CIEL Group

CIEL Investment Limited is one of the leading investment companies in Mauritius. It is managed like an "evergreen fund" and has achieved rapid growth through primarily Mauritius equity and equity-related investments.

New Goodwill Investment (NGI) and the sugar group Weal have become shareholders of 100 percent of International Distillers Mauritius (IDM) by buying up for 135 million rupees (US$1 = 25 rupees) the 58 percent of capital held by United Distillers and Vintners and the 42 percent shared by two state-owned organisms, State Investment Corporation and National Investment Trust.

The Sugar Investment Trust (SIT) is a body corporate established under an Act of Parliament in 1994 which operates as a company under the Companies Act 2001. It is the largest shareholder based public company in Mauritius with more than 40,000 members. Shareholders within the SIT Group of companies exceed 55,000.

Bank One, formerly known as the First City Bank, has undergone a major re-branding exercise following the take-over of First City Bank by CIEL Investment Ltd (50%) and I&M Bank Limited (50%) in 2008.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 145,000 people. Barclays moves, lends, invests and protects money for more than 49 million customers and clients worldwide.

Barclays has two business Clusters: Global Retail Banking and Corporate and Investment Banking and Wealth Management - both comprising world-class businesses and brands.