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The government of Mauritius established State Bank of Mauritius in 1973 under the name State Commercial Bank. In 1994, SBM opened its first overseas branch in Mumbai, India. In 1995, the bank was listed on the Stock Exchange of Mauritius. Then in 1997 the South African bank Nedcor acquired 20.1% of SBM's voting
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
The Government Portal of Mauritius is the official web portal of the Government of Mauritius. It presents information resources and online services from government sources, accessible from a single point. The portal provides access to websites of ministries and their departments, websites of state bodies and e-Services.
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 .
The Debt Management Office (DMO) is a government agency established on 4 October 2000, tasked with centralizing the management of Nigeria's debt. [1] It was created in response to challenges in Nigeria's debt portfolio, which included high external and domestic debt, substantial debt service, low external reserves, and weak debt management capacity.
The Bank of Mauritius (French: Banque de Maurice) is the central bank of the Republic of Mauritius.It was established in September 1967 as the central bank of Mauritius. It was modelled on the Bank of England and was, in effect, set up with the assistance of senior officers of the Bank of England.
A direct government intervention to expand the mortgage industry in Nigeria, the bank was established by the military government of Olusegun Obasanjo to be a wholesale and retail credit institution [2] that would provide long term financing to home buyers, building material firms and mortgage financial institutions. The initial plan was to make ...
As of October 2021, the app had emerged as the largest digital lender in India generating an average of Rs 1500-2000 crores loans per month. [3] On 2 July 2023, a new version of Yono app was launched with the introduction of a new UPI feature which enabled other bank customers to use the app for UPI payments.