Abu Dhabi and Mauritius financial regulators sign cooperation agreement
Abu Dhabi Global Market (ADGM) and the Mauritius Financial Services Commission (Mauritius FSC) have signed a memorandum of understanding (MoU)…
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Mauritiuss SBM Bank forays into Kenyas banking sector
SBM Holdings, Mauritiuss second-biggest bank, has agreed to acquire Kenyas Fidelity Commercial Bank by the end of this year.
Societe Generale finalises stake purchase in Mauritius Commercial Bank Mozambique
French lender Societe Generale has finalised the acquisition of a stake in Mauritius Commercial Bank Mozambique (MCBM), following the signing…
National Bank of Canada increases stake in AfrAsia Bank to 17.5%
Montreal-based National Bank of Canada (NBC) has raised its stake in Mauritius-based AfrAsia Bank to 17.5%, which makes it the…
National Bank of Canada acquires 9.5% stake in AfrAsia Bank
The National Bank of Canada (NBC) has snapped a 9.5% stake in AfrAsia Bank Limited (ABL), the major shareholder in…
Indias ICICI Bank plans foreign and home expansion
ICICI Bank, India's second largest bank by assets, plans to open branches in Australia, South Africa and Mauritius as part…
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