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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.
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 Chartered Bank (Mauritius) Limited, part of Standard Chartered Group; Mauritius Commercial Bank Limited; Warwyck Private 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.
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 .
In April 2018, SBM Holdings of Mauritius concluded the acquisition of the majority of assets and liabilities of Chase Bank Kenya Limited, which had been under receivership since April 2016. It was expected that those assets and liabilities, together with the 1,300 Chase Bank employees, in about 62 branches, would be absorbed in SBM Bank Kenya.
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.
MCB Group is a large financial services conglomerate. As of 31 March 2015, it had an estimated asset base of over US$7.4 billion (MUR 267.7 billion) and estimated shareholders' equity of more than US$1.0 billion (MUR 35.2 billion).
On 20 July 2022 the chairman and several directors of Mauritius Telecom were revoked (Nayen Koomar Ballah, Dheerendra Dabee, Dev Manraj, Koosiram Conhye and Ramesh Bheekoo). They represented the 59.0% of the government's ownership of Mauritius Telecom as the state owns 33.49%, SBM Holdings Ltd owns 19% and the National Pensions Fund owns 6.55%.