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...
Mauritius Commercial Bank (MCB) has found itself embroiled in a deepening controversy surrounding its popular Juice application. Users have reportedly taken to social media to expose...
In a stunning development, MUA Stockbroking Ltd, a subsidiary of Mauritius Union Group, has announced its decision to sell its client portfolio to MCB Stockbrokers Ltd,...
The Mauritius Commercial Bank Ltd (MCB) has successfully signed a three-year syndicated loan worth USD 500 million (Approx. Rs22 billion). The deal reportedly received strong support...
Three banks in Mauritius are about to introduce a targeted measure of low interest rates aimed at clients with low incomes. A total of 36,900 loans...
The successor to Alain Law Min, CEO of the Mauritius Commercial Bank (MCB) has been announced, and it is none other than Thierry Hebraud. The latter...
The MCB Group has reported a strong financial performance for the nine-month period ending on 31 March 2023, with group profits attributable to ordinary shareholders increasing...
African Export-Import Bank (Afreximbank), through its Advisory and Capital Markets (ACMA) division, has acted as Joint Lead Manager for the debut US$300 million RegS-only international senior...
The African Development Bank Group has approved $147 million (over Rs6.7 billion) in subordinated debt to the Mauritius Commercial Bank Ltd to enhance its capital base...
