Date post: | 22-Oct-2014 |
Category: |
Economy & Finance |
View: | 1,358 times |
Download: | 3 times |
© Bramer Bank - May 2013
Contents
Mauritius Key Facts
Banking Sector in Mauritius
Global Business Sector
Why Mauritius
The Group
Bramer Bank
International Banking
Products & Services
Innovations
Why Bramer Bank
2
THE INTELLIGENT BANK
3Mauritius Key Facts
Population of 1.23 million people
GDP : USD11.2 bn (2011) and USD11,9 bn (2012)
GDP per capita : USD 8,741 for 2011 and USD9,200 for 2012
Average growth rate from 2001 to 2010 : 4%
Main industries : Manufacturing, Finance, Tourism, Agriculture
Key Business indicators
• World Bank Ease of doing business 2012 :19th out of 183 countries
• 1st in Africa for 6 consecutive years on Mo Ebrahim Index on African Governance
• 20 year track record in Emerging markets investments – Mauritius accounted for 42% (USD54 billion) of India’s FDI from
2000 to 2011
• Moody’s country rating:
- upgraded from Baa2 to Baa1 (June 2012)
4
Banking Sector in Mauritius
Regulated by the Bank of Mauritius
21 Banks in Mauritius (local and international banks)
Growth of banks have been steady and continuous
Banking sector not really affected by the financial
crisis
Overall, Mauritius has a very robust banking sector
5What is a Global Business Hub
•Allows for the creation of tax efficient and asset protection
structures (several types of vehicles – Corporate, Trusts,
Foundations, Funds, etc)
•Regulatory environment to encourage investment
•Confidentiality of information
•Double Taxation Agreements (DTA)
•Ease of doing business
•Political and social stability Key Players
•Banks : Traditional Banking products for local and international
customers
•Offshore Management Companies
•Professional Service Providers : Lawyers and accountants
6
Fiscal incentives : 37 DTA (13 DTA with African
countries) and 22 IPPAs
No exchange control
Multilingual and qualified workforce
Strategic IFC location in terms of both time
zone and location
Efficiently regulated financial environment
Modern communications
Legal framework : combination of English
and French Law
Political and Social stability
Access to major business hubs
Member of African Union, SADC, COMESA,
IOR-ARC
Why Mauritius ?
The Group
Forms part of the British American
Investment group (BAI)
BAI has 40 years of
presence in Mauritius
BAI is one of the largest
conglomerates in Mauritius. Over 3000 employees. Group Turnover USD575m,
Assets under management :
USD2.2bn
Has interests in Financial Services,
Hospitality, Healthcare
, Trade &Commerc
e, Construction, Tourism
The Financial cluster is comprised of Banking, Insurance &Brokerage,
Asset Management, Wealth Management,
Forex, Stock Broking
Group has established
operations in Africa,Dubai,
France, Malta, UK and India
7
Operations in Africa
Kenya : Insurance, Asset Management, Strategic investment in Banking,
Property, Fund, Consumer Goods
Madagascar : Retailing, Vehicles
Uganda : Insurance, Asset Management (in process)
Mozambique : Agriculture Farm (projected)
Botswana : Insurance (Projected)
South Sudan : Insurance
8
Bramer Bank9
Mission
Generate enhanced shareholder returns through
delivery of excellent, differentiated products &
services to growing businesses and aspiring
individuals
Values
Performance through passion and excellence in service
•Execution driven & doing the right things first time
•Relationship focused and connected to our clients
•Uncompromising integrity
Strategy
• Leveraging business connectivity in existing economic sectors and faster growing regional markets
• Improve access to finance for underserved segments
Outcome
To be the bank of choice for growing
businesses & aspiring individuals by 2015
Reason why we exist How we behave and
conduct business
Where & how we compete Deliver enhanced
shareholder returns by 2015
Mission, Values & Strategy
10 Integrated Business
Senior manager
invests for retirement
International corporate
pays its employees
HR manager outsources
payroll & insurance
Retail
Banking
Business owner plans
wealth protection &
transfer Business
Banking
Private
Banking &
Wealth
Management
Fast growth company needs to
expand working capital
Exporter requires a
back-to-back
Trade Finance Line
Retailer wants to give
Boost to credit sales
International
Banking
Providing Cross-Border
Banking Services
11 Bramer Bank
Bramer Bank is one of the fastest growing banks in
Mauritius
It is listed on the Stock Exchange of Mauritius
Started operations in 1989 as South East Asian Bank.
Acquired by British American investment in 2008 -
Bramer Bank
Bramer Bank has 20 branches across Mauritius, which
makes it the fourth biggest bank in terms of branch
coverage
Nominated in 2013 - African Banker Awards for
Financial Inclusion
Engaged in Retail Banking, Business Banking, Asset
Finance, Micro Finance, Private Banking and
International Banking
12 International Banking Operates a range of cross border banking
services
Cater for all international clients (Corporates, Individuals, Financial institutions, Investors, Asset Managers)
Expanding our footprint in Africa – association with Equity Bank
We have a dedicated team of relationship
managers and supports to cater for the needs of our clients
In depth knowledge of the Global Business sector via qualified and experienced staff
We have very close relationships with key market drivers, such as Global Business Management
Companies, Law and Accountancy firms, regulators, Investment promotion agency
Goal : be one of the leading local banks in the Global Business sector, by 2015
We are giving us the means to achieve this goal –recruitment, technology, new products,
competitiveness, global visibility
Products & Services13
Multi Currency Accounts
Interest Bearing Call and Deposit accounts with Swap between call and deposit to maximize return for client
International Payments
Credit Cards
Foreign exchange,
Electronic Banking Platform in a secured environment.
Overdrafts
International Trade Finance (discounting lines, import credit, LC and Guarantees)
Project Finance
Loan syndication
Asset finance (equipment, shipping, aircraft etc).
InnovationsCredit card (USD, EUR and GBP)
Wealth Management products for Private Banking (offshore)
Structured deposits
Custody Services.
Foreign Exchange and Derivatives/Hedging
Leveraging and bridge financing
14
Why Bramer Bank?15
Flexible
Close to our clients and accompany them
Where others think it is too small to go
Very competitive – pricing, deposit rates
Local bank, but with a strong international
focus
One of the fastest growing local banks –
nominated by The Banker
A strong believer in Africa
16
Ashraf Esmael| Chief Executive Officer | +230 255 5210
Issa Soormally | Senior Vice President - Sales| +230 253 5550
Ravi Bhuruth | Vice President – International Banking | + 230 252 0725
Mehsana Hosenbocus | Relationship Manager – International Banking | +230 254 6958
Your Key Contacts @ Bramer Bank
Thank You
17
© Bramer Bank – May 2013