MauBank

MauBank Ltd
MauBank
Company typeState owned
IndustryBanking, Financial services
FoundedAugust 1, 2003 (2003-08-01) in Port Louis, Mauritius
FounderGovernment of Mauritius
Headquarters25 Bank Street, ,
Key people
ServicesConsumer banking
Corporate banking
Investment banking
Mortgage loans
Private banking
Wealth management
Credit cards
Insurance
Number of employees
  • 850
 (2021)
ParentMauBank Holding Ltd
Websitewww.maubank.mu

MauBank is a bank headquartered in Ebene CyberCity, Mauritius. It is licensed as a commercial bank by the Bank of Mauritius, the country's central bank and the nation's banking regulator. MauBank is the third largest bank in Mauritius. It offers a full range of financial services to private and corporate clients, wealthy individuals, companies, public and financial institutions. The activities are divided into different business lines: Retail & Private Banking, Corporate Banking, International Banking, Wealth Management, Insurance services, SME Banking and Leasing. MauBank maintain a network of 19 branches, including one in Rodrigues island, the bank also provides basic banking services across the 102 Post offices operated by Mauritius Post Ltd. MauBank is wholly owned by the Government of Mauritius, as at 2019 the government announced its intention of finding a strategic partner to expand the activities of the bank. MauBank's strategic decisions are taken by its board of directors, headed by the chairman. Premchand Mungar is the chief executive officer.