Mauritian governor demands faster financial market expansion
The Bank of Mauritius governor, Rundheersing Bheenick, this week urged greater efforts to diversify economy away from bank lending and into bond markets.
Bheenick told an audience in Ebène on Monday (January 21) that deepening the country's financial markets is a "frustratingly slow" process, and stakeholders – including the central bank – must step up their efforts.
The governor said the Mauritian economy is dominated by bank lending, and referenced a recent International Monetary Fund working
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
More on Central Banks
Eurozone bank uncompetitiveness a ‘myth’ – Schnabel
Regulations have made lenders better, says ECB board member
Dollar remains king for now, says Tombini
BIS Americas chief tells Central Banking Autumn Meetings of lessons from events of past year
Bolivia raises $83m in bonds linked to gold prices
Central bank sells instruments directly to retail investors at above-market rate
FATF delisting of African nations a transactional move, says analyst
Organisation rejects suggestion that political factors were behind countries being taken off ‘grey list’
Supervisors widely use suptech tools for data collection and validation
AI use is growing but remains much less widespread than suptech
Resolution framework update planned by 56% of supervisors
Non-central bank supervisory authorities less likely to have bail-in powers
Collateral pre-positioning reported in half of jurisdictions
Most supervisors believe banks are ready to access emergency central bank liquidity
CBI’s approval of Israel bond prospectus was illegal – Irish lawmaker
Gary Gannon claims bank’s actions misled investors about risks and were in breach of country's Genocide Act