u003cp class=rtejustify\u003eS. K. Chawla (centre) with R. Bheenick and Arvin Boolell on the opening of the Rose Belle branch on 25 July 2012.u003c/pu003eu003cp class=rtejustify\u003eThe Bank of Baroda celebrates this year its 50 years of operation in Mauritius. It was launched here in October 1962 and the institution had been the first to operate as soon as in 1965, a mobile banking unit, a van that still up to now travels around 45 villages throughout the island, covering a population of around 90,000 so as to make banking services available to unbanked rural areas.u003c/pu003eu003cp class=rtejustify\u003eThe Bank of Baroda has also been among the first to launch a banking unit in the Mauritian offshore sector.u003c/pu003eu003cp class=rtejustify\u003eAt the end of last month, it has extended its network and opened an eighth branch at Rose Belle. In addition to the corporate market, it targets farmers, traders, SMEs as well as service providers, with a focus on dedicated and personalized banking services to build customer loyalty while caring for their individual financial needs.u003c/pu003eu003cp class=rtejustify\u003e“u003cemu003eThis branch not only strengthens the closeness of the bank with its customers but also enables the bank to tap commercial opportunities arising from the transformation of Rose Belle into an emerging business centreu003c/emu003e,” stated S.K. Chawla, vice-President of the Bank of Baroda in Mauritius.u003c/pu003eu003cp class=rtejustify\u003eBank of Baroda differentiates itself today as a global bank, present in 25 countries and has served to build bonds between the residents here and their families, friends and commercial partners in India and other countries.u003c/pu003eu003cp class=rtejustify\u003e“u003cemu003eOur loans are tailor-made according to the field of activity of our customers since the financial needs of every customer are different. The accounts and deposits can be maintained in Mauritian rupees as well as in foreign currenciesu003c/emu003e”.u003c/pu003e
Bank of Baroda 50 years of presence in Mauritius
