06 September 2012

Mauritius: Granting of a Banking Licence to BanyanTree Bank Limited


The Bank of Mauritius has, today, granted a banking licence to BanyanTree Bank Limited under Section 7 of the Banking Act 2004.

The principal place of business of the bank is Level 13, Tower 1, Nexteracom, Cybercity, Ebene. The public will be informed of the date on which BanyanTree Bank Limited will start its operations.

The number of banks licensed to carry banking business in Mauritius now stands at 21.

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