The Bank of Mauritius is pleased to announce that it has granted a new banking licence to Habib Bank Limited (HBL) to conduct Islamic banking business through a window operation, alongside its existing banking business. Mr Rundheersing Bheenick, Governor, Bank of Mauritius, handed over the new banking licence to Mr Abid Sattar, Regional General Manager,
The Bank of Mauritius (the Bank) is pleased to announce that it has, granted Banking Licences to two new banks – Warwyck Private Bank Ltd and Banque Richemount Limited – to carry on private banking business in Mauritius. Warwyck Private Bank Ltd and Banque Richemount Limited are the first stand-alone, full-fledged private banks to be
AfrAsia Bank has introduced a rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders. In collaboration with Infinia Services & Solutions and MasterCard, this rewards program enables cardholders to earn XtraMiles whenever they swipe their World or Titanium MasterCard credit cards. XtraMiles is
It has come to the knowledge of the Bank of Mauritius that skimmed/cloned cards are in circulation and fraudsters are trying to use them on banks’ ATMs. Card skimming is the illegal copying of information from the magnetic strip of a credit or ATM card. This involves stealing information off a credit card during a
AfrAsia Bank and MasterCard introduce Africa’s first travel rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders. In collaboration with Infinia Services & Solutions and MasterCard, this travel rewards program enables cardholders to earn XtraMiles whenever they swipe their World or Titanium MasterCard
The Governor of the Bank of Mauritius, Mr Rundheersing Bheenick, recently gave a statement where he reviewed the year gone by and reflected on the present and future outlook. In his address Bheenick said that Headline inflation came down from 4.9 per cent in July 2012 to 3.6 per cent in June 2013 while year-on-year
At a function held at the Bank of Mauritius Tower, the Bank of Mauritius (the Bank) granted a new banking licence to Barclays Bank Mauritius Limited, a locally incorporated wholly owned subsidiary of Barclays Bank PLC, UK. Barclays Bank PLC, UK is currently conducting its banking activities in Mauritius through its branch, the Barclays Bank
