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QUESTION
The State Bank of Botswana (SBB) offers banking services on a very large scale in Botswana. International trade between Mauritius and Botswana has gone up in the recent years. To enhance trading activities between the two countries, Mr Eliotrope, the chairman of the SBB wishes to open a branch of the SBB in Mauritius.
Advise Mr Eliotrope on how to proceed for the application of a banking licence to operate in Mauritius.
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