Banking

Agreement MCB-ADB: Signature Of a Financial Package of Rs 4.6 Billion For Expansion In Africa
Tuesday, October 29
The MCB and the African Development Bank (ADB) signed on Monday a financial package of USD 150 million (about Rs 4.6 billion)
Wednesday, September 07
A concentration of ownership among Mauritius’s banks may create a risk of contagion
Thursday, July 28
Monday, June 20
Wednesday, April 27
Ravin Dajee, Chairman of the Mauritius Bankers Association, told Reuters the government's decision to borrow in foreign currencies rather than raising money locally through the issue of more Treasury bills had exacerbated the situation
Wednesday, April 06
Islamic banking operates under the Sharia law
Wednesday, March 30
International Conference on Islamic Banking and Finance in Mauritius is going to be held on April 5-6, 2011
AfrAsia Bank voted Best Private Bank in Mauritius in the 2011 by Euromoney
Monday, February 21
The bank AfrAsia was voted best bank in "Private Banking Services by the Euromoney Private Banking Survey 2011
Friday, February 18
The issue has a final maturity of 15th March 2016, pays a semi-annual coupon of 2.5% and has an issue price of 99.843% to give a spread of + 26.6 basis points over the UST 2% due Jan 2016, equivalent to 4 basis points over mid-swaps.
Tuesday, February 15
Mauritius is drawing on long-established links with India and Africa to position itself as a natural conduit for exponential growth in the emerging Africa and Asia trade corridor …
 

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