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Mauritius Commercial Bank
Mauritius Commercial Bank (MCB) is a commercial bank in Mauritius. MCB is licensed by the Bank of Mauritius, the country's central bank and the nation's banking regulator. The bank's headquarters are located in Port Louis, Mauritius. Overview Mauritius Commercial Bank, founded in 1838, is the oldest and largest banking institution of Mauritius. It is also the oldest banking institution south of the Sahara and one of the oldest banks of the Commonwealth to have preserved its original name. MCB has a local network of 40 modern branches and 150 ATMs. The holding structure of the MCB Group translates its two-fold strategy namely diversification into financial services through local subsidiaries and associated companies and regional expansion through its foreign subsidiaries. MCB operates in Madagascar, Maldives, Mozambique and Seychelles. The Group has also consolidated its presence in Réunion, Mayotte and Paris through BFCOI, its associate. The MCB opened a representative offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flacq District
Flacq () is a district of Mauritius, situated in the east of the island. It is the largest district, having an area of 297.9 km², the population estimate was at 138,460 as at 31 December 2015. Places of interest The small village of Trou d'Eau Douce, from where visitors take boats for tours on Île aux Cerfs island. The beach Belle Mare attracts a lot of Mauritians and tourists. Places The Flacq District include different regions; however, some regions are further divided into different suburbs. Note that the statistics do not take into account the two new village councils areas were created out of Écroignard and Grande Retraite out of Laventure in 2011 following the new Local Government Act. Places by population See also * Districts of Mauritius * List of places in Mauritius This is a list of populated places in Mauritius and Agaléga. Mauritius Agaléga See also * Outer islands of Mauritius * Districts of Mauritius The Districts of the Republ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Notably Northern Mozambique lies within the monsoon trade winds of the Indian Ocean and is frequentely affected by disruptive weather. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and language. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arrival of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maputo
Maputo (), formerly named Lourenço Marques until 1976, is the Capital city, capital, and largest city of Mozambique. Located near the southern end of the country, it is within of the borders with Eswatini and South Africa. The city has a population of 1,088,449 (as of 2017) distributed over a land area of . The Metropolitan Maputo, Maputo metropolitan area includes the neighbouring city of Matola, and has a total population of 2,717,437. Maputo is a port city, with an economy centered on commerce. It is also noted for its vibrant cultural scene and distinctive, eclectic architecture. Maputo is situated on Maputo Bay, a large natural bay on the Indian Ocean, near where the rivers Tembe, Mbuluzi, Matola and Infulene converge. The city consists of seven administrative divisions, which are each subdivided into Quarter (urban subdivision), quarters or ''bairros''. The city is surrounded by Maputo Province, but is administered as a self-contained, separate Provinces of Mozambique, pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MCB Madagascar
MCB Madagascar is a commercial bank in Madagascar. It is a member of the Mauritius Commercial Bank Group of companies headquartered in Port Louis, Mauritius. It was formerly known as MCB Madagascar. History The bank was established in 1992 by two banking entities, Mauritius Commercial Bank Ltd and Standard Bank, in the name of Union Commercial Bank. The bank is a fully licensed commercial bank in Madagascar, which by 2007 had established branches in Antananarivo (Antsahavola, Ankonrondrano, Ankadimbahoaka, Ambohibao), Taomasina, and Mahajanga. In 2007, the bank changed its name to Mauritius Commercial Bank (Madagascar) SA. Ownership The original shareholders were Mauritius Commercial Bank (70%), Standard Bank South Africa (10%), BFCOI (10%), FIARO (5%) and Société Manofi (5%). See table below: Currently, the shareholding may differ from the original ratios in 1992. See also * Mauritius Commercial Bank Ltd * MCB Group MCB Group Limited is a financial services holdi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seychelles
Seychelles (, ; ), officially the Republic of Seychelles (french: link=no, République des Seychelles; Creole: ''La Repiblik Sesel''), is an archipelagic state consisting of 115 islands in the Indian Ocean. Its capital and largest city, Victoria, is east of mainland Africa. Nearby island countries and territories include the Comoros, Madagascar, Mauritius, and the French overseas departments of Mayotte and Réunion to the south; and Maldives and the Chagos Archipelago (administered by the United Kingdom as the British Indian Ocean Territory) to the east. It is the least populated sovereign African country, with an estimated 2020 population of 98,462. Seychelles was uninhabited prior to being encountered by Europeans in the 16th century. It faced competing French and British interests until coming under full British control in the late 18th century. Since proclaiming independence from the United Kingdom in 1976, it has developed from a largely agricultural society to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mayotte
