COMMUNIQUÉ CAMEL Rating for Banks
The Bank of Mauritius, in consultation with banks, has today disclosed the composite CAMEL rating for individual banks for the quarter ended December 2011.1 The ratings constitute an expression of opinion of the Bank of Mauritius, as regulator, on the financial condition of a bank at a particular point in time and should not be construed as an assessment that will not change in future. The CAMEL ratings are published on a bi-annual basis, in June and December of each year. The ratings for the quarter ended 30 June 2012 will be published in December 2012. CAMEL Ratings for the Quarter ended 31 December 2011 Bank
ABC Banking Corporation Ltd AfrAsia Bank Limited Bank of Baroda Bank One Limited Banque des Mascareignes Ltée Barclays Bank PLC Bramer Banking Corporation Ltd Century Banking Corporation Ltd Deutsche Bank (Mauritius) Limited Habib Bank Limited HSBC Bank (Mauritius) Limited Investec Bank (Mauritius) Limited Mauritius Post and Cooperative Bank Ltd P.T Bank Internasional Indonesia SBI (Mauritius) Ltd Standard Bank (Mauritius) Limited Standard Chartered Bank (Mauritius) Limited State Bank of Mauritius Ltd The Hongkong and Shanghai Banking Corporation Limited The Mauritius Commercial Bank Limited
* 1: Strong
1
Overall Rating *
3+ 2+ 2+ 2+ 3+ 23+ 3+ 2+ 22+ 2+ 3+ 23+ 2+ 2+ 2+ 2+ 2+
5 : Unsatisfactory
2+ and 2- : Satisfactory
3+ and 3- : Fair
4 : Marginal
The CAMEL Rating is an international bank-rating system with which bank supervisory authorities rate institutions according to the following factors that cover financial, operational and managerial performance, represented by the acronym "CAMEL": C - Capital adequacy A - Asset quality M - Management E - Earnings L - Liquidity The ratings published refer to the overall rating of a bank – i.e., the score ranging between 1 and 5 based on a weighted numerical computation using each of the five core components.
27