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SBM Bank (Mauritius) Ltd.: Update following affirmation of ratings

Our credit view of this issuer reflects its strong capital levels, against its sizeable confidence-sensitive foreign-sourced deposits.

Moody's Ratings affirms Ba1 long-term deposit ratings of SBM Bank, mai...

Moody's Ratings (Moody's) has today affirmed the Ba1/NP long- and short-term deposit ratings and the Ba1 long-term issuer rating of SBM Bank (Mauritius) Ltd. (SBM Bank) and maintained the stable outlook on the long-term deposit and issuer ratings. At the same time, the rating agency has affirmed the...

SBM Bank (Mauritius) Ltd.: Update to credit analysis

Our credit view of SBM Bank reflects its strengthened profitability and capital levels, offset by its weak asset-quality metrics.

SBM Bank (Mauritius) Ltd.: Update following rating affirmation, outloo...

Our credit view of this issuer reflects a high likelihood of government support and strengthened capital levels, offset by weak asset quality metrics.

SBM Bank (Mauritius) Ltd.: Update to credit analysis

Our credit view of this issuer reflects a high likelihood of government support and strengthened capital levels, against weak asset quality with elevated risks.

SBM Bank (Mauritius) Ltd.: Update to credit analysis

Our credit view of SBM Bank reflects its high liquidity ans strengthened capital levels, offset by elevated asset quality and profitability risks due to the pandemic

Moody's announces completion of a periodic review of ratings of SBM Ba...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SBM Bank Ltd.. Global Credit Research- 17 Jun 2021. Limassol, June 17, 2021-- Moody's Investors Service has completed a periodic review of the ratings of SBM Bank Ltd. and other ratings that are associated with the same analytical unit.

SBM Bank (Mauritius) Ltd.: Update following affirmation, outlook chang...

Our credit view of SBM Bank, reflecting its solid funding and liquidity profiles, constrained by the pandemic-led strain on its profitability and already weak asset quality.

SBM Bank (Mauritius) Ltd.: Update to credit analysis

Our credit view of SBM Bank, reflecting its high liquidity and high likelihood of government support, constrained by the risks stemming from the current coronavirus pandemic-induced slowdown

Moody's announces completion of a periodic review of ratings of SBM Ba...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SBM Bank Ltd.. Global Credit Research- 07 Jul 2020. Limassol, July 07, 2020-- Moody's Investors Service has completed a periodic review of the ratings of SBM Bank Ltd. and other ratings that are associated with the same analytical unit.

SBM Bank (Mauritius) Ltd.: Update following downgrade to Ba1

Our credit view of SBM reflecting its high liquidity and deposit-funded profile, balanced against its weakened capital and profitability, with heightened risks from the coronavirus outbreak

Moody's downgrades SBM Bank (Mauritius) Ltd.'s deposit ratings to Ba1;...

Rating Action: Moody's downgrades SBM Bank Ltd.' s deposit ratings to Ba1; changes outlook to stable. Global Credit Research- 22 May 2020. Limassol, May 22, 2020-- Moody's Investors Service has today downgraded SBM Bank Ltd.' s long-term issuer and deposit ratings to Ba1 from Baa3.

SBM Bank (Mauritius) Ltd.: Update following ratings affirmation

Our credit view of SBM reflecting its high liquidity and sound capitalisation, balanced against high levels of problem loans and heightened profitability and asset quality risks

SBM Bank (Mauritius) Ltd.: Update to credit analysis

Our credit view of SBM, reflecting its high liquidity and sound capitalisation, balanced against high levels of problem loans and elevated credit and governance risks in offshore operations.

SBM Bank (Mauritius) Ltd.: Key facts and statistics - Q1 March 2019

A summary company profile, detailing SBM Bank (Mauritius) Ltd.’s business operations and financial highlights.

Moody's announces completion of a periodic review of ratings of SBM Ba...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SBM Bank Ltd.. Global Credit Research- 07 Aug 2019. Limassol, August 07, 2019-- Moody's Investors Service has completed a periodic review of the ratings of SBM Bank Ltd. and other ratings that are associated with the same analytical unit.

SBM Bank (Mauritius) Ltd.: Update following outlook change to negative

Our credit view of SBM Bank (Mauritius) Ltd., reflecting its high liquidity and sound capitalisation, balanced against elevated credit and refinancing risks.

Moody's affirms SBM Bank (Mauritius) Ltd.'s ratings; changes outlook t...

Rating Action: Moody's affirms SBM Bank Ltd.' s ratings; changes outlook to negative. Global Credit Research- 26 Apr 2019. Limassol, April 26, 2019-- Moody's Investors Service has today affirmed the ba1 baseline credit assessment and the Baa3 long-term issuer and deposit ratings of SBM Bank Ltd., and also changed the outlook on these ratings to negative from stable.

SBM Bank (Mauritius) Ltd.: Update to credit analysis

Our credit view of SBM, reflecting its high liquidity and sound capitalisation, balanced against elevated credit and refinancing risks from confidence-sensitive, foreign-sourced deposits.

SBM Bank (Mauritius) Ltd.: Cyberfraud at SBM Bank’s Indian branch hi...

Such control failures pose downside risks to SBM’s ambition to expand in India.

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