@sbmgroup.mu
SBM Group is a diversified financial services provider and the second largest company listed on the Stock Exchange of Mauritius, serving local and international clients.
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Description
SBM Bank (Mauritius) Ltd., commonly known as SBM Bank Mauritius, is a leading financial institution based in Mauritius. Established in 1973, the bank has a rich heritage and an extensive presence in both local and international markets. SBM Bank Mauritius is headquartered in Port Louis, the capital city of Mauritius.
The bank operates a network of branches and ATMs across the country, providing a wide range of banking services to individuals, businesses, and institutions. The headquarters serves as the central hub for the bank's operations and strategic decision-making. The bank offers a comprehensive range of products and services to cater to the diverse needs of its customers.
These include personal banking services such as savings accounts, current accounts, fixed deposits, loans, credit cards, and insurance products. For businesses, SBM Bank Mauritius provides corporate banking, trade finance, project financing, treasury services, and international banking services. While SBM Bank Mauritius primarily operates in Mauritius, it has also expanded its footprint globally.
The bank has subsidiaries in India, Kenya, and Madagascar, which further augment its presence and capability in these markets. Additionally, it has established partnerships and joint ventures with several financial institutions in Africa, Asia, Europe, and the Middle East, enabling it to extend its reach to a wider customer base. SBM Bank Mauritius has achieved a strong market position both domestically and internationally.
It is considered one of the largest banks in Mauritius in terms of assets, deposits, and loans. The bank has also gained recognition for its customer-centric approach, advanced digital banking solutions, and strong risk management practices. It competes with other major banks in the region, such as Barclays, Standard Chartered, and HSBC.
In recent years, SBM Bank Mauritius has undergone significant changes to enhance its growth and competitive edge. The bank has implemented a digital transformation strategy, introducing innovative products and services to meet evolving customer expectations. It has also expanded its presence in the African market through acquisitions and partnerships, leveraging the continent's growth potential.
As of the latest available information, SBM Bank Mauritius continues to strengthen its position in the market. It remains committed to providing exceptional customer service, driving innovation, and diversifying its product offerings to meet the changing needs of its customers. The bank is actively exploring opportunities for further expansion and strategic collaborations, ensuring its sustained growth and success in the future
Brand industry
Finance
Brand size
1001-5000 employees
@sbmgroup.mu
SBM Group is a diversified financial services provider and the second largest company listed on the Stock Exchange of Mauritius, serving local and international clients.
Logo
PNG
Logo
PNG
Icon
PNG
Icon
PNG
Description
SBM Bank (Mauritius) Ltd., commonly known as SBM Bank Mauritius, is a leading financial institution based in Mauritius. Established in 1973, the bank has a rich heritage and an extensive presence in both local and international markets. SBM Bank Mauritius is headquartered in Port Louis, the capital city of Mauritius.
The bank operates a network of branches and ATMs across the country, providing a wide range of banking services to individuals, businesses, and institutions. The headquarters serves as the central hub for the bank's operations and strategic decision-making. The bank offers a comprehensive range of products and services to cater to the diverse needs of its customers.
These include personal banking services such as savings accounts, current accounts, fixed deposits, loans, credit cards, and insurance products. For businesses, SBM Bank Mauritius provides corporate banking, trade finance, project financing, treasury services, and international banking services. While SBM Bank Mauritius primarily operates in Mauritius, it has also expanded its footprint globally.
The bank has subsidiaries in India, Kenya, and Madagascar, which further augment its presence and capability in these markets. Additionally, it has established partnerships and joint ventures with several financial institutions in Africa, Asia, Europe, and the Middle East, enabling it to extend its reach to a wider customer base. SBM Bank Mauritius has achieved a strong market position both domestically and internationally.
It is considered one of the largest banks in Mauritius in terms of assets, deposits, and loans. The bank has also gained recognition for its customer-centric approach, advanced digital banking solutions, and strong risk management practices. It competes with other major banks in the region, such as Barclays, Standard Chartered, and HSBC.
In recent years, SBM Bank Mauritius has undergone significant changes to enhance its growth and competitive edge. The bank has implemented a digital transformation strategy, introducing innovative products and services to meet evolving customer expectations. It has also expanded its presence in the African market through acquisitions and partnerships, leveraging the continent's growth potential.
As of the latest available information, SBM Bank Mauritius continues to strengthen its position in the market. It remains committed to providing exceptional customer service, driving innovation, and diversifying its product offerings to meet the changing needs of its customers. The bank is actively exploring opportunities for further expansion and strategic collaborations, ensuring its sustained growth and success in the future
Brand industry
Finance
Brand size
1001-5000 employees