The African Development Bank and Mauritius Commercial Bank Group (SEM:MCBG) have launched the African Domestic Bond Fund (ADBF) ahead of its listing on the Stock Exchange of Mauritius Ltd on 18 September 2018. It is the first multijurisdictional fixed income Exchange Traded Fund (ETF) on the continent.
🇲🇺 Stock Exchange of Mauritius
SEM ALL SHARE INDEX | As of 23-Dec-2024
1M | 3M | YTD | 1Y | 2Y |
-0.51% | +3.37% | +13.90% | +13.47% | +13.25% |
Value Traded (MUR) 44,101,806.75 |
Volume 1,596,159 |
Moody's Investors Service ("Moody's") has today affirmed the ba1 baseline credit assessment (BCA) and Baa3/P-3 deposit ratings of Mauritius Commercial Bank Limited (SEM:MCBG), and also changed the outlook on the long-term ratings to positive from stable. Further, the rating agency has affirmed MCB's adjusted BCA of ba1, as well as the Baa2/P-2 counterparty risk ratings and Baa2(cr)/P-2(cr) counterparty risk assessment.
Mauritius-based SBM Holdings Limited (SEM:SBMH) through SBM Bank (Kenya) Limited has finalised the transaction to obtain “carved out assets and assumption of specific liabilities of Chase Bank Kenya Ltd (in receivership) (CBLR).” This is according to a joint statement from SBM Bank Kenya and the Kenya Deposit Insurance Corporation (KDIC).
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