MauBank

MauBank Ltd
MauBank
Company typeState owned
IndustryBanking, Financial services
FoundedAugust 1, 2003; 21 years ago (2003-08-01) in Port Louis, Mauritius
FounderGovernment of Mauritius
Headquarters25 Bank Street,
Ebene CyberCity
,
Mauritius
Key people
ServicesConsumer banking
Corporate banking
Investment banking
Mortgage loans
Private banking
Wealth management
Credit cards
Insurance
Number of employees
  • 850
 (2021)
ParentMauBank Holding Ltd
Websitewww.maubank.mu

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.

  1. ^ Emilien, Shelby (4 January 2016). "MauBank: la troisième plus grande banque du pays est née". L'Express. Retrieved 22 July 2018.
  2. ^ "Company Overview". www.maubank.mu. MauBank Ltd. Retrieved 22 July 2018.
  3. ^ Emilien, Shelby (21 March 2018). "PME: 336 entreprises bénéficiaires du SME Development Scheme". L'Express. Retrieved 22 July 2018.
  4. ^ "Post Offices with MauBank services". Retrieved 2019-07-21.
  5. ^ "PARLIAMENTARY DEBATES (HANSARD) (UNREVISED) FIRST SESSION TUESDAY 09 JULY 2019" (PDF). National Assembly of Mauritius. Retrieved 2019-07-20.