Bank One Mauritius
Bank One Mauritius (BOM), is a bank in Mauritius. It is licensed as a commercial bank by the Bank of Mauritius, the national banking regulator.[2]
Private | |
Industry | Finance and Insurance |
Predecessor | First City Bank |
Founded | 2008 |
Headquarters | Port Louis, Mauritius |
Key people | David Proctor (Chairman), Ravneet Chowdhury (Chief Executive Officer)[1] |
Products | Banking |
Revenue | ![]() |
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Total assets | ![]() |
Owner | I&M Holdings Limited (50%) |
Number of employees | 250 (2016) |
Website | www |
BOM is a large financial services provider in Mauritius. As of December 2012, the bank had total assets valued at approximately US$630.2 million, with shareholders' equity of approximately US$36.84 million.[3]
The banks holds a 5.59% stake in Kenyan bank Oriental Commercial Bank.[4]
History
Bank One Mauritius was formed in 1997, as First City Bank Limited (FCB), when it acquired the assets of Delphis Bank Limited, a ten-year-old financial institution that was in receivership in 2012.
In 2008, I&M Bank Group, a Kenya-based financial conglomerate, acquired a 50 percent ownership in First City Bank Limited. FCB then re-branded as Bank One Mauritius.[5]
Ownership
The stock of the bank is privately owned. The table below depicts the ownership in Bank One Mauritius:
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | I&M Bank Group of Kenya | 50.00 |
2 | CIEL Investments Limited of Mauritius | 50.00 |
Total | 100.00 | |
Branches
BOM maintains networked branches at the following locations:[6]
- Main Branch - 16 Sir William Newton Street, Port Louis
- Curepipe Branch - Royal Road, Curepipe
- Rose Hill Branch - Royal Road, Rose Hill
- Rose Belle Branch - Royal Road, Rose Belle
- Vacoas Branch - John Kennedy Avenue, Vacoas
- Quatre Bornes Branch - St Jean Road, A8, Quatre Bornes, Quatre Bornes
- Triolet Branch - Royal Road, Triolet
- Mahebourg Branch - Royal Road, Mahebourg
- Flacq Branch - Charles de Gaulle Street, Flacq
- Chemin Grenier Branch - Royal Road, Chemin Grenier
- Rivière du Rempart Branch - Royal Road, Rivière-du-Rempart
- Goodlands Branch - Royal Road
See also
References
- "Board of Directors of Bank One Mauritius". Archived from the original on 14 December 2014. Retrieved 14 December 2014.
- List of Licensed Commercial Banks In Mauritius Archived 8 May 2013 at the Wayback Machine
- December 2012 Financial Highlights
- "Bank One Mauritius 2014 Annual Report" (PDF). Bank One Mauritius. 31 December 2014. Archived from the original (PDF) on 19 November 2015. Retrieved 19 November 2015.
- "History of Bank One Mauritius". Archived from the original on 22 February 2012. Retrieved 7 June 2012.
- "Branches of Bank One Mauritius". Archived from the original on 3 April 2012. Retrieved 7 June 2012.