26 February 2008, Bank of Mauritius
On 17 August 1999, Nedbank International Limited (then SBM Nedbank International Limited) was authorised by the Bank of Mauritius to carry on class B banking business in Mauritius under the provisions of section 3 of the Banking Act 1988.
Nedbank International Limited applied for permission from the Bank of Mauritius for the surrender of its Banking Licence under the provisions of section 11(7) of the Banking Act 2004 with effect from close of business on 28 February 2007.
Nedbank International Limited ceased to conduct banking business with effect from close of business on 28 February 2007.
The public is hereby informed that the Bank of Mauritius has, under section 11(7) of the Banking Act 2004, accepted the surrender of its Banking Licence for cancellation.
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