Mauritius Bank

Mauritius Bank
State owned
Industry Financial services
Predecessor Mauritius Post and Cooperative Bank and National Commercial Bank
Founded 4 January 2016 (2016-01-04)
Headquarters Ebene, Mauritius
Number of locations
 36 branches and 50 ATMs
Key people
 Chief Executive Officer
Sridhar Nagaragen
Products
Website www.maubank.mu

Mauritius Bank, commonly known as MauBank, is a financial institution based in Mauritius with its head office is situated at Ebene. It is licensed as a commercial bank by the Bank of Mauritius, the country's central bank and the nation's banking regulator. The Mauritius bank is the third largest bank in Mauritius after Mauritius Commercial Bank and State Bank of Mauritius.[1]

History

Mauritius Bank was incorporated on Monday January 4, 2016[2] and issued a commercial banking license by the Bank of Mauritius. It is the fusion of two state-owned Bank : Mauritius Post and Cooperative Bank and National Commercial Bank.[3][4]

See also

References

  1. ↑ Emilien, Shelby. "MauBank: la troisième plus grande banque du pays est née". lexpress.mu (in French). Retrieved 2016-01-21.
  2. ↑ Elix, Joëlle. "Lutchmeenaraidoo: "L'argent des clients de l'ex-Bramer et de la MPCB est garanti"". lexpress.mu (in French). Retrieved 2016-01-21.
  3. ↑ "News Communique: Transfer of Undertaking of NCB to MPCB".
  4. ↑ "Communique: Successfully merger of MPCB and NCB" (PDF). 2016. Retrieved 2016. Check date values in: |access-date= (help)


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