CIEL Finance News

Bank One announces new additions to its senior leadership team

Bank One is pleased to announce new appointments to its Management Executive Committee to support its growth strategy and long-term strategic focus in Sub-Saharan Africa. Bhavya Shah joins as Head of Personal Financial Services and Kenny Morton as Head of Regulatory Affairs.

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BNI MADAGASCAR soutient 133 jeunes entrepreneurs

Dans le cadre du projet ‘Titre Vert’ lancé par le Président de la République malgache Andry Rajoelina, BNI MADAGASCAR apporte un soutien financier à 133 jeunes entrepreneurs dans le domaine de l’agriculture. C’est à travers le programme FIHARIANA de la 2e marque de la
BNI MADAGASCAR, KRED que la banque aide les entrepreneurs agricoles malgaches dans le développement de leurs activités.

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Citigroup décerne le Straight-Through Processing Excellence Award à Bank One

Bank One a le plaisir d’annoncer que Citigroup lui a récemment remis le Straight-Through Processing (STP) Excellence Award en reconnaissance de sa performance exceptionnelle dans le traitement des paiements internationaux, en particulier en dollars américain et en euros.

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Corporate Banking: focusing on opportunities and innovation in challenging times

Fareed Soobadar, Head of Corporate Banking at Bank One, explains that it is time for Mauritius to seize business opportunities in Africa, against a challenging international backdrop, and that innovation and digitalisation will be the watchwords for the future to meet customer needs and expectations in the corporate banking arena.

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Lakshman Bheenick takes the helm of CIEL Finance

The Board of Directors of CIEL Finance is pleased to announce the appointment of Lakshman Bheenick as CEO of CIEL Finance, as of 1 March, 2021. He succeeds Marc-Emmanuel Vives who expressed his wish to leave the company for personal and family reasons.

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CIEL Finance announces the appointment of Patrick Lee as CEO of MITCO

CIEL Finance announces the appointment of Patrick Lee as Chief Executive Officer of MITCO Group Ltd (“MITCO”), a Trust and Corporate Services Group operating in the Global Business and Corporate Services.

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Bank One: from Africa, for Africa

Bank One interview with Carl Chirwa, Head of International Banking and James Kasuyi, Head of Financial Institutions

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Global Retail Banking Innovation Awards 2020: Bank One voted “Credit Card of the Year”

Bank One is pleased to announce that it has been awarded the title of “Credit Card of the Year” for its maiden participation to the Global Retail Banking Innovation Awards 2020 organised by the Digital Banker. The Global Retail Banking Innovation Awards recognise and celebrate the world’s preeminent retail banking institutions and the contribution of their teams to the industry.

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Bank One wins three distinct awards at the Global Banking & Finance Awards

We are pleased to announce that the Global Banking & Finance Review has awarded Bank One for Best SME Bank Mauritius 2020, Best Corporate Governance Bank Mauritius 2020 and Best Custodian Bank Mauritius 2020. Launched in 2011, the Global Banking & Finance Awards honour institutions bringing inspirational changes within the global financial community.

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Bank One teams up with the Global Rainbow Foundation to make banking easier for the hearing-impaired

On December 3rd, International Day of Persons with Disabilities, the Global Rainbow Foundation launched a leaflet in collaboration with Bank One. Written in English, French and Creole, this leaflet will help improve communication between the staff of Bank One and clients from the hearing impaired community.

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Bank One raises MUR 600 million for its first issuance on the Mauritian Capital Market

(Port Louis, Mauritius) – 29 June 2020 – We are pleased to announce that Bank One has raised MUR 600 million in Subordinated Tier 2 Capital for its maiden issuance on the Mauritian Debt Capital Market. The transaction was successfully concluded with PLEION Corporate Finance Ltd acting as the Transaction Adviser.

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Bank One supports women entrepreneurs

Launched in 2019 by Bank One's CSR unit and Lakaz Lespwar Caritas Solitude, the empowerment programme entitled “Fam deboute lor to lipied” rewarded its first beneficiaries earlier this week. During an award ceremony held at Caritas Solitude, Bank One handed out cheques to five women entrepreneurs to enable them to kick-off their activities. In September 2019, the five women started a training provided by Caritas Solitude, its partner Junior Achievement Mascareignes (JAM) after a panel composed of the CSR committee of Bank One and the Lakaz Lespwar Caritas Solitude team selected their projects.

