Interview of Mr Premchand Mungar in Discover and Invest Magazine

Speaking to Discover & Invest Magazine, Premchand Mungar states that, with Mauritius’ exit from the grey list of the FATF, new perspectives arise: great traction with foreign financial institutions is being observed, and negotiations which had remained frozen for some time are now opening new pipelines. MauBank he says is set to develop a range of more sophisticated products and invest in the necessary tools and expertise to give itself the means to leverage the sector. Ultimately, the ambition of the bank is to have 30 to 40% of its profits deriving from segment B.

Please click here to read the article