barclays Africa and Absa have confirmed their intention to merge next year. This will make the first Barclays banking network in Africa by branches and customers, with more than 1,500 points of sale and 14 million customers.
20 Dec 2012, business.mega.mu
Shopping: Easier and More Responsible with the MCB SmartPay
MCB launched MCB Cards SmartPay on Tuesday. This service provides a whole new way Mauritians to make installment purchases using the credit card.
19 Dec 2012, business.mega.mu