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State Bank Of Mauritius
State Bank of Mauritius (SBM), is a bank in Mauritius that the Bank of Mauritius, the national banking regulator, has licensed as a commercial bank. SBM is the second-largest bank in Mauritius with a market share of about 25% of domestic banking assets. , its total asset valuation was approximately US$3.34 billion (MUR:95.7 billion), with shareholders' equity of about US$557.1 million (MUR:16 billion). SBM, together with its subsidiary businesses in Kenya, Mauritius, Madagascar and India, is known as ''SBM Group''. The stock of the group is listed on the Stock Exchange of Mauritius and is owned by nearly 17,000 domestic and International shareholders. SBM has about 1,900 employees and services about 527,000 customers through its network of 48 service units and counters in Mauritius, India, Madagascar, and Kenya. History The government of Mauritius established State Bank of Mauritius in 1973 under the name State Commercial Bank. In 1994, SBM opened its first overseas branch in M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antananarivo
Antananarivo ( French: ''Tananarive'', ), also known by its colonial shorthand form Tana, is the capital and largest city of Madagascar. The administrative area of the city, known as Antananarivo-Renivohitra ("Antananarivo-Mother Hill" or "Antananarivo-Capital"), is the capital of Analamanga region. The city sits at above sea level in the center of the island, the highest national capital by elevation among the island countries. It has been the country's largest population center since at least the 18th century. The presidency, National Assembly, Senate and Supreme Court are located there, as are 21 diplomatic missions and the headquarters of many national and international businesses and NGOs. It has more universities, nightclubs, art venues, and medical services than any city on the island. Several national and local sports teams, including the championship-winning national rugby team, the Makis are based here. Antananarivo was historically the capital of the Merin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Mauritius
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1973 Establishments In Mauritius
Events January * January 1 - The United Kingdom, the Republic of Ireland and Denmark 1973 enlargement of the European Communities, enter the European Economic Community, which later becomes the European Union. * January 15 – Vietnam War: Citing progress in peace negotiations, U.S. President Richard Nixon announces the suspension of offensive action in North Vietnam. * January 17 – Ferdinand Marcos becomes President for Life of the Philippines. * January 20 – Richard Nixon is Second inauguration of Richard Nixon, sworn in for a second term as President of the United States. Nixon is the only person to have been sworn in twice as President (First inauguration of Richard Nixon, 1969, Second inauguration of Richard Nixon, 1973) and Vice President of the United States (First inauguration of Dwight D. Eisenhower, 1953, Second inauguration of Dwight D. Eisenhower, 1957). * January 22 ** George Foreman defeats Joe Frazier to win the heavyweight world boxing championship. ** A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Mauritius
The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. Since the 1980s, the government of Mauritius has sought to diversify the country's economy beyond its dependence on just agriculture, particularly sugar production. Overview In 1961, Professor James Meade painted a bleak picture of the economic prospects of Mauritius, which then had a population of 650,000. All the disadvantages associated with smallness of island states weighed heavily in his conviction that Mauritius was caught in a Malthusian trap and, therefore, if economic progress could at all be achieved, it would be to a very limited extent. Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to an upper-middle income diversified economy with growing industrial, financial, ICT and tourist sectors. For most of the period, annual growth has been roughly 4%. This compares very favorably with other sub-Sahar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Mauritian Companies
Mauritius is an island nation in the Indian Ocean about 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 economy is based on tourism, textiles, sugar, and financial services. In recent years, information and communication technology, seafood, hospitality and property development, healthcare, renewable energy, and education and training have emerged as important sectors, attracting substantial investment from both local and foreign investors. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Sugarcane plantation in Mauritius (reduced colour saturation).jpg, Sugar cane plantation in Mauritius ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Mauritius
This is a list of commercial banks in Mauritius. See also * Bank of Mauritius * List of companies of Mauritius * List of banks in Africa References External linksDetails view on the banks of Mauritius, offers & special services {{Economy of Mauritius Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ... Mauritius Mauritius ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes RAS syndrome, redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are Independent ATM de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nation Media Group
Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and Tanzania. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM. Media outlets The group publications include ''The EastAfrican'', ''Daily Nation'', ''Business Daily Africa'', '' Daily Monitor'', '' The Citizen'', ''NMG Investor Briefing'', '' Taifa Leo'' and ''Zuqka''. The ''Daily Nation'' and the Sunday edition of the same newspaper, the ''Sunday Nation'', celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010. NMG owns a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a Kampala-based radio station in Uganda. It also owns two television stations in the country, NTV Uganda and Spark TV. NMG also has a 60% shareholding in ''Mwananchi Communications Limited in Tan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SBM Bank Kenya Limited
SBM Bank (Kenya) Limited, previously known as Fidelity Commercial Bank Limited, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator. Overview The bank is a medium-sized retail bank, serving mainly the urban areas of Nairobi and Mombasa. , SBM Bank Kenya had an asset base of KSh70,647,739,000 (approx. US$706.23 million), with shareholder's equity of KSh6,937,506,000 (approx. US$69.35 million). After the Chase Bank acquisition in 2018, SBM Kenya accounted for 2.4 percent of all banking assets in the country. The total assets inherited from Chase Bank in 2018, were valued at approximately US$600 million. History The institution was incorporated in 1988 as African Finance Company. In 1992, the finance company re-branded as Fidelity Finance Limited. In 1996, the institution re branded again as Fidelity Commercial Bank Limited, having been granted a banki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Daily Africa
''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and ... from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya. See also References External linksBusiness Daily Website {{Media in Kenya Newspapers published in Kenya Nation Media Group Mass media in Nairobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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