August 11, 2020
SBM Bank (Mauritius) Ltd, one of the country’s leading banking institutions, has been recently appointed Trade Finance Intermediary (TFI) of the African Export-Import Bank (Afreximbank) in Mauritius. In this capacity, SBM Bank shoulders new responsibilities, including those of acting as Afreximbank’s Local Administrative Agent for specific transactions as may be agreed with Afreximbank in the country. This mandate further strengthens the relationship between our two institutions.