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Special Line of Credit in Foreign Currency

31 December 2012, Bank of Mauritius

1. The Bank is pleased to announce that on 3 December 2012 it had signed an agreement with the State Bank of Mauritius Limited in respect of the abovementioned line of credit.      

The Bank has today disbursed funds under the above line of credit to the State Bank of Mauritius Limited for on-lending to an economic operator in the tourism sector. 

2. The Bank has also today made a disbursement to Bank One Ltd for on-lending to an economic operator in the tourism sector. 

3. After the above disbursements, the total amount of funds disbursed under the abovementioned line of credit amounts to EUR18.9 million.