Three major banks in Mauritius, HSBC, MCB, and SBM, are facing criminal charges for allegedly violating the Financial Intelligence and Anti-Money Laundering Act (FIAMLA). The case...
The country’s leading banking group achieved a strong financial performance in the six months ending 31st December 2023, with net profits of Rs 7.8 billion, up...
The Mauritius Commercial Bank (MCB) has reported that it validated 10,000 banking transactions per hour in December 2023, either through its Juice platform or bank cards....
Pierre Guy Noël, former CEO of the MCB Group, has passed away at the age of 67. A holder of a BSc (Honours) in Economics and...
The Mauritius Commercial Bank (MCB) and UnionPay International (UPI) are celebrating their 15-year partnership. UnionPay is the world’s largest card payment brand, with acceptance in 181...
The MCB group has secured a Sustainability Linked Syndicated Loan (SLSL) worth $400 million (Rs18 billion). This facility marks MCB’s first sustainable-linked loan and is structured...
The private prosecution filed by Sheik Nageeb Maudarbocus, a shareholder of Mauritius Freezone Logistics Limited, accusing Teck Chan Sui Ko, a businessman appointed as receiver manager...
MCB has partnered with Proparco and DEG to support the development of climate finance in Mauritius. The aim is to help MCB expand its climate financing...
South African quantity surveyor Neil Brian Constable, residing in Pretoria, claims to be the victim of a $176,000 (Rs7.8million) fraud. The retiree had decided to diversify...
MCB Ltd and Bank One have been recognised internationally for their excellence in banking. MCB has been awarded the title of “Best Private Bank in Mauritius...
