Sbm Bank Mauritius

The SBM Group is a leading banking and financial services player in Mauritius, and has been contributing to the country’s socio-economic development since inception. It is actively involved in the Asia-Africa corridor by means of dedicated banking subsidiaries operating in India, Madagascar and Kenya. The Group is committed to creating long term value for its stakeholders by offering bespoke solutions to individual, corporate and institutional clients in the banking and non-banking financial fields in Mauritius and internationally. SBM Group is the third largest listed entity on the Stock Exchange of Mauritius, with a market capitalisation of MUR 13.6 billion as at 31 December 2022. It is the holding company of various subsidiaries that operate under three clusters: Banking, Non-Banking-Financial and Non-Financial. Ranked 47th in the Top 200 Banks in Africa by The Africa Report 2022, the SBM Group has over 100 branches, with more than 3,100 employees in various geographical locations. The Banking Cluster offers a full range of distinctive products and services including deposits, lending, cards, treasury, trade finance, wealth management, custody, and payment solutions. The Non-Banking-Financial Cluster (NBFC) provides tailored services including Investment Management, Collective Investment Schemes Funds, Trading and Structuring, Corporate Finance Advisory, Capital Raising, Registry, Fund Administration, Factoring and Insurance Agency. The Non-Financial Cluster caters for other activities of the group such as equity investments. SBM Group is also engaged in corporate social responsibility endeavours through the SBM Foundation and supports high-impact social development and sustainable projects for the benefit of the needy and vulnerable groups of society. The Group also provides training for capacity building through its SBM Academy. The SBM Group has recently articulated and endorsed a clear and comprehensive Sustainability Agenda.