Following the recent revision of the Key Rate by the Bank of Mauritius from 4.5% p.a. to 4.0% p.a., SBM Bank (Mauritius) Ltd wishes to inform its valued customers and the public in general that it has reduced interest rates by 0.5% p.a. The new rates as indicated hereunder will be effective on Tuesday the 1st of October 2024.
Prime Lending Rate (PLR): 6.55% p.a.
Savings Rate: 2.60% p.a.
The Management
SBM Bank (Mauritius) Ltd
27 September 2024