Award 2004

For the third time in four years SBM has been awarded the accolade “Bank of the Year, Mauritius” by the prestigious global industry journal “The Banker”.

The Banker, in making these awards, look for organizations that are taking the lead in shaping the industry and delivering value to customers and shareholders. The awards are based on a bank’s financial performance, technology implementation and corporate strategy. In addition, this year, the judges were also looking at a bank’s investment in the future development of its people’s capabilities and competencies.

Chaitlall Gunness CEO of SBM is delighted that the Bank has again received international recognition. “We would like to thank all our shareholders; customers and staff for helping us, again, achieve international acclaim. It is wonderful to win awards but it is even better to win your confidence and trust”

“We are very proud of our people” says Chaitlall Gunness “and the energy they have put into understanding the new skills required to operate at the cutting edge of innovation. We operate in a highly competitive market and we need to have the best people as well as the best technology to maintain leadership”

Head of Marketing Patrick O’Grady believes that the Bank’s success is based on a sound long-term business strategy. “ We have changed the dynamics of the market by investing in redesigning our processes, introducing the best technology and launching innovative products like Flexi and SMS Top Up”.

SBM were awarded Bank of the Year, Mauritius in 2001, 2002 and in June of this year they were awarded “Mauritius Bank of the Year” in the EUROMONEY Awards for Excellence 2004. The award was presented at a gala dinner held on 7th September 2004 at the Dorchester Hotel in London.