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Tuesday, May 30, 2023

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Banking

7th African Banker Awards 2023: Harvesh Seegolam Is Central Bank Governor Of The Year

The African Banker Awards 2023 Gala Ceremony, the most prestigious event in the African banking calendar, was held on 24 May at Rixos Hotel...

Harvesh Seegolam: Sanctions Against Commercial Banks Have Paid Off

The commercial banks sanctioned by the Bank of Mauritius (BoM) for engaging in "unhealthy speculation on the foreign exchange market" have already paid their...

Your Coins For Change: Every Little Bit Counts!

The Mauritius Commercial Bank (MCB) will exchange coins until June 30, 2023. The 'Your coins for change' project will support the rehabilitation of youth...

The Annual Report Of The Bank Of Mauritius For The Year 2021-2022 Released

The annual report of the Bank of Mauritius for the year 2021-2022 was released on Wednesday. It shows that the Bank of Mauritius made...

The Bank Of Mauritius Hosts The Plenary Meeting Of The Group Of Francophone Banking Supervisors

The opening of the 2023 edition of the Plenary Meeting of the Group of Francophone Banking Supervisors (GSBF) took place on Thursday morning at...

Bank Of Mauritius Governor Issues Severe Warning Against Currency Speculators

The Governor of the Bank of Mauritius Harvesh Seegolam, met the press yesterday to shed light on the Mauritian rupee. He issued a stern...

Economic Outlook: Latest SBM Insights Forecast 5.2% Growth In 2023

After facing the unprecedented impact of the COVID-19 pandemic, the Mauritian economy recovered relatively quickly during 2022. Although macroeconomic vulnerabilities remain, this recovery -...

US: Silicon Valley Bank Collapses, Assets Seized

The run on Silicon Valley Bank (SVB), the biggest failure of a financial organization since the height of the financial crisis more than ten...

Former Goldman Sachs Banker, Roger Ng, Sent To 10-Year Prison Term In 1MDB Corruption Case

Roger Ng, a former banker for Goldman Sachs, was found guilty of aiding in the theft of billions of dollars from Malaysia's 1MDB national...

US President Joe Biden Nominates Former Mastercard CEO Ajay Banga To Head World Bank

Ajay Banga, a former CEO of Mastercard Inc, has been nominated by US President Joe Biden to head the World Bank. Biden is betting...
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