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Showing posts from April, 2023

List of Financial Institutions in Mauritius

1. Banks 1.ABC Banking Corporation Ltd 2.AfrAsia Bank Limited 3.Bank One Limited 4.Bank of Baroda 5.Banque des Mascareignes Ltée 6.Banque Privée de Fleury Limited 7.BanyanTree Bank Limited 8.Barclays Bank Mauritius Limited 9.Century Banking Corporation Ltd 10.Deutsche Bank (Mauritius) Limited 11.Habib Bank Limited 12.HSBC Bank (Mauritius) Limited 13.Investec Bank (Mauritius) Limited 14.MauBank Ltd 15.P.T Bank Internasional Indonesia 16.SBI (Mauritius) Ltd 17.Standard Bank (Mauritius) Limited 18.Standard Chartered Bank (Mauritius) Limited 19.SBM Bank (Mauritius) Ltd 20.The Hongkong and Shanghai Banking Corporation Limited 21.The Mauritius Commercial Bank Limited 22.Warwyck Private Bank Ltd 2.Non-Bank Deposit Taking Institutions 1.AXYS Leasing Ltd 2.Cim Finance Ltd 3.Finlease Company Limited 4.La Prudence Leasing Finance Co. Ltd 5.Mauritius Housing Company Ltd 6.Mauritian Eagle Leasing Company Limited 7.SICOM Financial Services Ltd 8.The Mauritius Civil Service Mutual Aid Association Ltd...

"An Overview of the Current State of Mauritius' Financial Services Industry in 2023"

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  1 INTRODUCTION The 1.3 million-person island nation of Mauritius has one of the continent's most prosperous and competitive economies.  In 2021, the nation's Gross Domestic Product (GDP) was $11.5 billion, with a per-person GDP of $9,106.  Based on data from 2019, the World Bank classed Mauritius as a high-income country in July 2020; however, as a result of COVID-19's effects, Mauritius' position changed to upper-middle income country in July 2021.  The country's GDP decreased by 15% during the pandemic, from $14 billion in 2019 to $11 billion in 2020, a drop of $11 billion.  The GDP improved slightly to $11.1 billion in 2021, which is 20% below the pre-pandemic level, thanks to a minor recovery in tourism and an island-wide vaccination effort.  The industries that were most severely impacted by the pandemic were tourism, manufacturing, and retail.  Real GDP growth was estimated to be 3.7 percent in 2021, and the World Bank predicted that in a ...