On Friday 26 November 2021, the MBA Board held its last meeting of the year. This event is usually followed by a get together, but was held virtually this year, owing to the prevailing sanitary condition. We are delighted to welcome Silver Bank Limited on board, in continuation of Banyan Tree Bank Limited’s membership.
On 28 October 2021, the National Committee on Corporate Governance (NCCG) launched the NCCG scorecard, with the support of INSERT NAME. The NCCG scorecard is an objective set of Key Performance Indicators (KPIs), to concretely measure progress in governance. The CEO of the MBA, Mr. Daniel Essoo, is one of the jury members, and two […]
The Economic Commissions under the new public-private consultation mechanism, which was set up in the last Budget to help boost the economic recovery and propose measures to boost Gross Domestic Product, has started work. The MBA chairs the Economic Commission on Export of Services, and sector-specific sub-working groups have met, with proposals underway. This will […]
On 20 October 2021, Business Mauritius (BM), which is the apex private sector organisation, held its Annual General Meeting (AGM). As one of the main pillars of Gross Domestic Product, the MBA is one of 9 Partner Members, with a seat on the BM Council. The organisation presented the work of its three Commissions (Economy, […]
Mauritius was taken off the Financial Action Task Force’s (FATF) list of jurisdictions under increased monitoring, at its latest Plenary meeting held from 19 to 21 October 2021 in Paris, along with Botswana. In the course of this meeting, the list of jurisdictions under increased monitoring was revised, and progress made by various jurisdictions was […]
On 15 October 2021, the Mauritius Bankers Association (MBA) held its quarterly Board meeting. We are delighted to welcome a new member, the Bank of China (Mauritius) Limited, represented by its Chief Executive Officer (CEO) Mr. Li Lianhong. The MBA also welcomes Mr. Anoop Nilamber, and Mr. François Gamet as new CEOs of SBM Bank […]
Further to the implementation of the Home Loan Payment Schemes, the MBA and member banks had a working session with the Registrar General and officers from the Ministry of Finance on 8 October 2021. The purpose of this meeting was to take stock of uptake, seek clarifications, and iron out operational issues.
The Government of Mauritius is embarked on a 2-year project with the World Bank to review the national framework on Secured Transactions for greater efficiency. Secured transactions are at the heart of the business of banks, and the MBA is actively and constructively working with the World Bank consultants, EDB and other stakeholders on this […]
The MBA is part of a Working Group (WG) with the Bank of Mauritius, and the Ministry of Finance, on the development of secondary markets for bonds. A first meeting was held virtually on 16 September 2021, comprising representatives of member banks, the Bank of Mauritius, the Ministry of Finance, insurance and pension sectors. Several […]
On 15 September 2021, the Chairperson and CEO of the MBA paid a courtesy visit to British High Commissioner Charlotte Pierre, to discuss and explore potential collaboration, especially in the fields of financial literacy, capacity building, and helping the Mauritian financial ecosystem in its digital transformation. The MBA is already the local partner to the […]