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Banking the Future in a post COVID-19 World

Opinion paper by Carl Chirwa, Head of International Banking at Bank One - Business Magazine - 17th of June 2020. By now, I can safely assume that most businesses including banks have had to tear up their meticulously detailed plans and budgets for the year. 2020 has pulled a number on every single business, government and living individual. As the saying goes ‘… you can plan a pretty picnic but you can’t predict the weather!’ This article is intended to share some thoughts particularly to Banking Executives as they try to unpack and navigate the ‘new normal’ as is now popularly known. Hopefully these insights may assist, as we all have had to literally go back to the drawing board and re imagine our near and long-term strategies in a post COVID-19 World.

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Meet Gabriel Froid, the multi-talented Assistant Relationship Officer at MITCO GROUP

Our selected personality of the month is Mr. Gabriel Froid who intelligently and passionately juggles the corporate world and the artistic field, more specifically the Fashion Industry.

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Rencontre avec Priscilla Mutty, responsable des ressources humaines chez Bank One

Elle semble être taillée pour cet univers où le facteur humain prédomine. Priscilla Mutty, est la responsable des ressources humaines chez Bank One, un poste qu’elle assure avec passion et détermination. Rencontre.

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Pritee Ombika-Aukhojee: L’humain au cœur de la finance

Du haut de ses 17 ans de carrière dans l’univers financier, Pritee Ombika-Aukhojee n’en démord pas. Jongler avec les chiffres et les stratégies, elle adore ! Head of Direct Sales à la Bank One, elle carbure aux défis mais n’en oublie pas pour autant l’aspect humain du métier.

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Bank One soutient la sélection nationale de football de moins de 20 ans

La sélection nationale de moins de 20 ans bénéficie du soutien de Bank One dans le cadre de sa participation à la COSAFA U20, prévue du 4 au 14 décembre, et à la National Division 1. Un partenariat d’une durée d’un an a été scellé entre Bank One et la Mauritius Football Association (MFA), lors d’une cérémonie le 18 novembre au siège de Bank One à Port-Louis.

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Saleem Ul Haq, COO de la Bank One : "Maurice est l'un des rares marchés à disposer d'un cadre pour les crypto-monnaies et la Blockchain"

Chez Bank One, nous voyons dans le secteur bancaire une plate-forme où tout le monde peut proposer des produits et services et où les banques et la technologie Fintech auront un rôle important à jouer. Aujourd’hui, il n’y a pas de frontières, tous les types de Fintech peuvent s’installer à Maurice. Cela va bouleverser le commerce traditionnel des banques.

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BNI P@Y, le paiement en ligne par BNI MADAGASCAR

Dans un marché en forte croissance, avec plus de 2 millions d’utilisateurs potentiels d’internet, l’e-commerce présente un avenir des plus prometteurs à Madagascar. Avec BNI P@Y, première plateforme bancaire e-commerce opérationnelle depuis 3 mois, BNI Madagascar a de nouveau démontré sa capacité à innover et répondre à une forte demande des malagasys... Le paiement en ligne !!!

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Rencontre avec Sandrine Busviah, Bank One : "Une vie professionnelle réussie, c'est avoir le sourire en rentrant et en sortant du travail, tous les jours"

De sa personnalité émane une énergie positive. Alors qu’elle poursuit son petit bonhomme de chemin à la Bank One, Sandrine Busviah enchaîne les expériences. Rencontre avec cette amoureuse de la nature et du trail, récemment promue ONE Service Team Leader.

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Projet FIHARIANA : remise des premiers financements par BNI MADAGASCAR

Le programme national d’appui aux entrepreneurs Malagasy FIHARIANA bat maintenant son plein. Initié par SEM le Président Andry Rajoelina, le programme a pour principal objectif de donner à la fois un appui technique et financier aux Malagasy désireux d’investir dans un activité productive. Le démarrage effectif de programme Fihariana au niveau national été réalisé par KRED en octroyant les premières crédits au taux exceptionnel à des paysans-éleveurs de vaches laitières à Andranomanelatra.

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Bank One organises the 1st edition of its Bank One Leadership Discussions series

Bank One organised the first edition of its Bank One Leadership Discussions (BOLD) series on September 10, 2019 at the Hennessy Park Hotel, Ebène in front of an audience regrouping thought leaders from various economic sectors. Pratibha Thaker, Editorial and Regional Director, Middle East and Africa of the Economist Intelligence Unit (EIU), was the keynote speaker debriefing on the global economy and the challenges it is currently facing. While Ben Lim, the Chief Executive Officer (CEO) of Intercontinental Trust Ltd and François Eynaud, CEO of Sun Resorts, shared their insights on the Global Business and Tourism sector respectively.

