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News Mauritius Loans: Mauritius Commercial Bank Limited -- Moody's takes rating actions on three banks in Mauritius following the downgrade of Mauritius' government ratings
Rating Action: Moody's takes rating actions on three banks in Mauritius following the downgrade of Mauritius' government ratingsGlobal Credit Research - 09 Mar 2021Limassol, March 09, 2021 -- Moody's Investors Service ("Moody's") has today downgraded by one notch the long-term ratings and assessments of Mauritius Commercial Bank Limited ("MCB") and Absa Bank (Mauritius) Limited ("Absa Mauritius"). As part of the same rating action, Moody's has affirmed the ratings of SBM Bank (Mauritius) Ltd. ("SBM").
News Mauritius Loans: Exim Bank to provide USD 100 mn loan to Mauritius for procuring defence items
Mumbai, Aug 12 (PTI) The government will provide a soft loan of USD 100 million to Mauritius for the procurement of defence items by the island nation. Mumbai, Aug 12 (PTI) The government will provide ...
News Mauritius Loans: Absa Bank (Mauritius) Limited -- Moody's takes rating actions on three banks in Mauritius following the downgrade of Mauritius' government ratings
Rating Action: Moody's takes rating actions on three banks in Mauritius following the downgrade of Mauritius' government ratingsGlobal Credit Research - 09 Mar 2021NOTE: On March 15, 2021, the press ...
News Mauritius Loans: Mauritius: Indian Ocean Region - Why instability in Sri Lanka is BAD news for Mauritius...
The Sri Lankan government, embattled by an unprecedented economic crisis and going through a switch of prime ministers, is struggling to achieve stability. Here is why that is bad news for our country ...
News Mauritius Loans: MPs overrule Uhuru on collapsed bank refunds
Dubai Bank is facing liquidation while Chase Bank and Imperial Bank had their good loans and deposits transferred to State Bank of Mauritius and KCB Group respectively.Last month, KIDC started paying ...
News Mauritius Loans: India, Mauritius pact may include safeguard mechanism related provisions
Read more about India, Mauritius pact may include safeguard mechanism related provisions on Business Standard. India-Mauritius trade agreement may include safeguard mechanism related provisions to protect the domestic industry from a sudden or unusual surge in imports of goods
News Mauritius Loans: Izwe Savings & Loans builds mechanized borehole for Manya Krobo Community that relied on contaminated stream for water
Izwe Savings & Loans builds mechanized borehole for Manya Krobo Community that relied on contaminated stream for water ...
News Mauritius Loans: Mauritius: An indebted central bank
Some time back, conventional wisdom had it that Mauritius did not have to worry about its public sector debt because most of it was in local currency and subject to low interest rates.
News Mauritius Loans: HAL to export Dhruv helicopter to Mauritius
India’s Hindustan Aeronautics Limited (HAL) has signed a contract with Mauritius for the supply of a single Dhruv Advanced Light Helicopter (ALH). The contract was announced on 19 January and covers ...
News Mauritius Loans: UPL Corporation raises $700-m loan from global banks
The proceeds of the loans will be used to repay part of the debt it had raised to fund the $4.2-billion acquisition of Arysta Life Sciences in 2019.
News Mauritius Loans: At Mauritius event, PM Modi spotlights India’s development partnership approach
PM Narendra Modi said India’s approach to development partnership is based on “the needs and priorities of our partners and respects their sovereignty”, an apparent reference to China’s Belt and Road ...
News Mauritius Loans: Partners, ACT connect for $399m LBO loan
A $399m loan to support Partners Group’s acquisition of Indian broadband company Atria Convergence Technologies has been launched into general syndication. ANZ, Barclays, Credit Suisse, DBS, HSBC and ...
News Mauritius Loans: Modi, Mauritius PM launch social housing project worth $45 million
Referring to the long-standing ties between the two sides based on history, ancestry, culture, and the waters of the Indian Ocean, Modi said in his opening remarks that the development partnership has ...
