by: The Central Bank of Mauritius
Extract from KPMG Banking Survey Africa, published by KPMG South
Africa
The implementation of policy measures by the Bank of Mauritius with the aim
of promoting the soundness and integrity of the banking sector remained the
primary objective of the Bank of Mauritius in its capacity as supervisor of
banks. In 1999, the banking sector continued to dominate the financial system
of the country and was one of the best performing sectors of the economy.
The banking system of Mauritius did not experience any hitch due to the Y2k
compliance problem.
