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Mauritius: Bramer Bank has a record of 17.8 billion rupees at the end of September 2014




Bramer Bank recorded a balance of 17.8 billion rupees * the end September 2014, compared with 3.5 billion rupees in September 2013.
 
Bank deposits increased by 26.3% to 14 billion rupees against 11.1 billion rupees a year earlier.
 
Thus, for the quarter ended September 30, 2014, the Bank generated net profit before taxes of 34.1 million rupees, which represents profit five times greater than those recorded during the same quarter of last year, as reported in the Le Mauricien newspaper.
 
* One euro roughly equivalent to 41 rupees



Nuzhah Mungly


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