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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.

Banking

Mauritius Commercial Bank (MCB) Is Expanding To Nigeria

Staff -
Mauritius Commercial Bank (MCB) has disclosed plans to open an office in Africa's largest economy, Nigeria. MCB's Head of Corporate & Institutional Banking, Thierry...
Banking

SBM Holdings Ltd Continues To Grow In Q1 2022

Staff -
SBM Group has started its fiscal year 2022 on a strong footing. It recorded net profits of Rs 714.5 million for the first quarter...
Business & Finance

Intervention Of BOM Governor Harvesh Seegolam During Discussion On ‘Central Bank Digital Currencies And Financial Inclusion’

Staff -
Harvesh Seegolam, the Governor of Bank of Mauritius, spoke yesterday during an IMF discussion on ‘Central Bank Digital Currencies And Financial Inclusion’. The governor...
Banking

Single Largest Intervention By The BOM On The Domestic Foreign Exchange Market

Staff -
The Bank of Mauritius has, this Wednesday, intervened on the domestic foreign exchange market for an amount of USD 200 million, equivalent to Rs...
Banking

Fiscal Year 2021: SBM Group Posts Net Profits Of Rs 1.74 Billion

Staff -
SBM Group's financial results are positive! The financial year ending December 31, 2021, shows a profit after tax of Rs 1.74 billion. A good...
Banking

DBM Sets Up Loan Scheme For Grant-Aided Private Secondary Schools

Staff -
The Development Bank of Mauritius (DBM) Ltd will set up a loan scheme for grant-aided Private Secondary Schools for the construction of new educational...
Banking

SBM Publishes The Eleventh Edition Of SBM Insights

Staff -
The SBM Group has published a new edition of SBM insights®, as it proudly moves to expand and strengthen its engagement with its stakeholders....
Banking

The Bank Of Mauritius And The Commission De Surveillance Du Secteur Financier Of Luxemburg Sign A Memorandum Of Understanding

Staff -
The Bank of Mauritius (Bank) and the Commission de Surveillance du Secteur Financier (CSSF) have signed a Memorandum of Understanding (MoU). The MoU establishes...
Banking

Bank Of Mauritius Financial Stability Report: A Rising Optimism Among Banks

Staff -
The global economy rebounds in 2021 bolstered by improved business confidence and investors’ risk appetite, amid broadly accommodative monetary and fiscal policies. The pandemic...
Local News

EOY Bonus: Support Plan For SMEs Extended Until December 29

Staff -
Following the DBM's communiqué of December 18 regarding the support plan for companies that have difficulties in paying the 2021 year-end bonus to their...
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