STATE BANK OF MAURITIUS LIMITED List of IFSC Code Branches States
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STATE BANK OF MAURITIUS LIMITED State wise list:STATE BANK OF MAURITIUS LIMITED has branches in the following state(s) :- Maharashtra.
SBM Group is a strong financial conglomerate.
In addition to its domestic operations in its various geographies of operations, the Group aims to facilitate cross-border financing opportunities for trade and investment along the Asia-Africa Corridor.
SBM Group’s net worth has continued to maintain its growth momentum and subsequently increased by 15.1% from MUR 226 billion as on 31 December 2018 to MUR 260 billion as on 31 December 2019. On the other hand, total customer deposits (excluding banks) have increased. MUR 169 billion as on 31 December 2018 to MUR 199 billion as on 31 December 2019. Additionally, as on 31st December 2019, the Group has a Capital Adequacy Ratio of 22.1% and excellent liquidity. .
The bank has been consistently ranked among the top 1,000 world banks by The Banker magazine, a publication of the Financial Times. It has improved its position among the top 200 banks in Africa by Africa Report 2019. Internationally, we have received several awards including the prestigious Best Bank Mauritius by The Banker in 2018 and in 2019, Capital Finance International awarded us the Best Financial Group Indian Ocean Rim 2019 as well as the Best Growth Strategy Kenya 2019 for our expansion strategy recognized.
It provides a wide range of financial solutions to its clients. In addition to banking services, SBM also provides comprehensive non-banking financial services in investment banking, asset management, securities brokerage, private equity, factoring, investment advisory, registry, fund management and insurance agency. The group also operates a non-financial cluster for investments. The service is provided through our multi-channel capabilities including Branches and Counters, ATMs, POS, Internet Banking, Mobile Banking, E-commerce Portal and Call Center to provide a seamless customer experience to the customers.