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HomeFinanceBank One clinches Third Consecutive Title of "Best SME Bank in Mauritius”

Bank One clinches Third Consecutive Title of “Best SME Bank in Mauritius”

Port Louis, 08 April 2024 – Bank One proudly announces its third consecutive win as the “Best SME Bank in Mauritius,” awarded by Global Finance Magazine. This recognition reaffirms Bank One’s dedication to providing tailored financial solutions and steadfast support to small and medium-sized enterprises (SMEs) across Mauritius.

Recognising the pivotal role SMEs play in driving economic growth and development globally, Joseph Giarraputo, founder and editorial director of Global Finance, emphasised the importance of financial partners catering to this segment. He states, “Identifying financial partners that focus on this segment and deliver for local clients on the ground provides a unique service to savvy entrepreneurs seeking the next level of financial success.

Bank One’s consistent success in winning this prestigious title confirms its position as a trusted financial partner for SMEs in Mauritius. With a profound understanding of the challenges and opportunities SMEs encounter, Bank One remains steadfast in its commitment to empowering SMEs to thrive and grow amidst the shifting business landscape.

Sendy Thoplan, Head of SME and Business Banking at Bank One, expressed his pride and gratitude, saying, “I am incredibly proud to announce our latest achievement for being awarded Best SME Bank 2024 in Mauritius. This recognition speaks volumes about our dedication to supporting SMEs with innovative financial solutions and personalised service. We are truly honoured to receive this award and will continue to strive for excellence in serving the SME community.”

For more information about Bank One and its services, please visit: https://bankone.mu/en/sme/ 

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About Bank One Limited:

Bank One is a joint venture between CIEL Finance Limited in Mauritius and Kenya-based I&M Group PLC. Over the last decade, it has built a client base of over 50,000, a dedicated team of over 425 experienced collaborators, and an asset base exceeding MUR 46 billion. Bank One provides a wide range of banking products and services to its clients through a geographic footprint spread across the island of Mauritius, comprising 7 branches and a well-distributed ATM network. As the financial landscape in sub-Saharan Africa continues to evolve, Bank One is determined to play an active role in supporting individuals, businesses and communities through continuous innovation and value addition. Bank One has deep development finance institution relationships and long-term funding lines in place with the German Investment Corporation (DEG), the International Finance Corporation (IFC), and the French Development Agency (Proparco). Bank One has been rated ‘BB-‘ with a Stable Outlook by Fitch Ratings.

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