Winter 2012 - 2013 Issue
State Bank of Mauritius Group (SBM) is a leading financial services group in Mauritius with presence also in India and Madagascar. Set up in 1973 and listed on the Stock Exchange of Mauritius since 1995, SBM is owned by some 16,500 domestic and international shareholders. It provides all services of a universal bank within a diversified business model. The lines of business include: Personal Banking, SME Banking, Corporate Banking, Cross Border Banking and Financial Institutions. Innovation, f lexibility, accessibility and reliability are the key attributes that have contributed to the Group’s reputation and trustworthiness.
SBM aims to pursue its strategy of diversifying its income streams. The Group aims at significantly expanding its India business taking into consideration the excellent prospects that this market offers and building on the experience and expertise garnered in Mauritius. SBM, which currently operates two branches in Madagascar, also aims at further penetrating Africa, building on the close links of the continent with Mauritius. SBM is currently embarked on a major upgrade of its technology infrastructure that is intended to extensively improve customer service and operational efficiency.
STATE BANK OF MAURITIUS LTD SBM Tower, 1 Queen Elizabeth II Avenue, Port Louis, Republic of Mauritius T: (230) 202 1111 – F: (230) 202 1234 – Swift: STCBMUMU – E: sbm@sbmgroup.mu – www.sbmgroup.mu
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