After spending five years as Chief Executive Officer (CEO) at the state-owned MauBank, Premchand Mungar has been appointed as the CEO of SBM. He will officially...
SBM Bank (Mauritius) Ltd has launched the SBM Visa Infinite credit card, which offers new features related to travel and hotel stays. The bank also announced...
SBM Group has reported a significant increase in profits for the first nine months of the current financial year. After-tax profits reached Rs 4.1 billion, marking...
SBM’s Head of Business Banking, SME & Microfinance, Darmen Hurkoo, has reiterated the bank’s commitment to supporting SMEs and improving its offerings for the sector. He...
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...
