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Friday, September 22, 2023

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Banking

Monetary Policy Committee Maintains Key Rate At 4.5

The 68ᵉ Monetary Policy Committee met on 15 September at the Bank of Mauritius. The decision was taken unanimously, according to BoM Governor Harvesh...

Harvesh Kumar Seegolam Earned An ‘A’ Grade By US-Based Global Finance Magazine

Harvesh Kumar Seegolam, has been ranked as a top central banker globally by US-based Global Finance magazine. He has been rated 'A' in the...

Rising Interest Rates Double HSBC’s Profits

After benefiting from rising interest rates in the UK and other countries, HSBC reported that its profits for the first half of the year...

Suspended Governor of Nigeria’s Central Bank Charged Over Misuse Of Funds

Complying by a previous order of either releasing or charging Godwin Emefiele, the Department of State Security (DSS) in Nigeria announced on Thursday it...

Euromoney Awards For Excellence: MCB Crowned For The 10th Year Running

For the 10th year running, MCB has been awarded the title of "Awards for Excellence: Best Bank in Mauritius 2023" by the prestigious Euromoney...

Michele Bullock, First Woman, To Head Australia Reserve Bank

In response to popular outrage over sharply rising interest rates, Australia selected a female, in a first, to lead its central bank, replacing the present governor with...

Moratorium And Lower Interest Rates: MauBank Relieves Its Loan-Holding Customers

MauBank announces the introduction of a support plan to relieve its customers, housing loan and student loan holders, as well as entrepreneurs with SME...

British Judge Places Mozambique’s “Tuna Bonds” Scam Case For Trial

A London judge ruled on Monday that Mozambique's massive case against Credit Suisse and others over the $2 billion "tuna bonds" scam can go...

BOM Warns Public To Be Cautioned Against ROYAL INVESTMENT CONSORTIUM

Last week , the Bank of Mauritius has issued a press release informing the public to be cautioned against an entity by the name...

Pan African Central Bank Conference On Risk And Reserve Management

The closing ceremony of the Pan African Central Bank Conference on Risk and Reserve Management, hosted by the Bank of Mauritius (BoM) from the...
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