The Chairperson of the Mauritius Bankers Association, Mr. Abrar Anwar, speaks to Investor’s Mag about the competitiveness of the Mauritius IFC, digitalisation, talent, and sustainable finance.
Abrar Anwar frames banking as the engine of the IFC – directly contributing roughly the same as tourism, and anchored by a mix of global, regional and domestic players. He points to high compliance standards through correspondent networks, and an investment-grade position that supports Africa-facing finance, while warning that rising operating regulatory and tax costs must be managed to stay competitive.
On digital, broad mobile uptake now needs stronger rails – digital KYC/biometrics and public education to curb phishing early on. On sustainability, banks are advancing green taxonomies, SUNREF pipelines and ESG roadmaps.