admin

Annual leave It is the amount of time that an employee is allowed to spend away from work, and...

Acquisition It is a decision made by one business to acquire another. The acquiring company will accomplish this by...

Life insurance In the event of your death life insurance will provide financial security for your loved ones. In...

Agent Agents act as intermediaries to help customers purchase insurance. Accrue Refers to something that gradually accumulates over time...

Stocks A stock, also known as a share of stock, is a unit of ownership of one or more...

Asset An asset is any form of investment that can generate future income. For example, if you buy a...

Overview  The Development Bank of Mauritius (DBM) is a key institution driving the economic development of Mauritius. It provides...

Overview The Mauritius Post Office Savings Bank (POSB) operates under the Mauritius Post Office, providing accessible savings solutions to...

Historical Background Mauritius has a long tradition of commercial banking dating back to 1812, shortly after the British took...

Historical Overview and Amendments  The legal framework for banking business in Mauritius is primarily governed by the Banking Act...