Bank in Mauritius for sale

Mauritian banks are supervised by the Bank of Mauritius. Buying this one gives an existing banking structure and corporate entity through which the banking and financial activities its licence permits can be carried out.

Key details

• Licence: an active banking licence in Mauritius
• Founded: 2013
• Supervisor: Bank of Mauritius
• Approximate figures: share capital USD 25 million, annual turnover USD 8–12 million, net profit USD 1–1.5 million
• Currencies: USD, EUR, GBP and MUR
• Clients: corporate and institutional
• Core banking system: up and running
• Payments: SWIFT and correspondent banking in place; Visa and Mastercard through banking partners

Banking and payments

The bank’s multi-currency banking infrastructure is established and handles corporate accounts, financial services and international transfers.

Activities

• Banking for corporate clients, and international banking
• Deposit-taking and lending
• Trade finance and foreign exchange
• Card services and international payments

Advantages

• A banking licence from Mauritius, an established international financial centre
• An active bank in a regulated environment, held in an existing corporate structure
• SWIFT connectivity and correspondent banking, with potential for further correspondent banking infrastructure
• Infrastructure that works in several currencies
• A client base that is already established
• Potential for international business