SBMBH is a non-operating investment holding company and is in the process of being operationalized through a broader committee and management structure in order to carry out its oversight role over the SBM banking entities in various geographies. It also acts as the investment vehicle into these entities by SBMH.
SBMBH qualifies as a public interest entity as defined under the Financial Reporting Act by virtue of the total consolidated revenue and assets of its subsidiaries.
