Friday, January 23, 2009

Clients First - Always

I mentioned in my last article that we were about to launch our Global Opportunities investment note. And indeed we did - but we placed it mainly through large institutional and professional investors in partnership with our sister company Axys Capital. Given prevailing volatile market conditions we really wanted to ensure that we were not perceived to be “overselling” and hence we did not proceed with a public campaign for this product so we could ensure that we had sufficient ability to ensure this product aligned well with a limited number of investors.

We do mean what we say when we call ourselves “bank different” and self-restraint/regulation is indeed part of professional banking and investing

Meantime interest rates keep dropping worldwide and I would expect we see more action on that front in Mauritius soon. But for those of you that are seeking attractive interest rates, don’t worry, we will be announcing some new promotions

Please do keep watching our website and the newspapers closely. But we will ensure you get all the details one way or the other anyway.

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