State Bank of Mauritius

Port Louis, Mauritius Founded: 1973 • Age: 53 yrs
Diversified banking and financial services are provided in Mauritius.

About State Bank of Mauritius

State Bank of Mauritius is a company based in Port Louis (Mauritius) founded in 1973.. State Bank of Mauritius has completed 1 acquisition, including Chase Bank. State Bank of Mauritius offers products and services including Internet Banking, Loans, and CSR Projects. State Bank of Mauritius operates in a competitive market with competitors including Investec, Scotiabank, MCB, AfrAsia Bank and MauBank, among others.

  • Headquarter Port Louis, Mauritius
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sbm Holdings Ltd
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of State Bank of Mauritius

State Bank of Mauritius offers a comprehensive portfolio of products and services, including Internet Banking, Loans, and CSR Projects. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Online platform for secure banking transactions and account management

Various loan options for individuals and businesses

Initiatives to support vulnerable groups and poverty alleviation efforts

People of State Bank of Mauritius
Headcount 1000-5000
Employee Profiles 6
Employee Profiles
People
Anita Khelawon
Head Of Operations
People
Akshay Faugoo
Group Chief Operations And Transformation Officer
People
Laban K. Ronoh
Head Of Shared Services, SBM Bank (k) Ltd
People
Gitika Dowlut
Risk Analyst

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Funding Insights of State Bank of Mauritius

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by State Bank of Mauritius

State Bank of Mauritius has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Chase Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial bank
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - State Bank of Mauritius

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

State Bank Of Mauritius Comparisons

Employees
+
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Competitors of State Bank of Mauritius

State Bank of Mauritius operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, Scotiabank, MCB, AfrAsia Bank and MauBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided in Mauritius since 1838.
domain founded_year HQ Location
Commercial banking services are offered in Port Louis, Mauritius.
domain founded_year HQ Location
Operates as a commercial bank, offering deposits, loans, and payment services to customers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on State Bank Of Mauritius

Frequently Asked Questions about State Bank of Mauritius

When was State Bank of Mauritius founded?

State Bank of Mauritius was founded in 1973.

Where is State Bank of Mauritius located?

State Bank of Mauritius is headquartered in Port Louis, Mauritius.

What does State Bank of Mauritius do?

State Bank of Mauritius was established in 1973 in Port Louis, Mauritius. Operations are centered in the financial sector, where a range of services including retail banking, corporate finance, and investment management is offered. The institution functions as a diversified entity, supporting economic activities across Mauritius through its established network. Geographic focus remains primarily on the local market, with standard financial products and advisory roles integrated into daily operations.

Who are the top competitors of State Bank of Mauritius?

State Bank of Mauritius's top competitors include Investec, Scotiabank and MCB.

What products or services does State Bank of Mauritius offer?

State Bank of Mauritius offers Internet Banking, Loans, and CSR Projects.

How many acquisitions has State Bank of Mauritius made?

State Bank of Mauritius has made 1 acquisition, including Chase Bank.

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