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Public Notice: Surrender of Banking Licence by Bramer Banking Corporation Ltd (In Receivership)

17 April 2015, Bank of Mauritius
 

On 6 April 2015, the Bank of Mauritius (‘Bank’) issued a banking licence to Bramer Banking Corporation Ltd (In Receivership) (‘BBCL’), then under the control of Messrs André Bonieux and Mushtaq Oosman in their capacity as receivers, to conduct restricted banking business as from 7 April 2015.

On 16 April 2015, the receivers of BBCL have, in terms of section 11(7) of the Banking Act, and with the permission of the Bank, surrendered the above banking licence granted to BBCL on 6 April 2015.

The public is, accordingly, hereby informed that Bramer Banking Corporation Ltd (In Receivership) no longer holds a banking licence and has ceased to carry on restricted banking business in Mauritius as from 16 April 2015.