Sbm

The Banks 'Net Fees and Commission' Reached Rs 5.3 Billion
Thursday, September 12
At the end of March 2013, the 'Net Fees and Commission' commercial banks in the country rose 3.7% to Rs 5.3 billion. While revenues on interest (Net Interest Income), which remains the main source of income for banks rose Rs 3.2 billion during the year ending March 2013 to reach Rs 21.1 billion. Below is a sampling of bank charges of four banks.
Bank Charges: The Financial Windfall of Commercial Banks
Friday, August 09
In addition to the segment B (international business), the Mauritian commercial bank can rely on their bank charges to increase their profitability. Let's take a little tour of banking horizon to see what they have amassed as 'fees and commissions' during the 2012 fiscal year.
Ponzy Schemes: Five Banks (MCB, SBM, SBI, MPCB, AfrAsia) May Appeal
Thursday, June 13
The names of the five banks will have to pay fines for failing to comply with the directives on money laundering scams alleged Ponzi scheme are now known. It is the Mauritius Commercial Bank, State Bank of Mauritius, the State Bank of India, the Mauritius Post and Cooperative Bank and Bank AfrAsia.
Students Credit: SBM Revises Its Offer
Thursday, June 13
The State Bank of Mauritius (SBM) has revised the terms of its student loan 'SBM Achiever'. The bank explained that the operation aims to "better meet the financing needs of students enrolled at the University or in a training center both in Mauritius and abroad."
Cards of SBM:  Temporary Interruption of Operations March 14
Tuesday, March 12
Attention! If you are a customer of the State Bank of Mauritius (SBM), take precautions by withdrawing cash from an ATM (ATM) before the night of March 14 to 15.
7 Mauritian Banks in the African Top 100
Wednesday, January 09
MCB (25th) led the way, rising nine places compared to 2011
Water Bills: Payment by Credit Card
Sunday, December 16
Paying bills for electricity, water and phone is a headache for many subscribers. Because they do not have the time to get involved at the counter, or the patience to stand in long lines to make the payment. A new service now makes it possible to circumvent this problem.
SBM Launches Phase II of its SBM Billpay
Friday, December 07
Launched last year by the State Bank of Mauritius, the service expanded SBM Billpay be seen as a new feature now includes the Central Water Authority (CWA) for the payment of water bills and 'waste water '.
Real Estate: 16 Partners of SBM
Wednesday, October 31
State Bank of Mauritius Ltd (SBM) has launched the "SBM Home Loan", Monday, the SBM Tower in Port Louis. A first in Mauritius. This housing loan, valid until 31 December 2013, also includes discounts and exceptional gifts offered by 16 partners.
SBM Plans To Expand Operations In India And Africa
Thursday, September 27
The SBM plays the card of diversification. The group focuses on Africa and Asia'' to open the way for a strong and sustainable growth in the years to come.
 

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