BOM

Monetary Policy Committee: The key rate increases from 4% to 4.50%

Monetary Policy Committee: The key rate increases from 4% to 4.50%

The policy rate increases by 50 basis points, from 4% to 4.50%. Speaking to the press on Tuesday 4 February, the Chairman of the Monetary Policy Committee (MPC) of the Bank of Mauritius (BoM) and Governor of the BoM, Rama Sithanen, surrounded by his two deputies, Rajeev Hasnah and Gérard Sanspeur, discussed the reasons for this increase.

5 months ago

BoM declares war on money laundering

BoM declares war on money laundering

The new Rs 100, Rs 200 and Rs 1,000 notes that will come into circulation are an attempt to reverse the trend that is generated by the parallel economy, it is acknowledged in circles close to the Bank of Mauritius (BoM).

7 months ago

Bank of Mauritius: Rajeev Hasnah and Gérad Sanspeur confirmed

Bank of Mauritius: Rajeev Hasnah and Gérad Sanspeur confirmed

The Bank of Mauritius issued a statement on Tuesday, December 3, to confirm the appointment of Rajeev Hasnah as First Deputy Governor and Gérard Sanspeur as Second Deputy Governor, effective Monday.

7 months ago

New Rs 100, Rs 200 and Rs 1,000 banknotes have been put into circulation by the Bank of Mauritius

New Rs 100, Rs 200 and Rs 1,000 banknotes have been put into circulation by …

New Rs 100, Rs 200 and Rs 1,000 banknotes were put into circulation by the Bank of Mauritius (BoM) on Monday, December 2.

7 months ago

Bank of Mauritius: Rama Sithanen appointed governor

Bank of Mauritius: Rama Sithanen appointed governor

While Harvesh Seegolam's entourage was engaged in scholarly explanations to justify the latter's presence still at the Bank of Mauritius Tower, Rama Sithanen was appointed early in the Friday evening as the new governor.

7 months, 2 weeks ago

The Key Rate remains unchanged at 4.5%

The Key Rate remains unchanged at 4.5%

The Key Rate has remained unchanged since December 2022.

11 months, 4 weeks ago

BOM: Silver Bank placed under supervision

BOM: Silver Bank placed under supervision

The Bank of Mauritius announced this Tuesday, February 13 that it was placing Silver Bank under conservatorship. Arvind Gokhool will be the “curator”.

1 year, 4 months ago

Monetary Policy Committee: Maintaining the Key Rate At 4.5

Monetary Policy Committee: Maintaining the Key Rate At 4.5

Tuesday, the decision was taken unanimously, said the governor of the Bank of Mauritius. Harvesh Seegolam was in front of the press to announce the decision of the Monetary Policy Committee.

1 year, 7 months ago

Foreign exchange market: the BoM sold for 10 million dollars

Foreign exchange market: the BoM sold for 10 million dollars

After nearly three months, the Bank of Mauritius intervened in the currency market yesterday. It has indeed sold $10 million at Rs 45.20.

1 year, 11 months ago

The Governor of the Bank of Mauritius welcomes the initiatives of three banks which offer preferential interest rates on housing loans

The Governor of the Bank of Mauritius welcomes the initiatives of three banks which offer …

There are commercial banks that offer preferential interest rates on home loans.

2 years, 1 month ago

Buy-back project: the sale of AfrAsia Bank to AFG in jeopardy?

Buy-back project: the sale of AfrAsia Bank to AFG in jeopardy?

Is the Bank of Mauritius (BoM) in the presence of a due diligence report, which could compromise the decision of IBL to sell 30.29% of shares held in AfrAsia Bank to the Atlantic Financial Group (AFG ) from Ivory Coast?

2 years, 2 months ago

Publication Du Rapport Annuel De La Banque De Maurice Pour L’année 2021-2022

Publication Du Rapport Annuel De La Banque De Maurice Pour L’année 2021-2022

Le rapport annuel de la Banque de Maurice pour l’année 2021-2022 a été publié mercredi. Il montre que la Banque de Maurice a réalisé un bénéfice de Rs 299,3 millions pour l’exercice en question. Mais la Banque de Maurice a des intérêts dans d’autres organisations.

2 years, 2 months ago

Silver Bank: les directeurs convoqués hier à la Banque de Maurice

Silver Bank: les directeurs convoqués hier à la Banque de Maurice

Malgré les assurances données par Silver Bank et la banque de Maurice (BoM) à l’effet que Prateek Gupta n’a aucun intérêt ni de dette à la Silver Bank, on se demande si c’est vrai.

2 years, 4 months ago

Hausse des taux d’intérêt: à quand une nation d’investisseurs ?

Hausse des taux d’intérêt: à quand une nation d’investisseurs ?

Inflation oblige, les économies en développement affrontent depuis plus de deux ans maintenant les limites d’une économie tirée par la consommation. À Maurice, si les autorités ont pendant longtemps parlé d’inflation transitoire, les actions contre cette poussée inflationniste, incluant la politique monétaire, sont arrivées trop tard.

2 years, 6 months ago

Emprunts bancaires : la BOM s’assurera qu’il n’y a pas d’abus, rassure Padayachy

Emprunts bancaires : la BOM s’assurera qu’il n’y a pas d’abus, rassure Padayachy

“Que les banques rééchelonnent les emprunts des personnes en difficulté si elles le peuvent !”. C’est l’appel lancé par le ministre des Finances, Renganaden Padayachy, à une question de la presse sur l’impact du taux directeur, ce lundi 19 décembre. Le Grand Argentier est catégorique : ” Je ne laisserai aucune institution bouleverser les perspectives futures”.

2 years, 6 months ago