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Bank One: first in Mauritius to receive LinkedIn training

Bank One is proud to have received on July 15, 2019 the first LinkedIn training in Mauritius with Audrey Mascheroni, Account Director for LinkedIn (Africa) on leveraging the power of LinkedIn as an executive.

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Investor’s Circle : 2eme édition réussie pour Bank One Private Banking

Le 23 mai a eu lieu la deuxième Edition de l ’Investor’s Circle organisé par Bank One. Guillaume Passebecq, Head of Private Banking and Wealth Management a rappelé l’origine de cet évènement. Bank One étant en architecture ouverte en terme d’investissement, elle est amené à travailler avec l’ensemble des gérants externes. L’idée d’organiser une réunion ou il serait possible de débattre des sujets liés à la gestion d’actif a rencontré un vif intérêt de la part de ces tiers gérants dès la première Edition de l’Investor’s Circle.

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Bank One: Elite services for a unique banking experience

Discover Bank One's new tailor-made financial services thanks to Head of Retail Banking, Shehryar Bakht Ali. Elite Banking is this institution's promise of value, convenience and lifestyle benefits for affluent customers looking for a service provider with the ability to respond to their changing needs and expectations... Just a consultation away to turn your life into a masterpiece of joy by achieving your dreams.

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"CIEL Cyber Security Committee" : Un bouclier contre le cybercrime

Aujourd’hui, toutes les entreprises, quels que soient leur taille et leur secteur d’activité, doivent faire face à des cyber-attaques provenant d’organisations criminelles de plus en plus puissantes et efficaces. Par ailleurs, l’espace à protéger est de plus en plus étendu avec l’ouverture et l’interconnexion des entreprises, l’utilisation extensive des smartphones, l’exploitation du cloud pour ne citer que ces exemples. Les nombreuses et récentes attaques réussies dans les secteurs d’activités de notre groupe démontrent l’urgence de se protéger et de devenir proactif face aux menaces du cybercrime. Pour contrer ces menaces, le « Cyber Security Committee » (CSC) a été créé début 2018 au sein du Cluster Finance du Groupe CIEL, avec pour objectif d’aider les entreprises affiliées à améliorer leur capacité à piloter les Cyber-Risques et à déployer une stratégie efficace pour diminuer au maximum ces derniers et leurs impacts.

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BNI MADAGASCAR accompagne le projet national FIHARIANA

Le Président de la République SEM Andry RAJOELINA a lancé officiellement le programme d'appui national FIHARIANA pour développer l’Entrepreneuriat à l’hôtel CARLTON le samedi 18 mai dernier. De par son partenariat avec les chambres régionales de commerce et d’industrie, sa plateforme intégrée de développement des PME, ses produits et services innovants notamment dans les financements aux entreprises et son expertise financière, BNI MADAGASCAR a tous les ingrédients pour soutenir le programme FIHARIANA en accompagnant les entrepreneurs dirigeants de TPME porteurs de projets créateur de valeur.

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BNI MADAGASCAR: Innovating locally with a global perspective

Alexandre Mey, CEO of BNI Madagascar, explains to Global Finance Magazine, the bank's digital strategy and how a commitment to agility, proximity and adaptability has kept BNI in the lead for 100 years.

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BNI MADAGASCAR s’engage auprès des jeunes entrepreneurs dans le milieu agricole

23 avril 2019, quelques jours après la signature de la convention de partenariat entre BNI MADAGASCAR et le Ministère de l’Agriculture, de l’Elevage et de la Pêche concernant le programme de Promotion de l’Entreprenariat des Jeunes dans l’Agriculture et l’Agro-industrie (ou PEJAA), 35 jeunes Agripreneurs originaires de 13 régions du pays, regroupés dans 27 projets de la promotion pilote FANASINA, ont reçu leur Certificat et leur chèque pour leur installation et le financement de leur projet à l’issue de 12 mois de formation auprès du Centre d’incubation du FIFAMANOR Andranomanelatra dans les chaînes de valeur des filières blé, maïs et lait.

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Bank One holds its second CX campaign

From April 8 to 12, Bank One teams enjoyed the thrill of the various CX campaign challenges which culminated in a prize giving on April 19. The aim of the campaign is to strengthen the CX culture and align the staff around the customer.

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ProContact s’installe à l’île Rodrigues

ProContact, en installant ses opérations dès 2001, était un des pionniers des centres d’appels à l’Ile Maurice. Après avoir ouvert un site à Madagascar en 2015, ProContact poursuit son déploiement dans l’Océan Indien suite au raccordement de Rodrigues par le câble sous-marin MARS !

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Fareed Soobadar, Divisional Head – Corporate Banking, Bank One : ", les secteurs du tourisme et de l’immobilier sont... les plus porteurs pour notre économie..."

Interview de Fareed Soobadar, Head of Corporate Banking de Bank One - Défi Media - Sneha Peryagh. Le marché local demeure parsemé de défis avec une croissance moyenne dans quelques secteurs clés comme le tourisme, la grande distribution et l’immobilier uniquement. La petite taille de notre économie et par conséquent, de notre population, sont des restrictions inhérentes à la croissance future qui est attendue pour Maurice.

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BNI MADAGASCAR awarded Best Bank of Madagascar by Global Finance Magazine

Global Finance magazine has announced its 26th annual awards for the World’s Best Banks. The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success. All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world.

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Une première à Maurice : Bank One introduit le CashBack et le ‘Free for Life’ sur ses cartes de crédit

Bank One étoffe considérablement son offre relative aux cartes de crédit avec les récompenses CashBack et le ‘Free for Life’, applicables sur toutes ses catégories de cartes individuelles– Classic, Gold, Platinum et Infinite ; une première à Maurice. La particularité du CashBack est que le client n’a aucune intervention à faire, ajoute Shehryar Ali, Head of Retail Banking à la Bank One.

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Bank One celebrates its 10th anniversary with its clients

Bank One marked its 10 years of existence by gathering its key customers, directors, leadership team and business partners at Sugar Beach Resort in Flic-en-Flac on 5th December 2018 for an evening of celebration and sharing.

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1919-2019 : BNI Madagascar célèbre ses 100 ans !

1919-2019, BNI MADAGASCAR, la vénérable institution centenaire, a toujours été en osmose avec l’histoire économique du pays. Le Samedi 26 janvier dernier, BNI MADAGASCAR a réservé à ses collaborateurs la primeur de la célébration de ce jubilé au Centre de Conférences Internationales d’Ivato.

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Carl Chirwa, Head of International Banking, Bank One: "Mauritius remains undisputedly the best address in Africa for banking services..."

Bank One is fortunate to have two strong shareholders who each have an equal stake in the Bank namely CIEL Group and I&M Holdings PLC. CIEL Group is one of the largest Mauritian conglomerates with a diverse range of interests ranging from textiles, sugar, health care, hospitality to finance. Our other shareholder is I&M Holdings, a Banking and Insurance Group based in Kenya with interests in Tanzania, Rwanda and Mauritius. With these two shareholders, Bank One is well-positioned in Sub-Saharan Africa and East-Africa; as we are truly from Africa and for Africa. Indeed, we are uniquely present on and offshore of the continent and our strong Africa credentials are a fundamental part of our unique value proposition to our clients.

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Inauguration de la première 'agence verte' de BNI MADAGASCAR

Opérationnelle depuis déjà quelques semaines dans le quartier d’Antanimasajy, Mahajanga, la première AGENCE VERTE de BNI MADAGASCAR a été inaugurée officiellement le 29 novembre. Cette cérémonie a marqué une étape importante dans la politique de proximité de BNI MADAGASCAR avec l'ouverture de cette troisième agence dans la Cité des Fleurs. Mais l’événement est surtout historique car l’agence d’Antanimasajy, alimentée entièrement à l'énergie solaire, est une illustration de la démarche écoresponsable de BNI MADAGASCAR.

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CIEL Ferney Trail 2018 : 5 questions à Sandrine Busviah, 2e au classement Senior & 1ère au classement général (F) des employés du Groupe CIEL

CIEL Ferney Trail 2018 : 3700 participants, 200 volontaires et quelques 1000 collaborateurs du Groupe CIEL à faire partie de cette aventure humaine. Parmi, Sandrine Busviah, Senior Client Service Coordinator à la Bank One. Elle est 5ème au classement général féminin, 2ème au classement senior et 1ère au classement général (F) des employés du Groupe CIEL. Rencontre.

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Bank One and IPRO collaborate to create the Sales Challenge

Over the month of June, Bank One’s Private Banking team and IPRO collaborated to create the Sales Challenge – an initiative aimed at encouraging and rewarding the promotion of IPRO’s management services, and more specifically, of its Growth Fund.

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Ravneet Chowdhury, CEO of Bank One: "My motivation comes from my team"

Interview of Ravneet Chowdhury by Oliver Featherston, in CEO Magazine Bank One is one of Mauritius’ younger banks but, with Ravneet Chowdhury at the helm, it is forging a path towards being one of the island’s big players. The conservation story of the endangered Mauritius kestrel is one of tentative success. In 1974, the recorded population dropped to an all-time low of just four falcons, due to invasive species’ and agricultural chemical use. Numbers have fluctuated since, but the kestrels now number approximately 400, a noted improvement over its record low. It takes a special company to recognise the importance of conservation and do what they can to help. The Mauritius-based Bank One, headed by CEO Ravneet Chowdhury, is one such company.

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Signature d’un accord de partenariat entre Bank One et UnionPay International

L'Express - 20 juillet 2018 Evènement de taille dans l’évolution de Bank One créée en 2008. Après le groupe MCB et SBM Holdings, Bank One s’inscrit sur la liste sélective d’institutions bancaires partenaires de UnionPay International, le porte-drapeau de China UnionPay, dans le cadre de son ambition à se constituer un réseau global de paiement par cartes. L’accord scellant ce partenariat sera signé cet après-midi au siège de Bank One, Port-Louis par Huayong Ge et Ravneet Chowdhury respectivement président d’UnionPay International et Chief Executive Officer de Bank One.

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MITCO celebrates its 25th anniversary by organising several activities

In line with CIEL’s sustainability strategy, MITCO celebrated its Environmental & Sustainability Week from the 9th to the 13th of July, around 5 pillars: Business Ethics, Labour Practices, Environmental Responsibility, Stakeholder Engagement and Satisfaction, and Sustainable Design, Planning and Procurement.

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Bank One : Pari sur le numérique

En une décennie, l’omniprésence des technologies numériques a transformé les banques en d’habiles innovateurs. Considéré autrefois comme le secteur le moins technophile des services financiers, l’Asset Management (la gestion d’actifs) relève aujourd’hui le défi. Des affirmations qui trouvent tout leur sens chez Bank One, qui vient de lancer son nouveau site internet dédié aux investissements. Rencontre avec l’équipe du Private Banking.

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Dr. Suresh Nanda, Head of International Banking at Bank One: "Mauritius can compete with Dubai'

Interview of Dr. Suresh Nanda in Business Magazine No 1329 - 21st-27th of March 2018 “Mauritius is certainly the preferred jurisdiction in Africa for setting up of structures. Over the last few years, we have seen a clear trend where more and more African entrepreneurs are setting up their company structures in Mauritius. This is happening for two main reasons. Firstly, Mauritius is widely recognized as a strong jurisdiction with an excellent reputation and acknowledged stability. Secondly, there is an element of risk in many other parts of Africa and, whilst businessmen may be familiar with those markets and their specificities, they generally prefer the jurisdictional comfort of Mauritius for their corporate headquarters and structures. From our own experience in dealing with East Africa, Southern Africa and parts of West Africa, Mauritius is the choice jurisdiction across all these geographies.”

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L’Ecole Primaire Publique Amboditsiry fait peau neuve avec BNI MADAGASCAR pour son 55ème anniversaire

Un partenariat Public-Privé dynamique au service de l’éducation de base : Unis par une convention de partenariat signée depuis 2017, BNI MADAGASCAR et le Ministère de l’Éducation Nationale (MEN) travaille main dans la main pour offrir à la jeunesse malgache un environnement éducatif épanouissant.

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Adjusting to customers’ needs

Excellence at Core Innovation is often a prerequisite for offering bespoke services. It is daring to challenge the status quo and to overcome obstacles lying ahead. BNI Madagascar provides the perfect example of this spirit through the development of mobile banking services, such as the Bank to Wallet and Wallet to Bank service launched in September. This service is unparalleled since it is cost-free for all BNI customers.

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Interview of Dr Suresh Nanda, Head of International Banking at Bank One

Interview by platformafrica.com : Dr Suresh Nanda, Head of International Banking at Bank One, shares his views on the way forward for the forthcoming Blueprint for the financial services sector, and suggests that Mauritius should take the lead in focusing on collaboration between Banking, FinTech and Telcos to become a strong global hub for new generation banking, as global boundaries disappear.

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MITCO, our Trust & Services company opens international representative offices in Africa

MITCO, our Trust and Corporate Services Group, extends its network on the African continent. This subsidiary of CIEL Finance Limited has opened three international representative offices in Africa in August. With offices in Durban (South Africa) and in Seychelles, MITCO is now present in Abidjan (Ivory Coast), in Nairobi (Kenya) and in Johannesburg (South Africa).

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Interview de Guillaume Passebecq, Head Private Banking and Wealth Management chez Bank One par Investor's Magazine

Interview de Guillaume Passebecq, Head Private Banking and Wealth Management chez Bank One par Investor's Magazine : “Les clients fortunés recherchent de l’indépendance, une flexibilité et un tarif adapté » Guillaume Passebecq qui a été nommé Head of Private Banking à Bank One, il y a environ 5 mois évoque, pour Investor’s, la tendance actuelle en termes de Private Banking dans le monde. Il nous parle aussi de la généralisation de « l’architecture ouverte ».

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BNI Madagascar opens its 61st agency

BNI Madagascar is two steps closer to its clientele, having just inaugurated its 60th and 61st agencies in Sabotsy Namehana and Miarinarivo respectively in the month of July 2017

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Interview of Thierry Hugnin, Co-Founder and Managing Partner of Kibo Capital Partners by Investor's Magazine

Thierry Hugnin sur le Kibo Fund II : «  Nous venons de réaliser notre quatrième investissement » Thierry Hugnin, co-fondateur et Managing Partner de Kibo Capital Partners, offre son analyse sur les perspectives en Afrique. Il détaille aussi pour Investor’s les deux fonds lancés par la compagnie spécialiste du private equity.

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Amethis Finance, valued partner of CIEL Finance Ltd

Zoom on our partners : What better way to mark the French National Day, this 14th of July, than through the celebration of the rock-solid long-term partnership between CIEL Finance and the Paris-based group Amethis Finance? On the 25th of February 2015, both groups teamed up to to expand their footprint in Africa and the Indian Ocean.

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CFO Forum : A new exchange platform

Since the beginning of 2017, CIEL has initiated an exchange group through the organisation of quaterly CFO forums.

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New Core Banking System at BNI Madagascar

This 10th of April 2017, BNI Madagascar has gone from “ISBA” core banking system to “Amplitude”. What has changed? This migration infers a real technological revolution which will enable the bank to provide more effective banking services to its customers. In line with the launch of its new campaign “Bank of Tomorrow”, the BNI Madagascar website (www.bni.mg) has been revamped and a new Internet & Mobile Banking has been launched offering now digital transaction facilities to its users.

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CIEL reinforces its transaction capabilities

Say “Hi” to Yogesh Kissoondary, our new Corporate Finance Executive at CIEL Corporate Services (CCS). At CIEL, his primary mission will consist in leading and providing support to the leadership for strategic corporate transactions. The latter will include dealings such as mergers, acquisitions and restructuring for both CIEL Limited and the group’s five clusters. Here are Yogesh’s tips for a successful transaction...

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Thierry Hugnin: Financial risk is the main issue for Private Equity in Africa

Interview of Thierry Hugnin by Fraser Schurer-Lewis for Platform Africa : Thierry Hugnin is the Co-founder and Managing Partner of Kibo Capital Partners (KCP), a leading private equity management company domiciled in Mauritius with assets totalling $100 million USD. Hugnin is a committed advocate of Africa as a continent offering attractive opportunities for private equity. Platform Africa spoke to Hugnin in London at the annual AFSIC (African Financial Services Investment) conference at the beginning of May, where he participated in a panel discussion on the investment opportunities in Southern Africa’s Financial Services Sector.

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Bank One refurbishes its headquarters

Nearly three decades after it was first built at Sir William Newton Street, Bank One’s flagship has known a major refurbishment in 2016.

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CIEL Stories

CIEL Limited reports financial results for the Full Year 2019-2020 and First Quarter ended 30 September 2020

In response to the crisis, the Group took steps to ensure cash preservation through tighter working capital management and deferment or cancellation of all non-essential capital investments and expenditures. Employees’ health and safety was a priority and the Group participated in the fight against the pandemic by providing COVID-19 test capabilities and producing masks and medical gowns. Donations were also organised to support front liners and vulnerable populations amongst numerous other initiatives undertaken.