SBM Bank Mauritius is a prominent player in the banking and financial services industry, making significant contributions to Mauritius' socio-economic development since its establishment in 1973. The group extends its influence to the Asia-Africa corridor with dedicated subsidiaries in India, Madagascar, and Kenya. Known as the third largest listed entity on the Stock Exchange of Mauritius, with a market capitalization of MUR 13.6 billion, SBM Bank operates under three clusters: Banking, Non-Banking-Financial, and Non-Financial. It operates over 100 branches and employs more than 3,100 individuals across various geographical locations.
The Banking Cluster offers a comprehensive range of products and services, while the Non-Banking-Financial Cluster (NBFC) provides tailored services including Investment Management, Trading, Corporate Finance Advisory, and Insurance Agency. Additionally, the Non-Financial Cluster focuses on equity investments. The company has shown its commitment to corporate social responsibility through the SBM Foundation, supporting sustainable projects for the underprivileged and vulnerable groups. Notably, the group has engaged in a clear and comprehensive Sustainability Agenda.
In 2019, SBM Bank Mauritius received a Private Equity Round investment from MAPE Advisory Group, demonstrating its attractiveness to investors. With its extensive reach, diversified services, and focus on sustainability, SBM Bank Mauritius presents an intriguing opportunity for investors looking to tap into the burgeoning financial services sector in Mauritius.
