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mauritius BoM

BoM: The bank records a profit of USD 39 million for 2023

Mauritius Investment Corporation: a key player in Mauritius’ economic stability On May 7, 2024, the Bank of Mauritius (BoM) unveiled its 56th annual report and audited

madagascar BFM

BFM : 50 Ariary gold coins to mark 50th anniversary

A gold coin valued at USD 2,700 The celebration of the 50th anniversary of the Central Bank of Madagascar (BFM) is drawing to a close. The

Malagasy currency : The ariary still printed elsewhere

Up to 20 million USD in order to produce banknotes and coins by 2022 The Central Bank of Madagascar is holding off on minting its own

BFM : Introduces « Taha » to strengthen monetary policy

Interbank one-day loans « Taha » short for « Taha miantoka ny herin’ny ariary », is launched to bolster the national monetary market. This term, translating

maurtius SBM Bank TDB Group

Cooperation agreement between SBM Bank and the TDB Group

Enhancing business opportunities through partnership On Tuesday, April 16, at the SBM Tower in Port Louis, SBM Bank (Mauritius) Ltd and the Trade & Development Bank

madagascar bank tax relief BFM ECE

Banks call for tax relief

Taxation among the factors limiting business development Taxation is one of the main factors limiting the development of banking activities. This observation was made by three

bank of mauritius bank al-maghrib

BoM and Bank Al-Maghrib release a report on AML/CFT

First report published under the auspices of the GSBF During the Group of Francophone Banking Supervisors (GSBF) annual meeting on March 21, 2024, the Bank of

madagascar BNI MoneyGram

International money transfer : BNI partners with MoneyGram

Facilitating financial inclusion for Malagasy citizens BNI Madagascar announced on Friday, March 15, 2024, a strategic partnership with MoneyGram, a global leader in money transfer services.

mauritius MauBank ElleBoost

MauBank : Launch of the ElleBoost program

Commercial financing for women entrepreneurs In celebration of International Women’s Day 2024, MauBank Ltd is introducing the ElleBoost program, tailored specifically for women entrepreneurs in Mauritius.

mauritius patronus wealth holding HBM

Patronus Wealth Holding acquires Habib Bank of Mauritius

Soon to be known as Banque Patronus Ltd The Bank of Mauritius (BoM) granted a new banking license for this venture on February 27, 2024, marking

mauritius MCB group results

MCB Group : 2023 2nd semester results

Profit is up 16.7% compared to the previous year The MCB Group has announced robust financial results for the second half of 2023, with net profits

mauritius absa retail SMR banking

Absa acquires Retail Banking and SMR Banking from HSBC

HSBC commits to sustainable operations in Mauritius The Hong Kong and Shanghai Banking Corporation Limited, a fully-owned subsidiary of HSBC Holdings plc, has recently agreed to