{"id":11099,"date":"2023-01-26T12:52:55","date_gmt":"2023-01-26T12:52:55","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=11099"},"modified":"2023-10-06T13:30:17","modified_gmt":"2023-10-06T12:30:17","slug":"maubank-best-growth-strategy-banking-mauritius-2022","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/","title":{"rendered":"MauBank: Best Growth Strategy Banking Mauritius 2022"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-11097 size-full\" title=\"MauBank\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBank-jpg.webp\" alt=\"MauBank\" width=\"400\" height=\"401\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBank-jpg.webp 400w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBank-300x300.webp 300w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBank-150x150.webp 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/p>\n<p style=\"text-align: justify;\">MauBank has achieved steady growth over the past three years given its prudent management of assets and liabilities. It reports an increase in after-tax profits of 130 percent from 2021 to 2022, thanks to a strategy of consolidation and reinvention resulting in reduced operating costs, an uptick in revenue and the liquidity to meet unexpected challenges. The judging panel was impressed with the bank\u2019s steadfast piloting of pandemic challenges, fuelled by a focus on expansion, conquering market shares and product development.\u00a0 Our winner is moving forward significantly in terms of its four pillars: retail, SME, corporate and international banking.\u00a0 Impressive growth comes from MauBank\u2019s international banking efforts, serving global entities and non-resident customers with a comprehensive range of well-defined products and services. Technological developments to further enhance the customer experience are also fostering significant growth. The jury applauds the bank\u2019s new <a href=\"https:\/\/www.maubank.mu\/maubank-green-financing-scheme\" target=\"_blank\" rel=\"noopener\">Green Financing Scheme<\/a> (financing to promote renewable energy improvements).\u00a0 All told, it is clear to the panel that MauBank, appreciating the increasing competition in the sector, is determined and well-equipped to maintain its position among the country\u2019s top three banks. Brand CX Tracker, 2021, confirms that MauBank has risen to the top tier of the banking sector: helped, in good part, by its creative marketing and communications strategies. \u00a0The judging panel is delighted to present MauBank with the 2022 award: Best Growth Strategy Banking (<a href=\"https:\/\/cfi.co\/countries\/mauritius\/\">Mauritius<\/a>).<\/p>\n<div id=\"attachment_11109\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-11109\" class=\"wp-image-11109 size-full\" title=\"MauBank CEO and Deputy CEO with CFI award\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBankCEOandDeputywithaward-jpg.webp\" alt=\"MauBank CEO and Deputy CEO with CFI award\" width=\"600\" height=\"676\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBankCEOandDeputywithaward-jpg.webp 600w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBankCEOandDeputywithaward-266x300.webp 266w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><p id=\"caption-attachment-11109\" class=\"wp-caption-text\">Deputy CEO Vishuene Vydelingum (L) and CEO Premchand Mungar<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MauBank has achieved steady growth over the past three years given its prudent management of assets and liabilities. It reports an increase in after-tax profits of 130 percent from 2021<\/p>\n","protected":false},"author":1,"featured_media":11098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4,10,53],"tags":[],"class_list":["post-11099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-banking","category-front"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MauBank: Best Growth Strategy Banking Mauritius 2022 - CFI.co<\/title>\n<meta name=\"description\" content=\"MauBank has risen to the top tier of the banking sector: helped, in good part, by its creative marketing and communications strategies\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MauBank: Best Growth Strategy Banking Mauritius 2022\" \/>\n<meta property=\"og:description\" content=\"MauBank has risen to the top tier of the banking sector: helped, in good part, by its creative marketing and communications strategies\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"CFI.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CapitalFinanceInternational\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-26T12:52:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-06T12:30:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBank-thumb-jpg.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"349\" \/>\n\t<meta property=\"og:image:height\" content=\"218\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"marten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:site\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"marten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/\"},\"author\":{\"name\":\"marten\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"headline\":\"MauBank: Best Growth Strategy Banking Mauritius 2022\",\"datePublished\":\"2023-01-26T12:52:55+00:00\",\"dateModified\":\"2023-10-06T12:30:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/\"},\"wordCount\":247,\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2023\/01\/MauBank-thumb-jpg.webp\",\"articleSection\":[\"Africa\",\"Banking\",\"FRONT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/\",\"url\":\"https:\/\/cfi.co\/awards\/africa\/2023\/maubank-best-growth-strategy-banking-mauritius-2022\/\",\"name\":\"MauBank: Best Growth Strategy Banking Mauritius 2022 - 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