Barclays Bank Mauritius

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An ancestor of Barclays Bank, National Bank of South Africa, first entered Mauritius in 1919. In 1925, National Bank of South Africa was merged with the Anglo-Egyptian Bank and the Colonial Bank in 1925 to form Barclays Bank (Dominion, Colonial and Overseas).[1] This brought the Mauritian operations under Barclays Bank. Since then, Barclays Bank Mauritius has grown to be the third largest bank in Mauritius, after Mauritius Commercial Bank and State Bank of Mauritius, with 25 branches and a market share of about 10-12%.

In 2002, Barclays Bank Mauritius bought Banque Nationale de Paris Intercontinentale (BNPI). This acquisition brought with it 6 branches to add to Barclays' existing 13 branches.[2]

Barclays Bank Mauritius operated as a branch of Barclays Bank Plc until 1 June 2013 when it was locally incorporated as Barclays Bank Mauritius Limited (“BBML”).[3]

Mr Ravin Rao Dajee is currently the Managing Director.

External links[edit]

References[edit]

  1. ^ Anthony, Michael (2001). Historical Dictionary of Trinidad and Tobago. Scarecrow Press, Inc. Lanham, Md., and London. ISBN 0-8108-3173-2. 
  2. ^ "Mauritius Newspapers". 2011. Retrieved 2011-09-15. 
  3. ^ "Barclays in Mauritius". Barclays Bank Mauritius. Retrieved 2016-02-23.