Systemically Important Banks: A Strengthened Framework to Protect Financial Stability

The Mauritius Commercial Bank Ltd, SBM Bank (Mauritius) Ltd, Absa Bank (Mauritius) Limited, and AfrAsia Bank Limited continue to be recognized as the primary domestic systemically important banks in Mauritius. This classification, conducted by the Bank of Mauritius based on a study carried out in August 2025 and made public last week, indicates that their role in the economy is such that significant difficulties affecting any one of them could have substantial repercussions on the wider financial system.