--- id: 1468 title: "Three Times a Winner: SBM is Named Best Bank Mauritius, 2014" award_year: 2015 published: 2015-01-06 13:38:32 published_gmt: 2015-01-06 13:38:32 author: "CFI.co Editorial" url: "https://cfi.co/awards/africa/2015/three-times-a-winner-sbm-is-named-best-bank-mauritius-2014/" categories: ["Africa", "Banking"] content_class: award_rationale independence_status: independent_editorial sponsor_disclosure: none editorial_lens: constructive_positive_lens historical_status: current_at_publication correction_status: none archive_policy: no_delete provenance_layer: github_versioned wayback_status: archived wayback_first_snapshot: 20200813165446 wayback_snapshot_url: "http://web.archive.org/web/20200813165446/https://cfi.co/awards/africa/2015/three-times-a-winner-sbm-is-named-best-bank-mauritius-2014/" license: CFI-OAAL-1.0 content_sha256: f1482891a70d25447c76e0c124208df6dd00ebf4542185dceb99e6c4a6df5cee canonical: 1468-three-times-a-winner-sbm-is-named-best-bank-mauritius-2014.json --- # Three Times a Winner: SBM is Named Best Bank Mauritius, 2014 > Verbatim archived copy. Canonical machine record: `1468-three-times-a-winner-sbm-is-named-best-bank-mauritius-2014.json`.

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SBM Bank (Mauritius) Ltd has been named the country’s Best Bank for three consecutive years of the CFI.co Banking Awards programme. The Judging Panel expressed a special commendation of SBM on this exceptional achievement. Despite economic challenges in operating countries, SBM’s recent financial performance has been very satisfying.

The Panel points out that,’ consecutive year winners typically move from strength to strength – even when times are tough – and that has certainly been the case with SBM. The third year win gives an indication of the fundamental strength of this outstanding bank that was established some forty years ago. SBM now has over 1200 employees and operates throughout Mauritius with branch offices in India and Madagascar. Our 2014 winner has a twenty percent share of the domestic market and a capitalisation of $1 billion. This is a solid, dependable bank with exemplary operating efficiency and great services and products. Well done SBM.’