SBM GROUP | SBM Group

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Established in 1973, SBM has a strong franchise in Mauritius, with a market share of more than 20% in domestic advances and deposits. The Group is also present in India, Madagascar, Kenya and also holds a banking licence to operate in the Seychelles.

Besides its domestic operations in its various geographies of operations, the Group aims to facilitate the cross-border financing opportunities for trade and investment along the Asia-Africa corridor. The Tier 1 capital of SBM Group (SBM Holdings Ltd and its subsidiaries) stood at MUR 19,717 million as at 31 December 2018. We are consistently ranked among the Top 1,000 world banks by The Banker magazine, a publication of the Financial Times and has also been awarded The Banker's “Bank of the Year Mauritius 2018”.

Read more about About the SBM Group

SBM AT A GLANCE

Profit for the year: MUR 1.2 Bn
Market Capitalisation: MUR 18.1 Bn
Total Assets: MUR 226.4 Bn
Total Operating Income: MUR 9.8 Bn
Employees: 2,541
Shareholders: 18,093 domestic and international
Customers: 877,320

^{The above figures are as at 31 December 2018}

VISION

Our vision is to be the leading and most trusted financial services provider in Mauritius and beyond.

MISSION

Our mission is threefold:

1.   To build deep and enduring relationships with our customers by offering distinctive products and exceptional service;
2.   To be the employer of choice for top talents in the markets we serve;
3.   To prudently manage risk and costs.

In so doing, our intent is to achieve strong and sustained returns for our shareholders, meet the relevant needs of our stakeholders and support the development of the community at large.

GOAL

We aim to prudently grow our balance sheet, maintaining returns above our cost of equity by gaining market share in our core domestic banking business, by judiciously building our international business and by selectively offering non-banking financial services.

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Core Values