Their close ties to local economies are, on balance, a source of strength, but a drawback of those ties is that the fortunes of communities and their banks tend to rise and fall together.
*  *  *  Honourable Chancellor, Sir Ramesh Jewoolall, Respected Pro-Chancellor Professor Jugessur, Respected Vice-Chancellor, Professor Fagoonee, Governor Bheenick, distinguished academics, and friends, It is a great honour and privilege to accept, gratefully, the conferment of the Degree of Doctor of Civil Law, honoris causa from the University of Mauritius.