In a single night, around Rs 4 million were illegally withdrawn from MCB ATMs. A suspect, Preetam Horil, was apprehended by the police, sparking suspicion of...
Swan Securities Ltd has issued a report on Mauritius’ banking sector, focusing on major banks MCB Group and SBM Group. The report suggests that both banks...
MCB has received dual recognition at the Euromoney Awards for Excellence. The bank was honoured with the titles of “Best Bank for Digital Solutions” and “Best...
MCB Group Reports Staggering 46.7% Surge in Profits, Reaching Rs 14.1 Billion In a testament to its financial prowess, the MCB Group has unveiled impressive figures,...
The Mauritius Commercial Bank (MCB) is intensifying its digital transformation efforts to better serve its corporate clients. This includes the introduction of the Internet Banking (IB)...
Concerns are reportedly growing on MCB’s “Touch and Pay” or contactless payments, particularly among older customers. Some have expressed worries about potential unauthorised use of their...
Mauritius Commercial Bank (MCB) has emerged as the top lender to students over the period from April 15, 2013, to July 31, 2023. According to latest...
The Mauritius Commercial Bank (MCB) has reportedly decided not to implement the proposed new fees of 0.2% on cash deposits exceeding Rs 250,000 made by businesses...
The recent case of Raj Seeperson, an MCB client, has sent shockwaves through the community, with reports of suspicious transactions leading to substantial financial losses. Mr....
The Bank of Mauritius has reported a concerning increase in fraudulent transactions, with 475 cases recorded in 2022. The issue is reportedly persisting into 2023, as...
