We achieved a new milestone in cross-border supervisory cooperation by organising “Supervisory Colleges” for our two systemically-important banking groups, namely, the Mauritius Commercial Bank and State Bank of Mauritius, in November 2013. The Bank is among the first central banks in Africa to have organised such Supervisory Colleges.
BIS central bankers’ speeches  7  For some years there had been evidence of a slowing in productivity growth, beyond the unusual factors clearly at work in a couple of sectors (mining and utilities). The most recent data on productivity show signs of a pick-up in the year 2011/12, which is encouraging (Graph 5).