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CATEGORY

Banking

Get to know the latest news from the world of banking over here. Read about the latest financial decisions, banking laws and much more.

Global

Paypal To Research Transactions That Fund Hate Groups, Extremists

Staff -
PayPal Holdings Inc has partnered up with the non-profit organisation Anti-Defamation League (ADL) in order to investigate the method that extremist and hate movements...
Banking

Covid 19: Reopening Offices Of CIM Finance In Port-Louis

Staff -
CIM Finance staff who came into contact with the employee tested positive to Covid-19, were all subjected to a PCR test on Tuesday 6th...
Banking

Dawood Rawat (BAI) Appeal Set Aside By The Brussels court

Staff -
Dawood Rawat attempts to overrule a former judgment has failed before the Tribunal de Premiere Instance de Bruxelles. Mr Rawat had initially-instituted proceedings of...
Banking

Maubank: Temporary Closure Of Pope Hennessy And Ebene Branches

Staff -
Maubank informs the public that its branches located at Pope Hennessy Street in Port Louis, and Ebene will remain closed until further notice following...
Banking

Bonnie Qiu: The New Chairperson Of The MBA

Staff -
The Mauritius Bankers Association held its Annual General Meeting on Wednesday 30 June 2021. Ms. Bonnie Qiu, Chief Executive Officer of The HongKong &...
Banking

BOM Sells $ 575 million Since January 2021

Staff -
The Bank of Mauritius has intervened 19 times on the domestic foreign exchange market and an overall amount of $ 575 million of the...
Banking

Anoop Nilamber Is The New CEO of SBM

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Anoop Kumar Nilamber, the current Chief Executive Officer (CEO) of Airports of Mauritius has been appointed as the CEO of SBM. Anoop Nilamber holds...
Banking

Mark Florman Succeeds Lord Meghnad Desai As CEO Of MIC

Staff -
Increasingly under pressure from the International Monetary Fund who calls upon the Bank of Mauritius to pull back funds and relinquish its ownership, the...
Banking

Bank Of Mauritius Calls 28 Billion MUR Not A Loan To Government

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The Bank of Mauritius specifies that the balance of "Rs 28 billion" is not a "loan" and will not impact the public debt. The press...
Economy

Public Debt: A Major Cause For Concern

Staff -
The last Article IV Mission of the International Monetary Fund (IMF) to Mauritius has highlighted the need for fiscal consolidation to stabilize public debt...
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