Warwyck Private Bank Ltd, “WPBL” or the “Bank”, operates on a unique business model based on the International Private Banking model with utmost Swiss quality standards. WPBL continues to function in a fully restored 19th Century Colonial House alongside a modern state of the art building, set in a unique environment which corresponds to the exigencies of our highly-sophisticated clientele.
Mauritius continues to position itself as one of the main Financial Hubs in Africa and offers an ideal platform for private banking and wealth management services. WPBL is the first and currently only exclusive Private Bank operating in Mauritius and is committed to supporting the jurisdiction in its growth and development in this sector.
The Bank offers high end services to its clientele, inclusive of Wealth Management Services and works closely with its sister companies:
- Warwyck Phoenix PCC, a Collective Investment Scheme, categorised as an expert fund
- Warwyck Phoenix Securities Ltd, holding an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence
- Warwyck Investments, a global business company set up as an investment holding vehicle, which also trades in securities on investment platforms outside of Mauritius
All the entities, including WPBL, are fully owned by Warwyck Investment Holdings Ltd (“Holding”). The three sister entities of the Bank ensure that our unique clientele receive bespoke Private Banking and Wealth Management services.
The Bank has kept its spirit of “niche Private Bank” to meet the specific needs of each of our UHNW clients. We are constantly strengthening our advisory teams to provide the best services.
Our clients have the option of directly managing their portfolio and trading on their own. This is done through Warwyck trader, a platform offered by Warwyck Phoenix Securities Ltd. They can also benefit from our advisory services or invest in the different listed cells of Warwyck Phoenix PCC.
The Bank is also managed with the highest standards of compliance and international regulation.
As at 31 December 2018, the Bank continued to benefit from its business model and had assets under management of USD1.1Bn, while a net profit of USD 2.3M was recorded.”