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SBM is the second-largest bank in Mauritius with a market share of about 25% of domestic banking assets. As of June 2011 [update] , its total asset valuation was approximately US$3.34 billion (MUR:95.7 billion), with shareholders' equity of about US$557.1 million (MUR:16 billion).
HSBC Bank (Mauritius) Limited, part of HSBC Group; Investec Bank (Mauritius) Limited, part of Investec Group; MauBank Limited, state-owned; SBI (Mauritius) Limited, part of State Bank of India Group; SBM Bank (Mauritius) Limied; Silver Bank Limited (acquired BanyanTree Bank Limited) Standard Bank (Mauritius) Limited, part of Standard Bank Group
Standard Bank SARL ("SBM") has a long history and is considered one of the leaders of the local market. Already active in Mozambique for 120 years. The network's Standard Bank is one of the largest in the country. Covers all major towns and cities of Mozambique, with 44 branches. [16]
SBM Bank India is a subsidiary of the State Bank of Mauritius. It was the first bank to receive a banking license from the India's banking regulator Reserve Bank of India (RBI) to establish a universal banking business in the country as a wholly owned subsidiary .
Former Mauritius Prime Minister Pravind Jugnauth has been arrested and is facing money laundering charges, the state-run Financial Crimes Commission said early on Sunday. Jugnauth "is under arrest ...
SBM Bank (Kenya) Limited (previously known as Fidelity Commercial Bank Limited), is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya , the country's central bank and national banking regulator.
MauBank maintain a network of 19 branches, including one in Rodrigues island, the bank also provides basic banking services across the 102 Post offices operated by Mauritius Post Ltd. [4] MauBank is wholly owned by the Government of Mauritius, as at 2019 the government announced its intention of finding a strategic partner to expand the ...
On November 3, 2013, MBC (Mauritius) introduced the MBC News Channel which airs between 7AM-6PM on MBC 1, bringing up-to-date local, regional and international news every hour including reportages and documentaries in major Mauritian speaking language. MBC News Channel remained a block on MBC 1, from 7 AM to 6PM until January 31, 2015 where it ...