Bank One Mauritius
| Private | |
| Industry | Finance and Insurance |
| Predecessor | Delphis Bank |
| Founded | 2008 |
| Headquarters | 16 Sir William Newton Street Port Louis, Mauritius |
|
Key people
|
David Proctor Chairman Ravneet Chowdhury Chief Executive Officer |
| Products | Banking |
| Revenue |
 MUR 721.4 Million (US$22.78 Million)(2014) |
|
MUR 117.1 Million (US$3.70 Million) (2014) |
|
| Total assets |
MUR 18.05 Billion (US$570.22 Million) (2014) |
|
Number of employees
|
250 (2012) |
| Website | Homepage |
Bank One Mauritius (BOM), is a bank in Mauritius. It is licensed as a commercial bank by the Bank of Mauritius, the national banking regulator.
BOM is a large financial services provider in Mauritius. As of December 2012[update], the bank had total assets valued at approximately US$630.2 million, with shareholders' equity of approximately US$36.84 million.
The banks holds a 5.59% stake in Kenyan bank Oriental Commercial Bank.
Bank One Mauritius was formed in 1997, as First City Bank Limited (FCB), when it acquired the assets of Delphis Bank Limited, a ten-year-old financial institution that was in receivership in 2012. In 2008, I&M Bank Group, a Kenya-based financial conglomerate, acquired a 50 percent ownership in First City Bank Limited. FCB then re-branded as Bank One Mauritius.
The stock of the bank is privately owned. The table below depicts the ownership in Bank One Mauritius:
By virtue of its shareholding, BOM is a member of I&M Bank Group, a large financial services conglomerate which is a major player in the financial services industry in Eastern Africa, particularly in Kenya where the group maintains its headquarters. As of December 2011[update], the Group's total assets were valued at about US$1.3 billion (KES:108+ billion), with shareholder's equity of approximately US$174 million (KES:14.6 billion). Member companies of the group include the following businesses:
BOM maintains networked branches at the following locations:
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