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Bank One: ‘Best International Banking Services’ for 3rd year in a row

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Bank One: 'Best International Banking Services' for 3rd year in a row

Bank One’s International Banking segment has been named “Best International Banking Services in the Indian Ocean” for the year 2022 by CFI.co.

The title, which is the third consecutive award from CFI.co, reflects the bank’s strong commitment to support individuals and institutions in sub-Saharan Africa whilst positioning itself as a thought leader on continental Africa. 

Each year, CFI.co seeks out industry leaders that contribute significantly to the convergence of economies and truly add value for all stakeholders.

As a repeat winner, accepting the award for the third consecutive year, the Judges appraised Bank One for “increasing its coverage and credit appetite in key African markets over the past couple of years”.

The bank was also congratulated for its efforts in deepening its relationships with Central Banks and sovereigns. 

“The African continent is particularly important to us. We are truly “from Africa, for Africa” through our shareholders I&M Group PLC and CIEL Group, but also through our teams of experienced pan-African professionals. Our team members are from Malawi, Congo, South Africa, Tanzania, Kenya, and Mauritius,” said Carl Chirwa, Head of International Banking at Bank One. 

Bank One: 'Best International Banking Services' for 3rd year in a row
Carl Chirwa, Head of International Banking at Bank One. 

“With our combined experience, we are uniquely positioned to provide “African solutions to African challenges”. Our journey is one of progress and accomplishments, not just bottom-line. I really look forward to extending our footprint in SSA and to contributing to the success story of the continent,” he added.

Last month, the bank inaugurated its new Corporate Office, the Bank One Waterfront, at Port Louis Waterfront.

The opening of new Corporate Office is in line with its vision of becoming “Africa’s preferred gateway”.

About Bank One

Bank One is a joint venture between CIEL Finance Limited in Mauritius and Kenya-based I&M Group PLC.

Over the last decade, it has built a client base of over 50,000, a dedicated team of over 425 experienced collaborators and an asset base exceeding Rs45 billion.

Bank One provides a wide range of banking products and services to its clients through a geographic footprint spread across the island of Mauritius, comprising of 7 branches and a well-distributed ATM network. It also plays an active role in supporting businesses in sub-Saharan Africa.

Bank One has deep development finance institution relationships and long-term funding lines in place with the German Investment Corporation (DEG), the International Finance Corporation (IFC) and the French Development Agency (Proparco).

Bank One has been rated’BB-‘ with a Stable Outlook by Fitch Ratings.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.