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The Financial Services Commission (FSC) (French: Commission des Services Financiers de Maurice) is a regulatory authority responsible for the regulation, supervision and inspection of all financial services other than banking institutions and global business in Mauritius.
Bank One Mauritius is a full service commercial bank based in Mauritius and jointly owned by CIEL Finance Limited and I&M Group PLC. [2]The CIEL group owns 75% of CIEL Finance, and Amethis Finance Corporation, which manages investment funds for the African continent, owns the other 25%.
Banks Headquarters location Website ABC Banking Corporation Ltd Port Louis: www.abcbanking.mu: Absa Bank (Mauritius) Limited: Ebène CyberCity: www.absabank.mu
The first Bank of Mauritius started operations in 1813 or so, but survived only until 1825. [citation needed] The second Bank of Mauritius was a British overseas bank with two boards of directors, one in London and the other in Port Louis. It began operations in 1832 and favored the interests of the planter class.
The Mauritius Revenue Authority (MRA) is a parastatal organisation in Mauritius, it is the Revenue Authority of the Mauritian Government and operate under the aegis of the Ministry of Finance and Economic Development.
Mauritius Commercial Bank, founded in 1838, [3] is the oldest commercial company and the largest banking institution of Mauritius.It is equally the oldest banking institution south of the Sahara and one of the oldest banks of the Commonwealth to have preserved its original name and to be working in the same business area since its incorporation.
Location of Mauritius. Mauritius is an island nation in the Indian Ocean about 2,000 kilometres (1,200 mi) off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy.
The Central Bank of Mauritius falls under the department and is accountable to the minister. Often considered as the post of the most eligible future prime minister, the minister of finance plays a rather important role in a government as it may decide if the economics policies brought forward by the political party in power are good or rather ...