Development Bank of Mauritius Ltd

Development Bank of Mauritius Ltd is rated 3 out of 5 in the category banking. Read and write reviews about Development Bank of Mauritius Ltd. The Bank was established in 1964 for the purpose of facilitating the industrial, agricultural and economic development of the country. It plays an important role in development banking and financial services sector and acts as the government's main financial intermediary in implementing tailor made loan schemes and other budgetary financial measures. The Bank has evolved new loan products over the years to meet demand. Initially loan sanctions were to meet demand. Initially loan sanctions were to the SME, agricultural, tourism and industrial sectors. With the diversification of the economy new schemes were designed to cover the ICT , seafood hub, construction and service sectors. The Bank has also implemented new loan schemes for micro finance and SMEs under the Empowerment Programme. OUR MISSION To Serve as a Catalyst for the Promotion of Accelerated Socio-Economic Development of Mauritius. OUR VISION To be a financial institution of excellence and a strategic partner in providing an array of flexible support facilities to all, big and small, engaged in the socio economic activities.