Furieux de ne pouvoir retirer leur argent et insatisfaits des explications obtenues à la Banque de Maurice (BoM), quelques dizaines de clients de la Bramer Bank ont tenté ce matin de rencontrer le ministre des finances Vishnu Lutchmeenaraidoo. Refoulés de l’entrée de la Government House, c’est devant le Prime Minister’s Office qu’ils sont allés exprimer leur mécontentement. C’est dans un communiqué émis peu après minuit que la BoM a annoncé
Tag "bramer bank"
Mauritius financial services major Bramer Banking Corporation registered a profit before tax of Rs 43.2 million for the six month period ended June 30, 2014, an almost four-fold rise over Rs 11.6 million achieved in the corresponding period last year. In addition, for the quarter ended June 30, 2014, the bank achieved a profit before tax of Rs 22.4 million against Rs 4.5 million in the year-ago period. Bramer Bank
Mauritius financial major Bramer Bank has made a net profit before tax of Rs 94.5 million (profit after tax: Rs 90.9 million) for the year ended 31 December 2013 compared to Rs 9.8 million for the eight month-period ending 31 December 2012. To explain the exceptionnal rise in profits, the annual report notes that the Bank in 2013 has “extended its business into new lines of activities” and has hence
Ashraf Esmael continued his interview to AfricaMoney by turning his lens from the past achievements of Bramer Bank to the future of the Bank, and that of the Mauritian banking sector overall. Our financial expert stated that the Mauritian banking sector must achieve innovation, regional diversification and constant technological monitoring to retain its competitive edge in the future. Bramer Bank recently announced a merger with a major African bank. How
Ashraf Esmael, CEO, Bramer Bank, opened up to AfricaMoney on how the bank made significant investments to modernise its core banking system, strengthened its human capital and extended its geographical footprint to get closer to customers. Our financial expert also provided us with key insights into the rebranding exercise following the bank’s merger with Mauritius Leasing, its green initiatives and its success mantra in the competitive banking sector of the
Mauritian financial services major Bramer Bank is currently holding discussions with a major African bank for a possible merger. The management stated that Bramer Bank has ambitious expansion plans for Africa and such a partnership would give it a major advantage in accessing new markets on the continent which are yet underpenetrated. “The opportunity to work with a large African bank would give us direct access to a huge market