Banks Mauritius
Eight Banks Singled Out By Competition Commission
The practice of some banks require their customers to take an insurance policy under a mortgage is contrary to our laws. CCM cites eight banks abusing their position.
31 Aug 2012, business.mega.mu
Un Partenaire Stratégique Envisagé pour la Banque de Développement
La Development Bank of Mauritius Ltd (DBM) se trouve dans une mauvaise passe. L’organisme se trouve avec une ardoise de Rs 263 millions qui s’est accumulée durant ces dernières années. Face à cette situation la direction cherche des options afin qu’il soit rentable et plus efficace.
21 Aug 2012, business.mega.mu
Bank of Baroda Opens New Branch at Rose Belle
The Bank of Baroda, which celebrates this year its 50 years of operation in Mauritius, has inaugurated a new branch in Rose Belle, opposite the Area health centre on Wednesday.
28 Jul 2012, business.mega.mu
Jairaj Sonoo Became CEO of the State Bank of Mauritius
He made a triumphant return to the SBM after leaving it, two years ago to join the Bramer Bank. There is replaced by Ashraf Esmael.
25 Jul 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
Two Motorcyclists Rob Barclays Bank on Desforges Street
Two men wearing full-face helmets and carrying swords have committed a robbery at Barclays Bank Desforges Street. No police officer was on duty outside the institution, which facilitated the robbery.
14 Jul 2012, business.mega.mu
Investment Market: Axys and AfrAsia Rely on Product with Limited Risk and Attractive Returns
The purchase of bonds from a list of selective products such as Treasury bills, bonds issued by the State, or corporate bonds remains a priority in the strategy of both operators.
05 Jul 2012, business.mega.mu
Fraud: Rs 3M Jaya Gengathora Pillay for 'Laundering'
Advance the police in its investigation. A new head has fallen in the case Bramer Bank. A former manager of the State Bank of Rose-Belle, Jaya Gengathora Pillay, was arrested Thursday. It would have helped the beneficiaries of the fraud to be converted and pocket their share of the booty.
22 Jun 2012, business.mega.mu
Detroit Man Gambles Away $1.5 Million Accidentally Given By ATM
Ronald Page seemingly had it made when Bank of America unintentionally changed his account status, allowing the 55-year-old man to make unlimited ATM cash overdraft withdrawals.
21 Jun 2012, business.mega.mu
Partnership SBI (Mauritius) and Island Life Insurance: Banking and Insurance Under One Roof
Jugdish S. Hiremath, Managing Director and Chief Executive Officer (CEO) of SBI (Mauritius) Ltd and Vinarayakumar Balakrishnan, General Manager of Island Life Insurance, sealed their alliance at a ceremony Wednesday, May 16, 2012 at Le Labourdonnais , Port Louis to provide all banking services and insurance.
17 May 2012, business.mega.mu
Retail Bank: Competition is too Fierce for Some Banks?
The Retail segment of the banking sector would not it more interesting for some commercial banks? With about 25% market share to be shared between more than a dozen banks, the competition seems increasingly fierce.
26 Mar 2012, business.mega.mu
Rundheersing Bheenick Nommé Meilleur Gouverneur de Banque Centrale d’Afrique
Le gouverneur de la Banque de Maurice, Rundheersing Bheenick, a été mis à l’honneur par la prestigieuse publication britannique The Banker, une publication du Financial Times de Londres.
06 Mar 2012, business.mega.mu
Crédit aux PME: 146 Demandes pour un Montant de Rs 233,7 M
Du 1er décembre 2011 au 31 janvier 2012, il y a eu 146 demandes de crédit pour un montant total de Rs 233,7 millions de la part des petites et moyennes entreprises dans le cadre du Small and Medium Enterprises Financing Scheme qui a été annoncé dans le dernier Budget.
05 Mar 2012, business.mega.mu
Online Banking Fraud: More Cases Reported to Police
The Internet banking seems to have become the new hunting ground for hackers. Several cases of bank fraud online have been reported to the police. An investigation is currently underway to determine the identity fraudsters.
02 Mar 2012, business.mega.mu
Mystery Shopping: Banks Refuse to Communicate
Some banks do not show their bank charges so that consumers have the right to information.
01 Feb 2012, business.mega.mu
La Banque de la COMESA Veut Investir Dans L’Hôtellerie, L’Agro-Industrie et la Pêche
L’Eastern and Southern Africa Trade and Development Bank (PTA Bank) se dit prêt à investir massivement à Maurice.
16 Dec 2011, business.mega.mu
Banks scramble to go green
After the State Bank of Mauritius (SBM), the Mauritius Commercial Bank (MCB) has followed suit by adopting the e-statement service. The customers of the MCB are invited, starting this week, to switch to an e-statement. The service allows customers to receive bank account and credit card statements via e-mail. An e-statement is a replica of [...]
23 Aug 2011, The Independent Daily