MauBank | |
Company type | State owned |
Industry | Banking, Financial services |
Founded | August 1, 2003Port Louis, Mauritius | in
Founder | Government of Mauritius |
Headquarters | 25 Bank Street, , |
Key people |
|
Services | Consumer banking Corporate banking Investment banking Mortgage loans Private banking Wealth management Credit cards Insurance |
Number of employees |
|
Parent | MauBank Holding Ltd |
Website | www |
MauBank is a bank headquartered in Ebene CyberCity, Mauritius. It is licensed as a commercial bank by the Bank of Mauritius, the country's central bank and the nation's banking regulator. MauBank is the third largest bank in Mauritius.[1][2] It offers a full range of financial services to private and corporate clients, wealthy individuals, companies, public and financial institutions. The activities are divided into different business lines: Retail & Private Banking, Corporate Banking, International Banking, Wealth Management, Insurance services, SME Banking and Leasing.[3] MauBank maintain a network of 19 branches, including one in Rodrigues island, the bank also provides basic banking services across the 102 Post offices operated by Mauritius Post Ltd.[4] MauBank is wholly owned by the Government of Mauritius, as at 2019 the government announced its intention of finding a strategic partner to expand the activities of the bank.[5] MauBank's strategic decisions are taken by its board of directors, headed by the chairman. Premchand Mungar is the chief executive officer.