The State Bank of Mauritius (SBM) Kenya is set to layoff part of its employees in a move heavily anchored on the recent digitisation of its...
The Chairman of the State Bank of Mauritius (SBM) Holdings Ltd, Sattar Hajee Abdoula, whose name has reportedly been cited in the ‘Pandora Papers’ of the...
SBM Bank India, a subsidiary of the State Bank of Mauritius, has recently stated that it has partnered with OneCard, to launch a mobile-based credit card...
NMC Healthcare Ltd, which went into administration in 2020 following allegations of a massive accounting fraud, has reportedly received creditors’ approval for the proposed deeds of...
SMEs received credit facilities amounting to Rs12.45 Billion from commercial banks from 01 December 2011 to 31 July 2021, according to latest figures on SME Financing...
The current Chief Executive Officer (CEO) of Airports of Mauritius, Anoop Nilamber, has just been appointed as CEO of the SBM Bank, the largest State-owned bank...
In June 2014, the Bank of Mauritius issued the Guideline for Dealing with Domestic-Systemically Important Banks (D-SIBs) which sets out the methodology to be applied for assessing the...
The State Bank of Mauritius (SBM) has been ordered to pay Sh400 million (Rs151 million) in taxes and penalties on a “secret Sh9.6 billion (Rs3.6Billion) interest- free...
The good performance of the MCB group, which garnered profits of Rs6.1Bn for the nine months ending March 31, 2021, positively impacted its stocks. MCBG shares...