SBM Holdings Ltd 2024 IR
The report highlights SBM Holdings Ltd's performance for the fiscal year 2024, during which the Group achieved a profit before tax of MUR 5.6 billion, representing a 12.1% increase compared to the preceding year. SBM Bank (Mauritius) Ltd launched its new mobile banking application, SBM Tag, in December 2024, which saw rapid adoption. The Group also completed its strategic sustainability framework, aligning its operations with six priority UN Sustainable Development Goals. Additionally, SBM Holdings Ltd approved a subordinated debt issuance of up to MUR 5 billion to consolidate its Tier II capital base and support future growth.
Company: SBM Holdings Ltd
Sector: Financials
Country: Mauritius
Year: 2024
Type: IR
Pages: 399
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SBM Holdings Ltd
Integrated Annual Report
The report highlights SBM Holdings Ltd's performance for the fiscal year 2024, during which the Group achieved a profit before tax of MUR 5.6 billion, representing a 12.1% increase compared to the preceding year. SBM Bank (Mauritius) Ltd launched its new mobile banking application, SBM Tag, in December 2024, which saw rapid adoption. The Group also completed its strategic sustainability framework, aligning its operations with six priority UN Sustainable Development Goals. Additionally, SBM Holdings Ltd approved a subordinated debt issuance of up to MUR 5 billion to consolidate its Tier II capital base and support future growth.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
May 20, 2025
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees