News

Strengthening our lending capacity in Mauritius and the region

July 14, 2020

“Our main and immediate objective is to strengthen our lending capacity both in Mauritius and across Sub-Saharan Africa”

– Mark Watkinson, CEO of Bank One

Bank One recently announced that it raised MUR 600 million in Subordinated Tier 2 Capital for its maiden issuance on the Mauritian Debt Capital Market. According to Mark Watkinson, through this first issuance, the objective of the bank is to strengthen its lending capacity both in Mauritius and across Sub-Saharan Africa, most specifically SMEs (local market), financial Institutions and large corporations (Sub-Saharan Africa). He also believes that there are countless investment opportunities in Africa and Mauritius undeniably plays an important role as a sophisticated and stable platform for investors looking to access the continental mainland.

Read the full interview in L’Express (in French) >