SBM is Awarded “Best Bank in Mauritius” by Euromoney in their Awards for Excellence 2006

SBM has once again achieved top ranking in an international survey of world banks.

Euromoney, a leading global publication within the Financial Services Sector, has awarded SBM “Best Bank in Mauritius” in their annual Awards for Excellence 2006. This is the third year running that the Bank has claimed first prize after winning the prestigious inaugural award [for Mauritius] in 2004 and repeating the performance in 2005. The Awards have been run at an international level for the last 14 years.

Every year Euromoney surveys the leading banks in the major global markets. This year’s survey highlights SBM’s profitability and growth in assets.

This is the sixth time in recent history that SBM has received global recognition. In 2001, 2002 and 2004 the Bank was awarded “Bank of the Year Mauritius” by the “Banker”, a publication of the prestigious Financial Times Group from London that monitors the performance of banks around the world. In addition during 2004 and 2005, SBM received the Euromoney award of “Best Bank in Mauritius”.

Released by State Bank of Mauritius Ltd on 06th September 2006