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AFREXIM bank is a supranational institution created
to promote trade between African states and also to
promote export trade to the world markets. It operates
a line of Credit Programme for small and medium-sized
trading entities, a project-related financing Programme
for the import of equipment needed for export manufacturing,
an investment Banking Programme for underwriting Services
and County Programme to support counties facing peculiar
economic difficulties. |
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| Central
Depository & Settlement Co Ltd |
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Central Depository & Settlement Co Ltd (CDS) provides
centralised depository, clearing and settlement services
to securities markets. The Securities(Central Depository,
Clearing and Settlement)Act 1996 provides the legal
framework for the operations of the CDS. |
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| Commonwealth
Africa Investments Ltd |
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The Commonwealth Africa Investments Ltd is the first
stage of the Commonwealth Private Investment Initiative
and is constituted of Private equity. The fund aims
to support the development of Commonwealth African economies
by investing in private sector businesses. |
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| Development
Bank of Mauritius Ltd |
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The DBM is a Development Finance Institution set up
in 1964 and privatised in 1989. It provides a whole
array of financial assistance, which covers all the
productive sectors of the Mauritian economy. Today the
bank continues to play an active role in the implementation
of Government's economic development policies and diversification
programmes. |
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| First
City Bank Ltd |
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The First City Bank Ltd (FCBL ) started operations in
May 2002 after having acquired substantially all the
banking businesses of the former Delphis Bank Ltd, which
had commenced business in 1991 by successfully acquiring
the business activities of the late BCCI Bank. To strengthen
its presence and increase its market share, Delphis
Bank later acquired the banking business of the ex-Union
Bank in 1997 and 2 ex-branches of Barclays Bank in 1998.
Just prior to its closure, Delphis Bank had a net work
of 13 branches throughout the island, a customer base
58,000 clients and a workforce of 200 employees, all
these assets and other liabilities have been transferred
to the FCBL. |
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| First
Republic Fund Ltd |
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First
Republic Fund Ltd invests in all forms of securities
and other instruments in both quoted and unquoted companies
in the Mauritius stocks for long term capital appreciations.
It is also intended to invest in securities listed in
other Stock Exchanges of the world, as well as providing
investment services. |
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| Mauritius
Housing Company Ltd |
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The Mauritius Housing Company Ltd (MHC) specialises
in providing housing finance for housing development
in Mauritius and Rodrigues. It is presently the leading
housing finance company. It offers loans for the construction,
extension, completion, and repairs of houses. It also
finances the purchase of land, house and apartments.
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| Mauritius
Leasing Co Ltd |
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Mauritius
Leasing Co Ltd provides leasing facilities for all types
of movable assets and equipment and all categories of
motor vehicles. The company also holds a deposit taking
licence as a ‘Non-Bank Financial Institution’. |
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| National
Investment Trust Ltd |
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National Investment Trust Ltd is a closed-end fund whose
principal activity is to invest in shares and securities
in both the local and international markets. The objective
of the NIT is to provide shareholders with long-term
capital growth and income from a diversified portfolio
of investments. |
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| Rodrigues
Venture Capital Fund Ltd |
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Rodrigues
Capital Venture Ltd (RCVF) provides leasing, equity
participation and loan facilities to Rodriguan entrepreneurs
in the agricultural, industrial, fishing and manufacturing
sectors at concessionary rates. |
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| South
Asia Regional Fund |
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The South Asia Regional Fund is a private equity fund
focused on the South Asian region under the Commonwealth
Private Investment Initiative, which was launched by
Commonwealth Finance ministers in 1995. It is empowered
to invest in or for the benefit of the countries forming
the South Asian association for regional corporation.
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| State
Bank International Ltd |
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The
principal activity of the SBI International (Mauritius)
Ltd is to carry on the business of banking and all services
connected therewith, namely the business of offshore
Banking in Mauritius and in any part of the world. The
Bank operates in the offshore banking sector. The Bank
was previously named State Bank International Ltd. |
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| State
Bank of Mauritius Ltd |
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State Bank of Mauritius Ltd is an integrated banking
group with a total asset base of Rs 387 billion and
a capital base of Rs 5.5 billion. It has branches all
over the island and has overseas operations in Mumbai,
Chennai and Hyderabad in India. It has also a subsidiary
bank in Antananarivo-Madagascar. |
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| State
Insurance Company of Mauritius Ltd |
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The
State Insurance Company of Mauritius Ltd (SICOM) offers
a wide range of insurance policies and financial services.
Through its subsidiaries, namely SICOM Financial Services
Ltd (SFSL), SICOM Global Fund Ltd (SGFL) and SICOM Management
Ltd (SML), it also carries out depository, investment
and management business activities. |
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| The
MFL Ltd |
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The MFL Fund is an open-ended fund which aims to achieve
long-term capital appreciation through investment in
a diversified portfolio of shares and debt securities. |
