It is no coincidence that Standard Bank Mauritius was nominated for several awards by the 2009 Euromoney Private Banking and Wealth Management survey. I wish to commend your bank for being at the forefront of innovation. BIS Review 81/2009  1  Role of ICT and online banking We all know the pivotal role that Information and Communication Technology plays in business development.
The ability to transfer information through shared electronic files and computer networks considerably enhances business efficiency and lowers transaction costs. We recognize that our banks have been investing heavily in technology. Most of them have developed sophisticated information systems to support their operations.