Swan Securities Ltd has issued a report on Mauritius’ banking sector, focusing on major banks MCB Group and SBM Group. The report suggests that both banks...
The manager of a fuel station, previously in contract with Indian Oil Mauritius Ltd, is contesting a Rs 1.5 million bank guarantee provided by the State...
Sidharth Rath, the Head of State Bank of Mauritius (India), has decided to step down from his position before the scheduled end of his five-year contract...
Deenesh Ghurburrun, the former Head of Compliance Division at the State Bank of Mauritius (SBM), has had a provisional charge of criminal conspiracy, linked to a...
SBM celebrated its 50th anniversary with a ceremony at the SBM Tower, honouring long-serving employees who have contributed significantly to the bank’s success. Trophies were awarded...
SBM Bank (Mauritius) Ltd has inaugurated its new branch, SBM Rivière-Noire, at the London Way shopping centre in Tamarin. The branch, which began operations on September...
Bank of Mauritius (BOM) has been directed by a court order to reveal the BDO and Co Ltd report from 2020 regarding State Bank of Mauritius’...
State Bank of Mauritius (SBM) is intensifying its legal struggle over the sale of Fidelity Commercial Bank (FCB) by appealing to Kenya’s Court of Appeal. In a...
Coomarah Chengan has tendered his resignation as Independent Director of the State Bank of Mauritius (SBM). Having held this position for the past three years, his...
SBM Holdings, a major State-owned banking group in Mauritius, has held its 13th Annual General Meeting (AGM) amidst controversy and shareholder discontent. Sattar Hajee Abdoula was...
