{"id":35455,"date":"2023-10-07T09:06:03","date_gmt":"2023-10-07T09:06:03","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles"},"modified":"2023-10-07T09:42:40","modified_gmt":"2023-10-07T09:42:40","slug":"the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles","title":{"rendered":"The 7th DBM branch inaugurated at Rivi\u00e8re des Anguilles"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>The new branch of the Development Bank of Mauritius Ltd (DBM) was inaugurated, this afternoon, in Rivie\u0300re des Anguilles by the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy. This seventh branch will be operational as from 22 September 2023.<\/p>\n

The Minister of Health and Wellness, Dr Kailesh Kumar Singh Jagutpal; the Parliamentary Private Secretary, Dr Muhammad Ismae\u0308l Rawoo; the Chairperson of the DBM, Dr Jairajsing Luchoo; and other personalities were also present at the inauguration ceremony.<\/p>\n

In his address, Minister Padayachy highlighted that this event marks a new step in Government\u2019s strategy to enable citizens to realise their projects by bringing services closer to the community.<\/p>\n

He observed that the DBM symbolises progress for small and medium enterprises (SMEs), including planters and breeders, by providing assistance to enhance their production capacity.<\/p>\n

Dr Padayachy remarked that SMEs play a critical role in the socio-economic development of the country and, as such, every means is put at their disposal through the DBM, amongst others, so that they flourish and expand.<\/p>\n

The Finance Minister, thus, urged the inhabitants of the region to avail all the facilities offered by the DBM and the Government so as to further progress in their endeavours.<\/p>\n

Furthermore, Minister Padayachy recalled that loan schemes, including COVID-19 SME Interest Free Loan and COVID-19 Special Support Scheme, have been extended until June 2024.<\/p>\n

Leasing facilities to enterprises having a turnover of up to Rs 250 million have also been maintained, he added. For his part, Minister Jagutpal underlined DBM\u2019s contribution and support to several citizens to encourage them to successfully realise their projects.<\/p>\n

He also reminded that this new branch will no doubt be a blessing for the inhabitants of the region. As for Dr Luchoo, he pointed out that the opening of this branch demonstrates the DBM\u2019s commitment to help members of the public and SMEs implement and achieve their projects.<\/p>\n

He also dwelt on the important role played by the DBM following the outbreak of COVID-19 pandemic, and provided details regarding several schemes proposed by the company.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. The new branch of the Development Bank of Mauritius Ltd (DBM) was inaugurated, this afternoon, in Rivie\u0300re des Anguilles by the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy. This seventh branch will be operational as from 22 September 2023. The Minister of Health and Wellness, Dr Kailesh Kumar Singh […]<\/p>\n","protected":false},"author":84,"featured_media":35453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,245,365,241],"class_list":["post-35455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-mauritius","tag-economic","tag-mauritius"],"yoast_head":"\nThe 7th DBM branch inaugurated at Rivi\u00e8re des Anguilles - Mauritius<\/title>\n<meta name=\"description\" content=\"The new branch of the Development Bank of Mauritius Ltd (DBM) was inaugurated, this afternoon, in Rivie\u0300re des Anguilles ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The 7th DBM branch inaugurated at Rivi\u00e8re des Anguilles\" \/>\n<meta property=\"og:description\" content=\"The new branch of the Development Bank of Mauritius Ltd (DBM) was inaugurated, this afternoon, in Rivie\u0300re des Anguilles ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-07T09:06:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-07T09:42:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/10\/sm_1696659053.059846.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"The 7th DBM branch inaugurated at Rivi\u00e8re des Anguilles\",\"datePublished\":\"2023-10-07T09:06:03+00:00\",\"dateModified\":\"2023-10-07T09:42:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles\"},\"wordCount\":364,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/10\/sm_1696659053.059846.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Economic\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/the-7th-dbm-branch-inaugurated-at-riviere-des-anguilles\",\"name\":\"The 7th DBM branch inaugurated at Rivi\u00e8re des Anguilles - 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