The supervisory and licensing body of all banks is the Bank of Mauritius (BOM) which is the Central Bank. The Central Bank monitors the capital and liquidity ratios of banks which otherwise may transact business freely. Banks are required to maintain separate accounts for resident and non-resident clients.
The Mauritian Banking sector comprises both Mauritian banks, some of which have a regional footprint in India and Africa and International Banks. A couple of offshore banks also operate in Mauritius. For a comprehensive list of banks licensed by the Bank of Mauritius please click here.