We consider supporting and helping uplift the communities in which we operate, an integral part of our business. Our status as a corporate citizen is built on solid values that guide the way we do business as well as our interaction with both internal and external stakeholders.
Corporate Social Responsibility (CSR) and Employee Community Involvement (ECI) are mechanisms used to support the upliftment of communities. Through various community interventions, our effective community re-investment further reinforces values and achieves business objectives.
We were involved in the following initiatives in 2012:
Ten scholarships were granted to deserving and needy students who have secured a seat in an undergraduate degree at the University of Mauritius. The scholarship covers all tuition expenses during the whole duration of the degree as well as the payment of a monthly stipend allowance.
Mauritius Mental Health Association (MMHA)
MMHA is a Non Governmental Organisation (NGO) which works with underprivileged children who suffer from mental deficiencies. The bank pays the utility bills of this laudable association.
Association des Parents pour la Réhabilitation des Infirmes Moteurs (APRIM)
The bank has been supporting APRIM since 2009. The NGO consists of a day care centre for children who suffer from cerebral palsy, an acute congenital disorder. The bank pays the wages of a full time occupational therapist and 2 helpers. The occupational therapist works towards the rehabilitation of the motor functions of the disabled children.
Centre pour L'Education et le Progrès des Enfants Handicapés (CEPEH)
CEPEH is an NGO in Argy which caters for the education of children with special needs. The NGO has limited space and they are not able to accommodate more students. The bank has agreed to upgrade the existing building.
Association de Parents d’Enfants Inadaptes de l’Ile Maurice (APEIM)
We have upgraded the APEIM Monfort workshop with adapted furniture and specialised equipment to better accommodate the beneficiaries who suffer mainly from mental handicap. The Monfort workshop welcomes teenagers who suffer from mental and physical handicap.
We also provided all students of APEIM (around 400 around the island) with educational materials such as books and stationeries.
Fondation Pour La Formation au Football
The project consists of enabling children from a distinct underprivileged area to have access to football training. The project is being run by the ‘Fondation pour la Formation au Football’ (FFF). This NGO aims to implement 70 ‘Ecoles de Foot’ around the island. We have agreed to sponsor the ‘Ecole de Foot’ of Camp Levieux.
SSR National Crickets Ground
Standard Bank Mauritius has contributed for the construction of the national cricket ground at Belle Vue. The cricket stadium, which will house one international and two junior cricket grounds, is being developed according to the necessary cricket standards. At the completion of the cricket ground, underprivileged children will have opportunities to learn, practice and play cricket.
Mauritius Wildlife Foundation (MWF)
We decided to associate with the MWF, the main NGO that works to protect threatened endemic local fauna and flora in Mauritius. The bank has agreed to fund the Kestrel project which aims at the conservation of the Mauritius Kestrel.
We have also sponsored the Rare Plants Conservation Project initiated by the MWF. Mauritius is home to 691 native species of flowering plants, of which 273 are endemic to the island. Of the latter, 82% are considered to be threatened and about 150 species are known from less than fifty individuals in the wild. The project undertakes surveys to improve the knowledge on relict populations and ecology of the rarest species
Employee engagement is a key ingredient in supporting communities in which we operate. To mark the 150 years of Standard Bank Group, Standard Bank employees have dedicated at least 150 minutes of their time to CSR activities. More than 80 employees participated in the various projects held under the 150 Minutes for 150 years community initiatives. Where relevant, we match the donations made by the employees to charitable organisations through the employee matching scheme.
The Bank of Mauritius warns against unauthorised deposit taking activities
We wish to advise our Corporate and Investment Banking clients that revised services charges will be applicable as from 1 December 2014.