Thursday 28 July 2022 : The Mauritius Bankers Association Limited (MBA) has taken cognizance of the decision by Moody’s Investors Service (Moody’s) to review the Government of Mauritius rating from Baa2 to Baa3 with a stable outlook, on 28 July 2022.
Similarly to most countries in the world, Mauritius has been adversely affected by the ongoing economic effects of the Covid-19 pandemic and of the Ukraine-Russia conflict.
In spite of this change of rating, Mauritius remains the only investment-grade International Financial Centre in Africa. Banks operating in Mauritius remain stable, highly liquid, with comfortable capitalisation levels and buffers, and have demonstrated sustained resilience since pre-Covid times.
We also note the stable outlook, which reaffirms the status of Mauritius as a stable jurisdiction for domestic as well as cross-border investments.
Cookie | Durée | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |