27:
922:
447:
276:(BAG), the then majority shareholder of Barclays Bank of Mauritius Limited, decided to divest its majority shareholding in BAG, worth £3.5 billion at that time. In 2017 Barclays reduced its shareholding in BAG to 14.9 percent.
470:
363:
279:
Subsequently, in 2018 BAG re-branded to Absa Group
Limited. Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries.
597:
236:, the oldest bank in Mauritius that became a component of the bank, is The National Bank of South Africa, which established a branch in the country in 1919. In 1925,
197:. As of September 2010, the bank had assets of MUR:127,295,000,000 (US$ 3.343 billion), with shareholders' equity of MUR:16,011,000,000 (US$ 420.494 million).
245:
282:
In
Mauritius, the re-brand concluded on 10 February 2020, when both the bank's legal and business names became Absa Bank Mauritius Limited.
1000:
193:
Absa Bank
Mauritius is a large financial services company, serving corporate clients, high networth individuals, retail customers and
995:
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294:, chaired by Iqbal Rajahbalee, one of the non-executive directors. The managing director and CEO is Ravin Dajee.
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364:"Ravin Dajee, managing director of Absa bank: "Going from Barclays to Absa is not just a change of name""
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471:"Barclays Bank Mauritius Limited: Summary Statement of Financial Position As At 30 September 2019"
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Loans, checking, savings, mortgages, debit and credit cards, wealth management, investments, etc.
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205:
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261:
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338:"Absa Bank Mauritius Limited: About Us: Our Board: Iqbal Rajahbalee, Chairman of the Board"
216:
countries and with assets in excess of US$ 87 billion as of 30 June 2017, whose shares of
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The headquarters of the bank are located at Absa House, 68 Wall Street, Cybercity,
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181:. Ebene is a town approximately 16 kilometres (10 mi), by road, south of
974:
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264:, with Barclays Plc holding a controlling 62.3 percent majority ownership.
248:. Since then the bank went through mergers, acquisitions and divestitures.
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26:
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520:"Financial overview of the JSE listed company Absa Group Ltd. (ABG)"
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448:"Distance between Port Louis, Mauritius and Ebene, Mauritius"
217:
174:
165:, the country's central bank and national banking regulator.
80:
497:"Profile of Barclays Africa Group (now Absa Group Limited)"
422:
335:
112:
627:"Absa Group completes renaming of African subsidiaries"
598:"Barclays Africa returns to its SA roots with rebrand"
568:
Martin Arnold and
Patrick Jenkins (26 February 2016).
244:
and
National Bank of South Africa were merged to form
469:
Barclays Bank
Mauritius Limited (30 September 2019).
476:. Ebene, Mauritius: Barclays Bank Mauritius Limited
396:
256:, until 1 June 2013, when it was incorporated as
972:
545:. London: Barclays Bank Archives. Archived from
427:. Ebene, Mauritius: Absa Bank Mauritius Limited
340:. Ebene, Mauritius: Absa Bank Mauritius Limited
272:In 2016, Barclays, which owned 62.3 percent of
246:Barclays Bank (Dominion, Colonial and Overseas)
185:, the capital and largest city in the country.
624:
367:(Translated from the original French language)
260:. That same year, the bank became a member of
672:
445:
423:Absa Bank Mauritius Limited (25 March 2020).
336:Absa Bank Mauritius Limited (25 March 2020).
543:"History of Barclays Bank Mauritius Limited"
540:
494:
361:
679:
665:
425:"Absa Bank Mauritius Limited: Head Office"
517:
570:"Barclays set to exit African business"
290:The bank is supervised by a ten-person
79:Absa House, 68 Wall Street, Cybercity,
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660:
522:. Johannesburg: Moneyweb South Africa
399:"List of Licensed Banks in Mauritius"
874:Jason Quinn (Group Finance Director)
392:
390:
357:
355:
331:
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1001:Companies based in Ebene, Mauritius
625:Isaiah Mwebaze (13 February 2020).
618:
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397:Bank of Mauritius (25 March 2020).
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996:1919 establishments in Mauritius
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25:
446:Globefeed.com (25 March 2020).
155:Barclays Bank Mauritius Limited
686:
629:. Kampala: Eagle Uganda Online
267:
1:
815:Woolworths Financial Services
789:Absa Manx Insurance Company (
362:Le Mauricien (2 March 2020).
319:
304:Absa Bank (Mauritius) Limited
285:
232:According to the archives of
200:This bank is a subsidiary of
695:Subsidiaries and investments
195:small and medium enterprises
63:; 105 years ago
16:Commercial bank in Mauritius
7:
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222:Johannesburg Stock Exchange
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151:Absa Bank Mauritius Limited
20:Absa Bank Mauritius Limited
10:
1017:
843:United Bank (South Africa)
837:Allied Bank (South Africa)
518:Moneyweb (25 March 2020).
495:Relbanks.com (July 2017).
309:List of banks in Mauritius
227:
212:, with subsidiaries in 12
157:, is a commercial bank in
153:(ABML), formerly known as
991:Banks established in 1919
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118:
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24:
252:operated as a branch of
957:20.243472°S 57.493750°E
871:(Group Chief Executive)
783:Absa Capital Securities
606:. Reuters. 11 July 2018
314:List of banks in Africa
258:Barclays Bank Mauritius
250:Barclays Bank Mauritius
234:Barclays Bank Mauritius
204:, a financial services
796:Barclays Life Botswana
741:Absa Bank South Africa
224:under the symbol ABG.
962:-20.243472; 57.493750
829:Historical components
809:First Assurance Kenya
603:Business Daily Africa
541:Barclays Plc (2020).
274:Barclays Africa Group
262:Barclays Africa Group
799:Barclays Life Zambia
736:Absa Bank Seychelles
731:Absa Bank Moçambique
953: /
847:Volkskas Bank Group
726:Absa Bank Mauritius
575:The Financial Times
238:Anglo-Egyptian Bank
208:, headquartered in
21:
986:Absa Group Limited
981:Banks of Mauritius
746:Absa Bank Tanzania
709:Absa Bank Botswana
702:Banking businesses
292:board of directors
202:Absa Group Limited
161:, licensed by the
52:Financial services
42:Absa Group Limited
19:
936:
935:
824:
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786:Absa Life Limited
777:Other investments
403:Bank of Mauritius
163:Bank of Mauritius
148:
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109:Managing Director
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865:(Group Chairman)
863:Wendy Lucas-Bull
831:and acquisitions
756:Absa Bank Zambia
751:Absa Bank Uganda
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549:on 25 March 2020
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905:Absa Building (
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720:Absa Bank Kenya
715:Absa Bank Ghana
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646:External links
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499:. Relbanks.com
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948:57°29′37.5″E
945:20°14′36.5″S
938:
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893:Johannesburg
767:African Bank
761:NBC Tanzania
725:
631:. Retrieved
620:
608:. Retrieved
601:
592:
580:. Retrieved
573:
563:
551:. Retrieved
547:the original
536:
524:. Retrieved
513:
501:. Retrieved
490:
478:. Retrieved
464:
452:. Retrieved
441:
429:. Retrieved
418:
406:. Retrieved
377:. Retrieved
375:. Port Louis
372:Le Mauricien
370:
342:. Retrieved
289:
281:
278:
271:
231:
210:South Africa
206:conglomerate
199:
192:
172:
154:
150:
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104:
96:
76:Headquarters
34:Company type
960: /
791:Isle of Man
268:Name change
105:Ravin Dajee
975:Categories
889:Absa Tower
856:Management
688:Absa Group
320:References
286:Governance
183:Port Louis
92:Key people
38:Subsidiary
900:Cape Town
805:(23.125%)
179:Mauritius
159:Mauritius
140:/personal
134:.absabank
85:Mauritius
927:Category
907:Pretoria
633:25 March
610:24 March
582:24 March
578:. London
553:25 March
526:24 March
503:25 March
480:25 March
454:25 March
431:25 March
408:25 March
379:25 March
344:25 March
298:See also
254:Barclays
189:Overview
169:Location
119:Products
101:Chairman
48:Industry
811:(63.3%)
722:(68.5%)
711:(67.8%)
228:History
214:African
127:Website
66: (
58:Founded
882:Other
817:(50%)
763:(55%)
474:(PDF)
218:stock
175:Ebene
81:Ebene
769:(5%)
635:2020
612:2020
584:2020
555:2020
528:2020
505:2020
482:2020
456:2020
433:2020
410:2020
381:2020
346:2020
111:and
68:1919
61:1919
138:/en
136:.mu
132:www
113:CEO
40:of
977::
600:.
572:.
389:^
369:.
354:^
328:^
240:,
177:,
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895:)
891:(
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680:e
673:t
666:v
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348:.
142:/
70:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.