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State Bank of Mauritius (SBM), is a bank in Mauritius that the Bank of Mauritius, the national banking regulator, has licensed as a commercial bank. [2]SBM is the second-largest bank in Mauritius with a market share of about 25% of domestic banking assets.
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 .
BCP Bank (Mauritius) Limited, part of BCP Group; 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)
The State Bank Tower is a high-rise building in the capital city of Mauritius, Port Louis. The 16-storey tower contrary to popular belief, is not the tallest building in Port Louis. It is the fourth tallest building and only steel frame skeleton high-rise on the island. It was designed by Campbell Reith Hill.
Over 35 sports federations are organized under the aegis of the Mauritius Sports Council. [25] Popular activities include football, volleyball, a range of martial arts (Karate, Taekwon Do, Wushu), table tennis, badminton, and pétanque, which is a form of boules. The Mauritius National Olympic committee is also based in Port Louis.
Location of Mauritius. Mauritius is an island nation in the Indian Ocean about 2,000 kilometres (1,200 mi) off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy.
Mauritius Commercial Bank, founded in 1838, [3] is the oldest commercial company and the largest banking institution of Mauritius.It is equally the oldest banking institution south of the Sahara and one of the oldest banks of the Commonwealth to have preserved its original name and to be working in the same business area since its incorporation.
MCB Madagascar, part of Mauritius Commercial Bank Group; Banque SBM Madagascar, part of State Bank of Mauritius Group; SIPEM Banque; Société Générale Madagasikara , undergoing purchase from Société Générale by BRED Banque populaire [2]