Bank One Limited is a Mauritian commercial bank incorporated in 2008 following a joint venture between CIEL Finance Limited, the finance arm of Mauritian conglomerate CIEL Limited and Kenya-based I&M Group PLC. Through its shareholders, Bank One is one of the only local banks with a tangible presence in sub-Saharan Africa (SSA): from I&M Group’s extended presence across Kenya, Tanzania, Rwanda and Uganda to CIEL Group’s banking operations in Madagascar. To support its vision to “becoming Africa’s preferred gateway”, Bank One leverages the strength of a highly qualified team and bespoke products and services designed for clients both onshore and offshore by its main lines of business: International Banking, Private Banking & Wealth Management, Personal Financial Services, Corporate Banking and Treasury Services. In line with an ambitious digital transformation programme, Bank One has embarked on a series of key initiatives starting with the launch of the first universal digital payment solution in Mauritius named POP and the revamping of its Internet Banking and Mobile Banking platforms. It is a continuous process and several more milestones are planned in the year ahead. Bank One has deep development finance institution relationships and long-term funding lines in place with the German Investment Corporation (DEG), the International Finance Corporation (IFC) and the French Development Agency (Proparco). Bank One has been rated ‘BB-’ with a Stable Outlook by Fitch Ratings.
