Enhancing business opportunities through partnership

On Tuesday, April 16, at the SBM Tower in Port Louis, SBM Bank (Mauritius) Ltd and the Trade & Development Bank Group (TDB Group) formalized a partnership agreement to foster business development, co-financing, and capacity building.

The CEOs of both organizations signed the agreement during an event attended by representatives from the Common Market for Eastern and Southern Africa (COMESA). This agreement establishes a framework for collaborative efforts on joint business opportunities, co-financing contracts, and capacity-building initiatives.

The TDB Group’s substantial presence in Mauritius, marked by its numerous subsidiaries and pivotal roles, underscores the significance of this partnership. It is poised to advance sustainability locally and regionally while bolstering Mauritius’ stature as an international financial hub. As a leading regional African development bank specializing in trade financing, economic integration, and sustainable development, the TDB Group’s collaboration with SBM Bank holds promise for driving positive change in the region.