SBM Bank (Mauritius) Ltd (“the Bank”) is the mainstay of the SBM Group, one of the largest listed entities on the Stock Exchange of Mauritius. Since its creation in 1973, the Bank has paved its way to become one of the leading financial institutions in Mauritius, with a major partaking in the country’s socio-economic development over the years through its participation in important projects and the active deployment of corporate sustainability initiatives in various fields.
As a key growth enabler, the Bank has a wide physical presence and an extensive distribution network, with 45 branches and counters and 137 ATMs. The Bank has a workforce of over 1,700 employees, who serve around 565,000 customers across a wide range of market segments that include retail, private banking and wealth management, SME, corporate, international, financial, government and non-government institutions. The Bank offers multi-channel capabilities to its clients through state-of-the-art branches, internet and mobile banking services, e-commerce gateways and other digital solutions such as online loan application and online customer onboarding, amongst others. These services allow the Bank’s customers to benefit from seamless banking experiences anywhere, anytime.
The Bank’s philosophy is to commit to world-class standards in every area of its business, put customers first in everything it does, be prudent in taking risks with shareholders’ and depositors’ funds, adhere to the highest ethical and corporate governance standards, and treat its employees with integrity and respect. The Bank has always served the interests of its numerous stakeholders, including investors and shareholders, employees, customers as well as the economies, communities and societies in which it operates. It strives to harness an engaged and empowered workforce, while developing and nurturing talents. In this respect, the SBM Group has a well-established staff welfare programme, ranging from training platforms, skill upgrading opportunities to sports activities through the SBM Park.
Testifying to its commendable progress on various fronts and the constant focus on innovation, the Bank has received several accolades and distinctions in recent years, namely the trophy for 'Best SME Bank in Mauritius 2026' from Global Finance, ‘Mauritius’ Best Bank for Customer Experience’ at the Euromoney Awards for Excellence 2025, ‘Mauritius' Best for HNW’ at the Euromoney Private Banking Awards 2025, ‘Outstanding Use of Digital Channels for Improved CX – Mauritius’ at the Digital CX Awards 2025. Additionally, the Bank won ‘Best Private Bank in Mauritius’ at the Global Private Banker MEA Awards 2024 and ‘Best Bank for SMEs in Mauritius’ at the Euromoney Awards for Excellence 2024.