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Friday, April 26, 2024

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SBM Group Posts Profits Of Rs 4.1 Billion For The First Nine Months Of Fiscal 2023

For the first nine months of the 2023 financial year, the SBM Group posted after-tax profits of Rs 4.1 billion, representing growth of 43%...

SBI (Mauritius) Celebrated Bank Day in Style

Last Saturday, SBI (Mauritius) celebrated Bank Day in style in a cultural evening at the Indira Gandhi Centre for Indian Culture, Phoenix. Mr Sommath...

A DBM Branch In Bamboo For Local Needs

The new branch of the Development Bank of Mauritius Ltd (DBM) was inaugurated, last Thursday in Bambous, by the Minister of Finance, Economic Planning...

Prime Minister Jugnauth Attends SBM Bank (Mauritius) Ltd Golden Jubilee

An official ceremony was organised, Friday at the Port Louis Waterfront in the presence of the Prime Minister, Mr Pravind Kumar Jugnauth, to celebrate...

MCB Expands Its Digital Offerings For Businesses With IB Pro

The 'Omnichannel' platform, which already includes Juice and Juice Pro, is now aimed at customers in the corporate, SME, association and foundation segments. With...

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...
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