Categories: AfricaBanking

Three Times a Winner: SBM is Named Best Bank Mauritius, 2014

SBM Bank (Mauritius) Ltd has been named the country’s Best Bank for three consecutive years of the CFI.co Banking Awards programme. The Judging Panel expressed a special commendation of SBM on this exceptional achievement. Despite economic challenges in operating countries, SBM’s recent financial performance has been very satisfying.

The Panel points out that,’ consecutive year winners typically move from strength to strength – even when times are tough – and that has certainly been the case with SBM. The third year win gives an indication of the fundamental strength of this outstanding bank that was established some forty years ago. SBM now has over 1200 employees and operates throughout Mauritius with branch offices in India and Madagascar. Our 2014 winner has a twenty percent share of the domestic market and a capitalisation of $1 billion. This is a solid, dependable bank with exemplary operating efficiency and great services and products. Well done SBM.’

marten

Recent Posts

SegurCaixa Adeslas: Best Insurer Spain 2024

SegurCaixa Adeslas, a pre-eminent Spanish health insurance company, has demonstrated a formidable and truly impressive…

2 weeks ago

Banco BPI: Excellence in Sustainable Banking Initiative Portugal 2024

Banco BPI's dedication to sustainability is a beacon of proactive environmental and social responsibility. Beyond…

3 weeks ago

BSE Ltd: Champions of Capital Market Innovation and Efficiency Asia 2024

BSE Ltd, formerly known as the Bombay Stock Exchange, is a crucial player in India’s…

4 weeks ago

TMT Investments Plc: Visionary Leaders in Global Tech Venture Capital Europe 2024

TMT Investments Plc, publicly quoted on the AIM market of the London Stock Exchange since…

4 weeks ago

BNP Paribas Fortis: Outstanding Contribution to SME Financing Benelux 2024

BNP Paribas Fortis is a key player in the Belgian banking sector with a rich…

4 weeks ago

BAWAG Group AG: Best Banking Group Governance DACH 2024

BAWAG Group has reported 2023 net profit of 683 million euros, a ROTCE of 25…

4 weeks ago