Sbm bank full form

SBM Group is a strong financial institution with a top tier position in Mauritius with a well-established regional presence in India, Madagascar and Kenya. SBM Holdings Ltd is the third largest listed entity on the Stock Exchange of Mauritius with a market capitalization of MUR 13.6 billion as at end of December 2022. SBM AT A GLANCE Profit for the year: MUR 3.6Bn Market Capitalisation: MUR 13.6Bn Total Assets: MUR 362.3Bn Capital Adequacy Ratio:19.10%* Total Operating Income: MUR 13.7Bn Employees: 3,115 Shareholders: 18,309 domestic and international Customers: ~5.9million *Comfortably above min. regulatory level The above figures are as at 31 December 2022 View our detailed Group Structure Who We Are Vision To be one of the leading and trusted financial services providers in our geographies of presence, driven by innovation and technology. Mission To achieve strong and sustainable returns for our shareholders, meet the relevant needs of our stakeholders and support the development of the community at large. Goal We aim to prudently grow our assets, maintaining returns above our cost of equity by gaining market share in our core domestic banking business, by judiciously building our international business and by selectively offering non-banking financial services. Values •Customer centricity •Trustworthiness •Integrity •Respect •Prudence

SBM Bank (Mauritius) Ltd is a leading financial institution operating in the Republic of Mauritius since 1973. As at 31 December 2022, the Bank had a domestic market share of 26.7% (2021:26.5%) for total advances (excluding GBL) and 21.5% (2021: 21.3%) for total segment A deposits. Our philosophy is to commit to world-class standards in every area of our business; put our customers first in everything we do; be prudent in taking risks with shareholder and depositor funds; adhere to the highest ethical standards; treat our employees with integrity and respect, and expecting the highest performance in return. LINES OF BUSINESS SBM Bank (Mauritius) Ltd caters for a diversified portfolio of customers through its multi-channel capabilities. The Bank provides a wide range of services to its diversified client segments including retail customers, SMEs, Corporates, High Net Worth clients and international clients. Furthermore, the Bank provides a number of services which are available on-line to offer its customers a unique customer experience. The Bank’s performance has been recognised and awarded internationally. In 2018, the Bank was awarded Bank of the Year - Mauritius 2018 by The Banker Banking Awards 2018; Best Innovation in Retail Banking Mauritius 2018 by International Banker Banking Awards 2018; Best Regional Bank of the Year – Southern Africa by African Banker Awards 2018; Best Retail Bank Mauritius 2018 and Best e-Commerce Bank Mauritius 2018 by the Global Banking & Fin...

Mirroring your growth aspirations and lifestyle preferences, we, at SBM Bank India's Wealth have carefully designed Account solutions that align with your diverse requirements and make your banking experience delightful, rewarding and memorable. Our range of Accounts brings a host of advantages including attractive interest rates on your accrued balance, monthly interest pay-outs, and premium lifestyle benefits that meet your expanding needs and evolving expectations.