Mauritius’ banking sector has welcomed a new player with the official launch of Banque Patronus Ltd. (BPL), serving both local and international clients. A subsidiary of Dubai-based Patronus Wealth Holdings Limited, the institution has taken over the commercial operations of Habib Bank after obtaining its banking licence from the Bank of Mauritius on 27 February 2024. BPL offers a comprehensive range of banking services, including advanced cash management solutions, tailored credit facilities, securities execution services, and integrated wealth management.
The official inauguration took place on 15 June 2025 at BPL’s headquarters in Ebène. The event was marked by a plaque unveiling ceremony followed by a cocktail reception, attended by the Honourable Junior Minister of Finance, Mr Dhaneshwar Damry, BPL founders Mr Rom Atapattu and Mr Nikhilesh Pawar, along with many distinguished guests.
Banque Patronus represents a new generation of banking, driven by an ambitious vision: to reinvent the financial landscape by placing the client at the heart of every decision. Rom Atapattu, co-founder of BPL in Mauritius, explains:
“Banque Patronus embodies a new era of banking in Mauritius, where financial excellence meets human connection. As a member of the Patronus Group, backed by the strength of the LOLC Group, our bank draws on decades of international expertise to design tailor-made, transparent, high-performing, and accessible solutions. Led by a top-tier management team, Banque Patronus is committed to making our clients’ success our top priority. More than a bank, we are a trusted partner throughout every stage of our clients’ financial journeys.”
Established in Mauritius since February 2024, Banque Patronus Ltd. operates alongside its sister companies, Patronus Wealth Privé Limited and Patronus Wealth Privé (Mauritius) Limited, regulated respectively by the Dubai Financial Services Authority and the Financial Services Commission of Mauritius. The bank serves an international clientele of high-net-worth individuals, family businesses, and institutions.
Present in Mauritius for the past seven years, Patronus Wealth Privé has already built a strong reputation for excellence. Among Patronus’ principal shareholders is the LOLC Group, one of Sri Lanka’s top ten conglomerates, operating internationally and especially active in financing microenterprises and SMEs across Central, Southeast, and East Asia, as well as in Africa. The name “Patronus,” derived from Latin meaning “protector,” captures the very essence of the bank’s mission: to safeguard and grow its clients’ financial wealth with consistency, integrity, and dedication.
