PEMC
Wednesday, 13th December 2017, 4:50:pm

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Seychelles Commercial Bank Company Ltd (SCB)

The Seychelles Commercial Bank formerly known as ‘Seychelles Savings Bank’ came into being more than100 years ago. The Bank presently conducts fully fledged commercial banking activity, including housing loans and foreign exchange operations under the Financial Institutions Act, 2004, as amended.

The Government of Seychelles holds majority shares (76.55%) whilst account shareholders and staff hold 23.45% shares in the Bank. The Government intends to hold only 60% ownership in the Bank and hence planning to come out with an offer to sell the balance of 16.55 % to accountholders.

The Bank earned an Operating profit of SR17.37 million and after tax profit of SR9.45 million as at end December, 2012.

The Seychelles Commercial Bank seeks to meet fully and efficiently all the banking needs of its customers.

In 2013, the Bank revamped itself in terms  of new name, logo, font and slogan. Significantly, it repositioned itself so as to refelect the true nature of its activities which involoves not only catering to low income earners, but also providing all types of commercial banking facilities. Some of the new initiatibves by the Bank are:

Upgrading of its banking sofware

  • Setting up of a website
  • Internet Banking
  • SMS/Mobile Banking and many more…

The Bank projects a profit after tax of SR14.4 million in the year 2015.

CONTACT DETAILS

Website: Website under construction

Head Office: PO Box 531, Orion Mall, Victoria, Mahé, Seychelles

Tel: +248 429 40 00

Fax: +248 422 47 13

Enquiries: This email address is being protected from spambots. You need JavaScript enabled to view it.