Mayotte (; french: Mayotte, ; Shimaore: ''Maore'', ; Kibushi: ''Maori'', ), officially the Department of Mayotte (french: Département de Mayotte), is an overseas department and region and single territorial collectivity of France. It is located in the northern part of the Mozambique Channel in the Indian Ocean off the coast of Southeastern Africa, between Northwestern Madagascar and Northeastern Mozambique. Mayotte consists of a main island, Grande-Terre (or Maore), a smaller island, Petite-Terre (or Pamanzi), as well as several islets around these two. Mayotte is the most prosperous territory in the Mozambique Channel, making it a major destination for immigration. Mayotte's land area is and, with its 299,348 people according to January 2022 official estimates, is very densely populated at 800 inhabitants per km2 (2,073 per sq mi). The biggest city and prefecture is Mamoudzou on Grande-Terre. The Dzaoudzi–Pamandzi International Airport is located on the neighbouring is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Réunion
Réunion (; french: La Réunion, ; previously ''Île Bourbon''; rcf, label= Reunionese Creole, La Rényon) is an island in the Indian Ocean that is an overseas department and region of France. It is located approximately east of the island of Madagascar and southwest of the island of Mauritius. , it had a population of 868,846. Like the other four overseas departments, Réunion also holds the status of a region of France, and is an integral part of the French Republic. Réunion is an outermost region of the European Union and is part of the eurozone. Réunion and the fellow French overseas department of Mayotte are the only eurozone regions located in the Southern Hemisphere. As in the rest of France, the official language of Réunion is French. In addition, a majority of the region's population speaks Réunion Creole. Toponymy When France took possession of the island in the seventeenth century, it was named Bourbon, after the dynasty that then ruled France. To break ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Indosuez
Banque Indosuez was a French bank, the product of the 1975 merger of Banque de l'Indochine and Banque de Suez et de l'Union des mines. It was purchased by Crédit Agricole in 1996, and formed the core of what is now Crédit Agricole Corporate and Investment Bank. As of 2022, its brand survives in Indosuez Wealth Management, the Crédit Agricole group's wealth management arm. History In 1966, to prevent an outright takeover of military-industrial concern Schneider by Belgium's Empain group, the Banque de l'Indochine acquired 10 percent of Schneider's capital.As a consequence of that transaction, Empain took 11 percent of the bank's own capital. Its chairman then attempted to counter Empain's influence in the bank (as the rest of the shareholder base was highly dispersed) by inviting the Compagnie Financière de Suez, with which the bank had several common business interests, to invest in it as well. In January 1967, Suez acquired 7 percent of the bank's capital, the same amoun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Française Commerciale Océan Indien
Banque Française Commerciale Océan Indien (BFCOI) is a French bank that since 2003 has been jointly owned by Mauritius Commercial Bank and Société Générale. It has its headquarters in Saint Denis, Réunion. It has more than 360 employees and more than 80 000 clients in its operations in Réunion (13 branches), Mayotte (three branches), and Paris (one branch), which primarily engages in private banking. History In 1984, the Banque Française Commerciale (BFC; the former Franco-Chinese Bank) restructured itself as a holding company. It established three legally and operationally distinct companies: (BFC), with branches in France; BFCOI, with branches in Reunion, Mayotte and the Seychelles; and (BFCAG), with branches in French Guiana and the Antilles. Banque Indosuez owned the entire share capital of all three entities. Banque Indosuez sold a majority position (66.66%) in BFCOI to Mauritius Commercial Bank (MCB) in 1996; Banque Indosuez retained 22.22%. The next year, BFCOI o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Lyonnais
The Crédit Lyonnais (, "Lyon Credit ompany) was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. Its former French retail network survives as LCL S.A., a fully owned subsidiary of Crédit Agricole, under the brand LCL adopted in 2005 with reference to "Le Crédit Lyonnais". History 19th Century The creation of Crédit Lyonnais was favored by French legislation of that liberalized the creation of joint-stock companies without prior government authorization. The bank was chartered on by Henri Germain, who was the largest shareholder with 5.4 percent of equity capital and became its first chairman. Prominent promoters of Saint-Simonianism initially participated in the venture, namely François Barthélemy Arlès-Dufour who was instrumental in convincing Germain to initiate t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madagascar
Madagascar (; mg, Madagasikara, ), officially the Republic of Madagascar ( mg, Repoblikan'i Madagasikara, links=no, ; french: République de Madagascar), is an island country in the Indian Ocean, approximately off the coast of East Africa across the Mozambique Channel. At Madagascar is the world's List of island countries, second-largest island country, after Indonesia. The nation is home to around 30 million inhabitants and consists of the island of Geography of Madagascar, Madagascar (the List of islands by area, fourth-largest island in the world), along with numerous smaller peripheral islands. Following the prehistoric breakup of the supercontinent Gondwana, Madagascar split from the Indian subcontinent around 90 million years ago, allowing native plants and animals to evolve in relative isolation. Consequently, Madagascar is a biodiversity hotspot; over 90% of wildlife of Madagascar, its wildlife is endemic. Human settlement of Madagascar occurred during or befo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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