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List of Commercial Banks in Mauritius

Published by Gbaf News

Posted on April 19, 2013

1 min read

· Last updated: March 6, 2020

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The Mauritius Commercial Bank
The State Bank of Mauritius
Absa Bank (Mauritius) Limited
HSBC
Bank of Baroda
Bramer Banking Corporation
Bank One
Standard Bank
Standard Chartered Bank
Deutsche Bank
AfrAsia Bank
Banque des Mascareignes

Key Takeaways

  • Mauritius hosts a diverse mix of domestic and international commercial banks licensed by the Bank of Mauritius.
  • Major players include longstanding institutions like Mauritius Commercial Bank and State Bank of Mauritius.
  • Many banks operate under global groups such as Absa, Standard Chartered, HSBC, and Standard Bank.
  • The sector includes local specialists like ABC Banking, AfrAsia, Bank One, Warwyck Private Bank, BCP, SBI, SBM and MauBank.
  • This banking ecosystem supports both retail, corporate, trade finance and private banking needs.

References

Frequently Asked Questions

Which bank is the oldest commercial bank in Mauritius?
The Mauritius Commercial Bank, established in 1838, is the oldest and largest commercial bank in Mauritius.
Are there international banks operating in Mauritius?
Yes, several global banking groups operate in Mauritius including Absa, HSBC, Standard Chartered, Standard Bank, Bank of Baroda, Bank of China, Deutsche Bank, among others.
Are there banks offering private banking services?
Yes, AfrAsia, Warwyck Private Bank and Investec offer private and wealth management services in Mauritius.

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