Mauritius

Mauritius is categorised as an upper-middle income country and enjoys robust growth. It has successfully transformed into a diversified economy, driven by innovation. It offers an environment conducive to business growth and investment with a low tax regime, tax-free dividends, no exchange control and no duties for export-oriented operators for their inputs and equipment.

As the highest-ranked African country for ease of doing business, Mauritius is set for continued growth in key industries including tourism, property development and financial services.

It has the highest adult literacy rate in Africa, and free education at primary and secondary school level. It also has a young and innovative workforce, with a strong pool of professionals across sectors.

Quick view

• Population: 1 320 000
• Nominal GDP: USD12.4 billion
• Real GDP growth: 3.6%
• CPI: 3.3%

* 2015 forecast

In Mauritius, we support clients across the sector and region, depending on their needs. Standard Bank is providing specific expertise in supporting clients in financial services, tourism, manufacturing and textiles, and the growing renewables market. There has been a growing requirement for commercial and financial support into property and infrastructure.

Read more about Standard Bank Group’s sector specialism.

Our Corporate and Investment Banking team provides a full suite of financial solutions to larger corporates, financial institutions, international counterparties, governments, parastatals and high net worth individuals.

Having developed in line with globalising markets, Standard Bank Mauritius combines the advantages of the business friendly environment of Mauritius, the expertise of our in-country team and the synergy within our global distribution network to provide differentiated solutions to clients.

We understand the unique character of business in Mauritius and in Africa; from banking, transaction and regulatory requirements to the key players and opportunities.

Global Markets

The Global Markets team concentrates on:

• Foreign exchange trading and sale
• Money markets and treasury bills
• Fixed income/bond trading
• Interest rate derivative hedging and structuring
• Structured products for yield enhancement or risk management solutions
• Commodities hedging
• Global Markets research

Investment Banking

We offer:

• Leveraged finance
• Term lending
• Debt capital markets
• Project finance
• Corporate finance and advisory
• Property finance
• Equity capital markets
• Securitisation
• Structured trade finance
• Asset finance
• Structured finance

Transactional Products and Services

We work across:

• Cash management, including payments and collections, and liquidity management
• Trade finance services across documentary credits and collections, guarantees and finance
• Investor services, including settlement of trades, safekeeping assets, registration of securities, income collections, corporate actions and client reporting.

Private Banking and Wealth Management

Our discreet and proactive Private Banking and Wealth Management services address the unique financial needs of high net worth clients. We provide personalised financial solutions to each client, across:

• Transactional banking
• Investments
• Loans

Dedicated client relationship managers provide a single point of entry into Standard Bank’s full financial services competencies.

Read more about corporate and investment banking solutions for your business.