Mauritius Global Conference

Global Conference for Overseas Subsidiaries and Retail Banking: Vision 2020

SBI (Mauritius) Ltd is a subsidiary of SBI(97% Shareholding). It is a steady and strong player in the Banking landscape of Mauritius, with aspirations to grow as a long term stake holder in the Mauritian Economy. SBI (Mauritius) Ltd has presence in the beautiful island country since 1989, as SBI (International) Mauritius Ltd, focusing on Global Banking Business. The Bank has grown in tandem with the economy of Mauritius, which incidentally has emerged as a major International Finance Centre. The parent Bank, , expanded its footprint in the economy of Mauritius in 2005, by acquiring a stake in Indian Ocean International Bank (IOIB) Ltd, which has a good retail presence in the country since 1979. On 25.10.2008, SBI (International) Mauritius Ltd amalgamated with Indian Ocean International Bank, and was renamed as SBI (Mauritius) Ltd. Over the years, SBI (Mauritius) Ltd has posted a healthy growth to emerge as a steady growing mid-sized bank amidst the highly competitive banking environment of Mauritius. SBI (Mauritius) Ltd is having 14 fully integrated- 13 Retail Branches covering major areas of Mauritius, including Rodrigues Island, and 1 Global Business Branch at Ebene in Mauritius.