Contents Mauritius Key Facts Banking Sector in Mauritius Global Business Sector Why Mauritius The Group Bramer Bank International Banking Products & Services Innovations Why Bramer Bank2THE INTELLIGENT BANK
3Mauritius Key Facts Population of 1.23 million people GDP : USD11.2 bn (2011) and USD11,9 bn (2012) GDP per capita : USD 8,741 for 2011 and USD9,200 for 2012 Average growth rate from 2001 to 2010 : 4% Main industries : Manufacturing, Finance, Tourism, AgricultureKey Business indicators• World Bank Ease of doing business 2012 :19th out of 183 countries• 1st in Africa for 6 consecutive years on Mo Ebrahim Index on African Governance• 20 year track record in Emerging markets investments – Mauritius accounted for 42% (USD54 billion) of India’s FDI from2000 to 2011• Moody’s country rating:- upgraded from Baa2 to Baa1 (June 2012)
4Banking Sector in MauritiusRegulated by the Bank ofMauritius21 Banks in Mauritius (localand international banks)Growth of banks have beensteady and continuousBanking sector not reallyaffected by the financialcrisisOverall, Mauritius has a veryrobust banking sector
5What is a Global Business Hub•Allows for the creation of tax efficient and asset protectionstructures (several types of vehicles – Corporate, Trusts,Foundations, Funds, etc)•Regulatory environment to encourage investment•Confidentiality of information•Double Taxation Agreements (DTA)•Ease of doing business•Political and social stability Key Players•Banks : Traditional Banking products for local and internationalcustomers•Offshore Management Companies•Professional Service Providers : Lawyers and accountants
6 Fiscal incentives : 37 DTA (13 DTA with Africancountries) and 22 IPPAs No exchange control Multilingual and qualified workforce Strategic IFC location in terms of both timezone and location Efficiently regulated financial environment Modern communications Legal framework : combination of Englishand French Law Political and Social stability Access to major business hubs Member of African Union, SADC, COMESA,IOR-ARCWhy Mauritius ?
The GroupForms part of theBritish AmericanInvestment group(BAI)BAI has 40years ofpresence inMauritiusBAI is one of thelargestconglomerates inMauritius. Over 3000employees. GroupTurnover USD575m,Assets undermanagement :USD2.2bnHasinterests inFinancialServices,Hospitality,Healthcare, Trade&Commerce,Construction, TourismThe Financial cluster iscomprised of Banking,Insurance &Brokerage,Asset Management,Wealth Management,Forex, Stock BrokingGroup hasestablishedoperations inAfrica,Dubai,France, Malta, UKand India7
Operations in Africa Kenya : Insurance, Asset Management, Strategic investment in Banking,Property, Fund, Consumer Goods Madagascar : Retailing, Vehicles Uganda : Insurance, Asset Management (in process) Mozambique : Agriculture Farm (projected) Botswana : Insurance (Projected) South Sudan : Insurance8
Bramer Bank9MissionGenerate enhancedshareholder returns throughdelivery of excellent,differentiated products &services to growingbusinesses and aspiringindividualsValuesPerformance throughpassion and excellence inservice•Execution driven & doing theright things first time•Relationship focused andconnected to our clients•Uncompromising integrityStrategy•Leveraging businessconnectivity in existingeconomic sectors and fastergrowing regional markets•Improve access to financefor underserved segmentsOutcomeTo be the bank ofchoice for growingbusinesses & aspiringindividuals by 2015Reason why we exist How we behave andconduct businessWhere & how we compete Deliver enhancedshareholder returns by 2015Mission, Values & Strategy
10 Integrated BusinessSenior managerinvests for retirementInternational corporatepays its employeesHR manager outsourcespayroll & insuranceRetailBankingBusiness owner planswealth protection &transfer BusinessBankingPrivateBanking &WealthManagementFast growth company needs toexpand working capitalExporter requires aback-to-backTrade Finance LineRetailer wants to giveBoost to credit salesInternationalBankingProviding Cross-BorderBanking Services
11 Bramer Bank Bramer Bank is one of the fastest growing banks inMauritius It is listed on the Stock Exchange of Mauritius Started operations in 1989 as South East Asian Bank.Acquired by British American investment in 2008 -Bramer Bank Bramer Bank has 20 branches across Mauritius, whichmakes it the fourth biggest bank in terms of branchcoverage Nominated in 2013 - African Banker Awards forFinancial Inclusion Engaged in Retail Banking, Business Banking, AssetFinance, Micro Finance, Private Banking andInternational Banking
12 International Banking Operates a range of cross border bankingservices Cater for all international clients (Corporates,Individuals, Financial institutions, Investors, AssetManagers) Expanding our footprint in Africa – association withEquity Bank We have a dedicated team of relationshipmanagers and supports to cater for the needs ofour clients In depth knowledge of the Global Business sectorvia qualified and experienced staff We have very close relationships with key marketdrivers, such as Global Business ManagementCompanies, Law and Accountancy firms,regulators, Investment promotion agency Goal : be one of the leading local banks in theGlobal Business sector, by 2015 We are giving us the means to achieve this goal –recruitment, technology, new products,competitiveness, global visibility
Products & Services13Multi Currency AccountsInterest Bearing Call and Deposit accounts with Swapbetween call and deposit to maximize return for clientInternational PaymentsCredit CardsForeign exchange,Electronic Banking Platform in a secured environment.OverdraftsInternational Trade Finance (discounting lines, importcredit, LC and Guarantees)Project FinanceLoan syndicationAsset finance (equipment, shipping, aircraft etc).
InnovationsCredit card (USD, EUR and GBP)Wealth Management products for Private Banking(offshore)Structured depositsCustody Services.Foreign Exchange and Derivatives/HedgingLeveraging and bridge financing14
Why Bramer Bank?15 Flexible Close to our clients and accompany them Where others think it is too small to go Very competitive – pricing, deposit rates Local bank, but with a strong internationalfocus One of the fastest growing local banks –nominated by The Banker A strong believer in Africa
16Ashraf Esmael| Chief Executive Officer | +230 255 email@example.comIssa Soormally | Senior Vice President - Sales| +230 253 firstname.lastname@example.orgRavi Bhuruth | Vice President – International Banking | + 230 252 email@example.comMehsana Hosenbocus | Relationship Manager – International Banking | +230 254 firstname.lastname@example.orgYour Key Contacts @ Bramer Bank