Secured Automated Lending Technology (SALT) will provide risk mitigation software to allow financial entities, like SBM, to participate in this new market.
Mauritius is looking to become a destination for blockchain start-ups with its sandbox licensing scheme; for this reason, the collaboration is expected to build such an ecosystem on the island nation.
SBM Group is a banking and financial service institution listed on the Stock Exchange of Mauritius with a market capitalisation of MUR 23.3 billion (USD 685.7 million). The group offers retail and business solutions, treasury services, international banking facilities, an e-business platform, trade finance, wealth management and investment banking activities. It is present in Mauritius, Madagascar, India and Kenya.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now