In a classic case of ‘so close, yet so far’, Afriasia Bank lost its deposit and the Sh1.26 million interest that it would ...

The State Bank of Mauritius (SBM) which bought Fidelity Commercial Bank, with 14 branches and ranked 31 out of 41 Kenyan lenders now owns Chase Bank’s 62 branches, and Rafiki Microfinance Bank ...

The agreement concluded discussions between the State Bank of Mauritius (SBM), KDIC and CBK on the Chase Bank transaction that was announced on January 5, 2018. The Central Bank of Kenya placed ...

On 3 October, SBM Group, the parent company of the State Bank of Mauritius, announced that its Indian operations had suffered a cyber-attack the day before, and that as much as $14 million could ...

double branches,eyes Rs 5000 cr biz in two years Mumbai, Jan 25 (PTI) State Bank of Mauritius (SBM), among the few foreign lenders to operate as a wholly-owned subsidiary, is targeting to grow its ...

IFSC stands for Indian Financial System Code and is a unique eleven-digit number, which is used for transferring funds online for NEFT, IMPS and RTGS transactions. It is a combination of numbers ...

SBM Bank Kenya, the Kenyan subsidiary of the Mauritius-headquartered SBM Holdings Group, has entered into an exclusive partnership with the Westgate Shopping Mall’s W Exclusive Fitness and ...

A 2024 study by SBM Intelligence sought to rank African countries by stability. The analysis evaluated 48 countries using factors such as ethnic tensions, coup history, food security, and economic ...