In a major development, the Bank of Mauritius has accorded Hongkong and Shanghai Banking Corporation Limited (HSBC) its approval to transfer a portion of its activities...
Three major banks in Mauritius, HSBC, MCB, and SBM, are facing criminal charges for allegedly violating the Financial Intelligence and Anti-Money Laundering Act (FIAMLA). The case...
The Bombay High Court has ruled that HSBC Bank, operating a legitimate banking business in Mauritius, is exempt from tax under the Double Taxation Avoidance Agreement....
In an interview with Le Mauricien, Greg Lowden, the CEO of HSBC Mauritius, has reassured that the bank has no intention of leaving Mauritius. He stated...
Absa Bank has acquired the wealth and personal banking business as well as the business banking business of HSBC Bank in Mauritius. The deal, whose value...
ABC Banking Corporation Ltd is reportedly among the front runners in the race to acquire the retail operations of its competitor HSBC, l’Express reported. HSBC has...
HSBC has announced it will be closing its branch in Rose-Hill on September 2, 2022. As from that date, all customer accounts, held with this branch,...
SMEs received credit facilities amounting to Rs12.45 Billion from commercial banks from 01 December 2011 to 31 July 2021, according to latest figures on SME Financing...
Ms Bonnie Qiu, Chief Executive Officer of the HongKong & Shanghai Banking Corporation Limited, has been elected as Chairperson of the Mauritius Bankers Association (MBA). During the MBA’s...
HSBC (Mauritius) has reportedly issued an alert that its logo and branding elements have been usurped by scammers – claiming to offer loan facilities from the...
