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MauBank
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. 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. 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. 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. MauBank's strategic decisions are taken by its board of directors, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Commercial Bank Mauritius
National Commercial Bank Limited, commonly known as NCB, was a financial institution based in Mauritius with its head office situated in Port Louis. It was one of the commercial banks licensed by the Bank of Mauritius, the country's central bank and the nation's banking regulator. History National Commercial Bank Limited was incorporated on Thursday April 9, 2015 and issued a commercial banking license by the Bank of Mauritius on Friday April 10, 2015. National Commercial Bank acquired the assets and some liabilities of the now defunct Bramer Banking Corporation. This was after Bramer Banking Corporation's banking license was revoked by the Bank of Mauritius following a liquidity crisis at the bank. The transfer of bank accounts and operations of the former Bramer Banking Corporation to NCB was held on Saturday April 11, 2015. On Monday January 4, 2016, NCB was merged into state-owned Mauritius Post and Cooperative Bank to form Mauritius Bank (MauBank). The newly formed bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Owned
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
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 the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Le Défi Media Group
Le Défi Media Group is a mass media company based in Port Louis, Mauritius. The group's operations include newspapers, magazines, radio and digital media. The newspapers, magazines and radio are mostly published and broadcast in French. Newspapers and magazines The Défi group owns two magazines and some of the leading newspapers in Mauritius. * Le Dimanche/L'Hebdo ** This weekly newspaper are issued on Sunday and published in French Language. * Le Défi Foot ** Newspaper issued on Football/ Soccer. * Le Défi Immobilier ** This magazine are issued to tackle the Mauritian immobilier as per local demand. * Le Défi Moteurs ** This magazine are issued to Mauritian audience wishing to know more on automobile industry. * Le Défi Plus ** This is a weekly newspaper issued on Saturday and published in French Language * Le Défi Quotidien ** Daily newspaper come every weekdays and publish in French language. They usually accompanied with supplement such as Bollywood masala... * L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Le Mauricien
''Le Mauricien'' is a French-language newspaper, based and distributed in Mauritius. The newspaper, founded in 1908, is released daily and is one of the most read in Mauritius. The publishers, Le Mauricien Ltd., also publish ''Week-End'', ''Week-End Scope'' and ''Turf Magazine''. It is an independent newspaper. History ''Le Mauricien'' was founded in 1908 and celebrated its hundredth anniversary in 2008. Some former editors include Raoul Rivet, André Masson, Lindsay Rivière among others. The editor and director was Raoul Rivet from 1922 to 1957.''Le Mauricien'' adopted the offset press in 1978 and subsequently experienced changes namely by growing from four pages to the current forty-eight page daily edition. Its price has evolved as well. In 1978, the newspaper's office was set on fire which and was later deemed as a criminal act. ''Le Mauricien'' adopted a "midi" format known as the Berliner format in 2010. The pages increased to 48 and this becomes similar to leading pape ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Near-field Communications
Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of 4 cm (1 in) or less. NFC offers a low-speed connection through a simple setup that can be used to bootstrap more-capable wireless connections. Like other "proximity card" technologies, NFC is based on inductive coupling between two so-called antennas present on NFC-enabled devices—for example a smartphone and a printer—communicating in one or both directions, using a frequency of 13.56 MHz in the globally available unlicensed radio frequency ISM band using the ISO/IEC 18000-3 air interface standard at data rates ranging from 106 to 424 kbit/s. The standards were provided by the NFC Forum. The forum was responsible for promoting the technology and setting standards and certifies device compliance. Secure communications are available by applying encryption algorithms as is done for credit cards and if they fit the criter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contactless Payments
Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC, e.g. Samsung Pay, Apple Pay, Google Pay, Fitbit Pay, or any bank mobile application that supports contactless) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card, fob, or handheld device over a reader at the point of sale terminal. Contactless payments are made in close physical proximity, unlike other types of mobile payments which use broad-area cellular or WiFi networks and do not involve close physical proximity. EMV is a common standard used by major credit card and smartphone companies for use in general commerce. Contactless smart cards that function as stored-value cards are becoming popular for use as transit system farecards, such as the Oyster card or RioCard. These can often s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Short Message Service
Short Message/Messaging Service, commonly abbreviated as SMS, is a text messaging service component of most telephone, Internet and mobile device systems. It uses standardized communication protocols that let mobile devices exchange short text messages. An intermediary service can facilitate a text-to-voice conversion to be sent to landlines. SMS technology originated from radio telegraphy in radio memo pagers that used standardized phone protocols. These were defined in 1986 as part of the Global System for Mobile Communications (GSM) series of standards.GSM Doc 28/85 "Services and Facilities to be provided in the GSM System" rev2, June 1985 The first SMS message was sent on 3 December 1992, when Neil Papworth, a test engineer for Sema Group, sent "Merry Christmas" to the Orbitel 901 phone of colleague Richard Jarvis. SMS rolled out commercially on many cellular networks that decade and became hugely popular worldwide as a method of text communication. By the end of 2010, SMS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bramer Banking Corporation
Bramer Banking Corporation, commonly known as Bramer Bank, is a financial institution based in Mauritius with its head office is situated at Port Louis and currently under statutory management. It was one of the commercial banks licensed by the Bank of Mauritius, the country's central bank and the nation's banking regulator. Overview Bramer Bank was part of the British American Investment Group, formerly one of the largest conglomerates in Mauritius with investments in banking, insurance, asset and wealth management, trade & commerce and services in Bahamas, East Africa, Mauritius, Malta, South Africa and UK. History Founding Bramer Banking Corporation Limited was formed on February 29, 1988 as South East Asian Bank Limited (SEAB) as a subsidiary of Bumiputra Commerce Bank (now CIMB bank) of Malaysia. In March 1990, SEAB took over the banking business of Habib Bank AG Zurich in Mauritius. In January 2003, CIMB bank increased its stake in SEAB to 60% subsidiary of CIMB. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rodrigues
Rodrigues (french: Île Rodrigues, link=yes ; Creole: ) is a autonomous outer island of the Republic of Mauritius in the Indian Ocean, about east of Mauritius. It is part of the Mascarene Islands, which include Mauritius and Réunion. Rodrigues is of volcanic origin and is surrounded by coral reef, and some tiny uninhabited islands lie just off its coast. The island used to be the tenth District of Mauritius; it gained autonomous status on 10 December 2002, and it is governed by the Rodrigues Regional Assembly. The capital of the island is Port Mathurin. The islands of Rodrigues, Agaléga and Saint Brandon form part of the larger territory of the Republic of Mauritius. Its inhabitants are Mauritian citizens. , the island's population was about 41,669, according to Statistics Mauritius. Most of the inhabitants are of African descent. Its economy is based mainly on fishing, farming, handicraft and a developing tourism sector. Etymology and history The uninhabited island w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
