Development Bank of Mauritius Ltd

The Honourable Deputy Prime Minister and Minister of Finance and Economic Development has announced a number of measures in the Budget Speech 2008 – 2009 to widen the economic space for micro, small and medium enterprises while also providing relief to small businesses with acute repayment problems.

Advertisements

Product and Services:

Savings

The Bank offers Savings facilities to customers since 1990 with the main purpose to help planters, and since then, the number of customers has continously increased. The service is available at the Head office and all branches of DBM ltd. There are numerous advantages for a Savings Accounts holder such as;

• Free ledger fees
• Free Standings Orders for repayments of loans
• Free administrative costs

Fixed Deposit

The Bank provides Fixed Deposit facilities to its valuable customers with several keys advantages:

• Free ledger fees
• Free administrative costs

The number of customers for the Fixed Deposit has continuously increase during the last decade. The interest for the Savings Accounts is paid at the end of every financial year.

Rental Services

The Bank has one of its priority objects the industrial development of the country and has contributed immensely towards providing infrastructures support to investors. It has pioneered in a large measure, the setting up of the manufacturing sector in the country by providing adequate accommodation facilities at subsidized rates. The Industrial Estate Department is responsible for the development and day to day management of the industrial estates and building owned by DBM Ltd.

Our Mission:

“To serve as a Catalyst for the Promotion of Accelerated Socio-Economic Development of Mauritius”

Our Vision:

“To be a financial institution of excellence and a strategic partner in providing an array of flexible support facilities to all, big and small, engaged in the socio economic activities”