Central Banking | 11 May 2009
Mauritius is consolidating its first steps in Islamic finance, aiming to position the country as a jurisdiction of choice for world-class Islamic financial services, said Rundheersing Bheenik, the governor of the central bank.
Central Banking | 20 Feb 2009
The global financial crisis is going to reshape the international financial architecture, said Petar Goshev, the governor of the National Bank of Macedonia.
Central Banking | 31 Oct 2008
The Bank of Mauritius has cut its benchmark interest rate by 50 basis points to 7.75% during a specially convened meeting on Friday.
Central Banking | 03 Sep 2008
The Bank of Mauritius is committed to continuing its leading role in the development of the country's banking and financial sector, Jameel Khadaroo, a deputy governor of the central bank, has said.
Central Banking | 29 Apr 2008
The Bank of Mauritius will hold a special Monetary Policy Committee (MPC) meeting on 2 May, the central bank said on Tuesday.
Central Banking | 25 Mar 2008
The Bank of Mauritius chopped half a point off its benchmark repo rate on Monday 24 March.
Central Banking | 25 Mar 2008
The Bank of Mauritius is considering a proposal from the World Bank for the government to allow them to issue Mauritian-rupee denominated or linked bonds, explained Rundheersing Bheenick, the governor of the central bank, at a workshop on local currency-bond trading and risk management.
Central Banking | 03 Jan 2008
The success of the banking industry is critical for the economic development of Mauritius, says Rundheersing Bheenick, the governor of the Bank of Mauritius.
Central Banking | 03 Jul 2007
The Bank of Mauritius, the country's central bank, announced on 30 June that it had raised its key repo rate by 75 basis points to 9.25% with effect from 2 July. The decision came after the third meeting of the central bank's Monetary Policy Committee (MPC), which was established in April.
Central Banking | 16 May 2007
In the speech 'Towards the African Monetary Union' given on 9 May Rundheersing Bheenick of the Bank of Mauritius said the launching of the Monetary Policy Committee as a statutory committee of the Bank of Mauritius marked the start of a new era in monetary policymaking in Mauritius.
Central Banking | 30 Apr 2007
In the speech 'Launch of the Monetary Policy Committee at the Bank of Mauritius' given on 23 April Rundheersing Bheenick of the Bank of Mauritius said today is the start of a new era in monetary policymaking in Mauritius.
Central Banking | 27 Apr 2007
According to this article from the Mauritius Times, published Friday 27 April, the decision by the Bank of Mauritius to set up a Monetary Policy Committee should be welcomed as a move away from the Middle Ages of central banking.
Central Banking | 09 Feb 2007
According to the Bank of Mauritius' Annual Report 2005-2006, the economic performance during fiscal year 2005-06 was characterized by a real GDP growth of 3.5 per cent, and an increase in the budget deficit as a proportion of GDP to 5.3 per cent.
Central Banking | 17 Jan 2007
In the speech 'Bank of Mauritius' new headquarters' given on 18 December R Basant Roi of the Bank of Mauritius said a particular feature of the new building is the wide range of special security provisions.
Central Banking | 27 Sep 2006
The governor of the Central Bank of Mauritius said Wednesday 27 September that the bank will move to a new monetary policy framework next month, the first major shift since 1999.
Central Banking | 17 Jul 2006
According to the Bank of Mauritius' Annual Report 2005, economic performance during fiscal year 2004-05 was characterised by a real GDP growth of 4.1 per cent.
Central Banking | 13 Sep 2005
The IMF Working Paper "'Inflation targeting lite' in small open economies: The case of Mauritius" develops a new macrofinance model for small open economies, allowing the investigation of Mauritius's experience with 'inflation targeting lite'.
Central Banking | 10 Dec 2004
The Bank of Mauritius has published its Annual Report for the year ended 30 June 2004. The Mauritian economy registered a commendable performance during fiscal year 2003-04, according to the governor Rameswurlall Basant Roi in his statement.
Central Banking | 09 Aug 2004
In a speech on 'Banking in Mauritius' given on 8 July, R Basant Roi of the Bank of Mauritius said banking, as we are all aware, involves risk. No banker, anywhere in the world, is absolutely certain that money lent out will be fully repaid in time. The risk of default is ever present.
Central Banking | 26 Mar 2004
The Bank of Mauritius has awarded a contract for the construction of a new multi-storey headquarters in Port Louis.
Central Banking | 12 Nov 2002
ANNUAL REPORT - The Bank of Mauritius has published its Annual Report for the year ended 30 June 2002.
Central Banking | 02 Sep 2002
SPEECH - In the speech titled 'A central banker's piece of advice to bankers' Basant Roi quotes 7 paragraphs from a letter, 140 years old. The letter, he says, provides invaluable advice to bankers.
Central Banking | 26 Nov 2001
ANNUAL REPORT - The central bank of Mauritius has published its Annual Report for the year ended 30 June 2001.
Central Banking | 21 Dec 2000
Mauritius' central bank on Dec 21 2000 launched an automated real time clearing and settlement system for the country's banking sector.
This report covers the specific technologies required for firms to improve their ORM processes.
This white paper looks at the Basel Committee's BCBS239 principles, also known as PERDARR (Principles for Effective Risk Data Aggregation and Risk Reporting), which comes into force from 1 January 2016.