The world economy started showing signs of drop in inflation rate and positive growth after recent financial sector chaos at the start of 2023. However, although inflation rate has dropped and central banks rose their interest rates coupled with decrease in food and energy prices, underlying price pressures are still present in several economies.
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CHAIRMAN
STATEMENT
STATEMENT
Mr. Gooroodeo Sookun
Dear shareholders, Customers, and Colleagues,
2023 marks my fourth financial year as the Chairman of the Board of Directors of MauBank Ltd. The continued support and trust of our shareholders has been instrumental to the bank’s growth and performance. I extend my gratitude to our clients and express my appreciation for their business and loyalty.
I am also grateful to my fellow Board members for their role in shaping the bank’s vision and performance, the Management team and the Staff for creating a positive work environment, a good performance and the underlying success of MauBank Ltd.
2023 marks my fourth financial year as the Chairman of the Board of Directors of MauBank Ltd. The continued support and trust of our shareholders has been instrumental to the bank’s growth and performance. I extend my gratitude to our clients and express my appreciation for their business and loyalty.
I am also grateful to my fellow Board members for their role in shaping the bank’s vision and performance, the Management team and the Staff for creating a positive work environment, a good performance and the underlying success of MauBank Ltd.
CHIEF EXECUTIVE
STATEMENT
STATEMENT
Mr. Premchand Mungar
(Resigned – 21 November 2023)
Dear Shareholders and Stakeholders,
I am pleased to address you in this annual report, a reflection of yet another successful year for MauBank, and a testament to our bank’s resilience and commitment to excellence. As we reflect on the past years, marked by unprecedented challenges, I am proud to report that MauBank has not only weathered the storm but also emerged stronger and more resilient than ever.
I am pleased to address you in this annual report, a reflection of yet another successful year for MauBank, and a testament to our bank’s resilience and commitment to excellence. As we reflect on the past years, marked by unprecedented challenges, I am proud to report that MauBank has not only weathered the storm but also emerged stronger and more resilient than ever.
FINANCIAL PERFORMANCE
Profit after
Tax
Rs 0 Mn
Net Interest
Income
Rs 0 Bn
Total Operating
Income
Rs 0 Bn
Total
Assets
Rs 0 Bn
Total
Deposits
Rs 0 Bn
Net Fees
& Commission
Rs 0 Mn
AWARD-WINNING
