The Bank of Mauritius has completed its 2026 assessment of domestic systemically important banks and confirmed that the four banks identified in 2025 retain that classification. They are The Mauritius Commercial Bank Ltd, SBM Bank (Mauritius) Ltd, Absa Bank (Mauritius) Limited and AfrAsia Bank Limited. The assessment applies the central bank’s methodology for determining systemic importance and the resulting capital surcharge. It initially covers banks whose domestic or resident assets equal at least 3.5% of gross domestic product at market prices, then evaluates their size, exposure to large groups, interconnectedness, complexity and substitutability.
Bank of Mauritius2026-08-13
Bank of Mauritius confirms four banks remain domestic systemically important
The Bank of Mauritius has confirmed that four banks remain domestic systemically important following its 2026 assessment. The Mauritius Commercial Bank, SBM Bank (Mauritius), Absa Bank (Mauritius) and AfrAsia Bank retain the classification and are subject to the associated capital surcharge framework.