MAURITIUS

The small African island country of Mauritius, which lies in the south-eastern part of the Indian Ocean and to the west of the island of Madagascar, has a stable economy. It is attractive not only because of its unique Black River Gorges National Park and endless sandy beaches with lagoons and reefs, but also as a convenient platform for financial transactions in the Asian and African regions. Mauritius has one of the strongest economies in Africa and is considered to be one of the leading economic reformers in the region. The banking sector in Mauritius dates back to the early 19th century and is regarded as the most developed in the region. The banking sector in Mauritius has witnessed a rapid development in recent years. All these factors combine to make it easy to open a bank account on the island.

There are nineteen banks on the island. The most popular ones are the Mauritius Commercial Bank, State Bank of Mauritius, ABC Banking Corporation and BanyanTree Bank. The banks in Mauritius have long had a well-deserved reputation for being among the most client-friendly. They have an open and customer-oriented policy as well as are always ready for a dialogue with their clients.