banks focus mostly on trade financing and on provision of working capital.
Accounts may be opened in all major currencies as well as the Mauritius
Rupee. Several commercial banks offer card-payment services such as credit
and debit cards and direct debits. Other facilities such as phone banking,
home banking, internet banking, and PC banking are also provided by some
banks. Commercial banks offer spot and forward transactions in all major
currencies. Commercial banks have diversified into non-banking business
through subsidiaries and affiliates. Banks are engaged in the provision
of leasing, stock brokering, asset and fund management, investment and
private banking business, insurance agency, portfolio as well as custodial
management. Due to its network of double tax treaties with most of
the significant economies in its region, and above all with India, Mauritius
is often chosen as a base by firms needing to set up an offshore holding
or investment company, or trading subsidiary. In addition to this
list of banks in Mauritius we also have a
list of properties currently available in Mauritius.
Post and Cooperative Bank Ltd (MPCB) stands out as one of the major banks
of the island with a passion for customer service, offering a vast array
of products and services encompassing Personal Banking, Corporate Banking,
Trade Finance & Treasury Services.
Bank operates in both offshore as well as domestic sector offering products
and services in Corporate, Retail and Personal Segment. The products have
been designed, keeping in view the needs of different segments of society
and are available at competitive pricing.