 | |
| Industry | Banking |
|---|---|
| Predecessor | Barclays Bank Mauritius until 10 February 2020 |
| Founded | 1919 |
Key people | Iqbal Rajahbalee (Chairman) Ravin Dajee (MD) Franco Davis (CFO) |
| Parent | ABSA Group Limited |
| Website | www |
ABSA Bank (Mauritius) Limited is a Commercial bank in Mauritius, it is part of Absa Group Limited. Mr Ravin Rao Dajee is currently the Managing Director. [1]
In 1925, National Bank of South Africa was merged with the Anglo-Egyptian Bank and the Colonial Bank in 1925 to form Barclays Bank (Dominion, Colonial and Overseas). [2] This brought the Mauritian operations under Barclays Bank. In 2002, Barclays Bank Mauritius bought Banque Nationale de Paris Intercontinentale (BNPI). This acquisition brought with it six branches to add to Barclays' existing 13 branches. [3]
The Bank operated as a branch of Barclays Bank Plc until 1 June 2013 when it was locally incorporated as Barclays Bank Mauritius Limited ("BBML"). [4] On 10 February 2020, the Bank of Mauritius announced the cancelling of Barclays Bank Mauritius Limited's licence and that a new banking licence issued for the company in its new name Absa Bank (Mauritius) Limited. [5]
HSBC Bank Malta plc is the Maltese subsidiary of the British multinational banking and financial services company HSBC. The company is headquartered in Valletta and operates over 30 branches and offices throughout the islands of Malta and Gozo. HSBC Bank Malta is part of the European region within HSBC and therefore reports to HSBC Bank plc.
Barclays Bank has operated as a retail and commercial bank in Canada from 1929 to 1956, from 1979 to 1996, and most recently from 2010.
Absa Group Limited (ABGL), and originally Amalgamated Banks of South Africa, is a South African-based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well as bancassurance.
Mauritius Commercial Bank (MCB) is a commercial bank in Mauritius. It was one of the commercial banks licensed by the Bank of Mauritius, the country's central bank and the nation's banking regulator. The bank's headquarters are located in Port Louis, Mauritius.
The Big Four is the colloquial name given to the four main banks in several countries where the banking industry is dominated by just four institutions and where the phrase has thus gained currency.
Volkskas Beperk was a South African bank founded in 1934 as a cooperative loan bank, becoming a commercial bank in 1941. In 1991, by which time it had become South Africa's largest Afrikaner bank, Volkskas merged with United Building Society, Allied Building Society and Trust Bank to form Amalgamated Banks of South Africa.
The Anglo-Egyptian Bank was a British overseas bank established in 1864.
Before Uganda's independence in 1962, the main banks in Uganda were Barclays ; Grindlays, Standard Bank and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government ownedUganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development bank was a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda.
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa, with banking subsidiaries in 12 African countries and representative offices in two other African countries. Absa Bank Group, whose shares trade on the JSE Limited, is reported to have total assets in excess of US$91 billion, as of October 2019.
National Bank of Commerce (Tanzania), whose full name is National Bank of Commerce (Tanzania) Limited, sometimes referred to as NBC (Tanzania), or as NBC (Tanzania) Limited, is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the country's central bank and the national banking regulator. In August 2019, the bank was fined 1 billion Tanzanian shillings ($435,000) because of the failure to establish a data center in the East African nation.
Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.
Barclays plc is a British multinational investment bank and financial services company, headquartered in London, England. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.
Absa Bank Tanzania Limited (ABT), formerly Barclays Bank Tanzania Limited, is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. ABT is licensed by the Bank of Tanzania, the country's central bank and national banking regulator.
Absa Bank Zambia Plc, formerly Barclays Bank of Zambia, is a commercial bank in Zambia. It is licensed by the Bank of Zambia, the central bank and national banking regulator.
Absa Bank Mozambique, formerly known as Barclays Bank Mozambique, is a commercial bank in Mozambique. It is licensed by the Bank of Mozambique, the central bank and national banking regulator.
Absa Bank Botswana Limited (ABBL), formerly known as Barclays Bank of Botswana Limited, is a commercial bank in Botswana, licensed by the Bank of Botswana, the country's central bank and national banking regulator.
Absa Bank Mauritius Limited (ABML), formerly known as Barclays Bank Mauritius Limited, is a commercial bank in Mauritius, licensed by the Bank of Mauritius, the country's central bank and national banking regulator.
Absa Bank Seychelles Limited, formerly known as Barclays Bank Seychelles Limited, is a commercial bank in Seychelles. It is licensed by the Central Bank of Seychelles, the central bank and national banking regulator.
Absa Bank Ghana Limited (ABGL), formerly known as Barclays Bank of Ghana Limited, is a commercial bank in Ghana, licensed by the Bank of Ghana, the country's central bank and national banking regulator. ABGL is a subsidiary of Absa Group Limited, a financial services conglomerate, headquartered in South Africa, with subsidiaries in 12 African countries and with assets in excess of US$87 billion as of 30 June 2017. Absa Group's shares trade on the Johannesburg Stock Exchange under the symbol ABG.
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