The Mauritian Financial System

In: Business and Management

Submitted By Parish101
Words 6505
Pages 27
The Mauritian Financial services sector has witnessed a rapid growth since recent years and it is now one of the main pillars of the economy. The sector has stepped up its role in the economy partly due to the government support to the industry.
Mauritius has therefore proved to be a leading international Financial Centre for Asian and African investments. The newly launched Global business sector backed by a growing banking sector and a profitable stock Exchange in the early 1990’s strengthened the Mauritius International Financial Centre.
The Mauritian Financial services sector consists of banking, global business, insurance and re-insurance and other non-banking financial intermediaries. This is better explained below:

The Mauritian Financial Services Sector

Banking (regulated by Bank of Mauritius) Non-banking -Banks of Mauritius (regulated by FSC) -Foreign Exchange Dealers - Stock Market - Insurance sector -Global business sector -Leasing company -Fund management Industry.…...

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