HSBC said in a statement that it ''remains committed to the Mauritius market and continues to invest in growing its Global Business, and Corporate Banking businesses in Mauritius.'' Present in ...

(Bloomberg) — HSBC Holdings Plc has agreed to sell its retail and business banking units in Mauritius to Absa Group Ltd., the ... liabilities tied to about 38,000 customers, according to a statement.

The transaction includes assets and liabilities tied to about 38,000 customers, according to a statement ... bank in Mauritius,” said Mr Greg Lowden, chief executive officer of HSBC in Mauritius.

We are committed to working closely with HSBC to secure all necessary approvals and ensure a seamless transition,” said Absa Bank Mauritius MD Ravin Dajee. The transaction was subject to ...

LONDON (Reuters) - HSBC, Europe's biggest bank, said it was in talks over a possible sale of its Mauritius retail banking and wealth management division, as it sells non-core assets to boost ...

HSBC Holdings ... management businesses in Mauritius, in its latest move to slim down its global operations to maximize profitability. The U.K.-based bank said in a statement that the discussions ...

The UK's biggest bank, HSBC, said it is in talks to sell its retail banking and wealth management business in Mauritius. HSBC said the discussions were ongoing and may or may not lead to a deal.

HSBC has been operating in South Africa since 1995. The company recently sold its retail and business banking units in Mauritius to Absa Group. With the sale of its businesses across South Africa ...

On June 14, 2016 HSBC Bank (Mauritius) Limited sold 26,57,142 shares of Reliance Infrastructure at Rs 541.50. On May 31, 2016 Swiss Finance Corporation (Mauritius) Limited bought 56,65,325 shares ...