State Bank of Mauritius Ltd (SBM)

Posted by Staff Writer on Tuesday, June 30, 2009 at 6:51pm.

Swan Group Centre 10 Intendance Street

Port Louis, Mauritius

Mailing Address Not available

Phone No.  230 2073500

Fax No.  230 2086898

Chairman Not available

CEO or MD Louis Rivalland

Name of External Affairs or Press Contact  Not available

State Bank of Mauritius Ltd (SBM) is a Mauritius-based bank active in the financial services sector, principally in commercial banking. The Bank offers a range of services, including currency and securities trading, leasing, security broking, fiduciary services and asset management. Its lines of business include Retail Banking, comprising personal and small and medium size enterprises banking; Corporate Banking; Treasury, and e-business, which manages the Bank’s electronic services delivery channels encompassing the e-commerce platform, point of sales terminals, card management, automated teller machines, and mobile phone and Internet banking services. SBM has a total of 11 subsidiaries, including SBM Lease Ltd, SBM Mauritius Asset Managers Ltd, SBM Securities Ltd, Banque SBM Madagascar SA, SBM Investments Ltd and SBM IT Ltd. The Bank has 49 service units. It has operations in Mauritius, India and Madagascar, and also offers cross border financing in non-presence countries.