MCB Equity Fund, the private equity arm of the MCB Group has announced the acquisition of a minority stake in Africa Mobile Networks Ltd (AMN) for...
After 25 years at the MCB group as General Manager and Chief Executive, Pierre-Guy Noël will soon hand over the leadership of the island’s leading bank...
A USD 20M loan has reportedly been signed between the Mauritius Commercial Bank (MCB) and Bank of Kigali Plc. The aim of this loan is to...
The Mauritius Commercial Bank Ltd (MCB) is reportedly adopting MITECH’s system TRAC to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is...
Ms Bonnie Qiu, Chief Executive Officer of the HongKong & Shanghai Banking Corporation Limited, has been elected as Chairperson of the Mauritius Bankers Association (MBA). During the MBA’s...
In June 2014, the Bank of Mauritius issued the Guideline for Dealing with Domestic-Systemically Important Banks (D-SIBs) which sets out the methodology to be applied for assessing the...
The Listing Executive Committee of The Stock Exchange of Mauritius Ltd has approved, by way of private placement, the listing of up to 2 million unsecured...
The good performance of the MCB group, which garnered profits of Rs6.1Bn for the nine months ending March 31, 2021, positively impacted its stocks. MCBG shares...
The number of MCB customers using their cards for e-commerce has increased by 43% between March 2020 and March 2021, Defi Media reported, citing figures released by the...
The Mauritius Commercial Bank (MCB) has announced it is providing a $60M loan to convert a 235-MW powership owned by Turkey’s Karpowership in Senegal from heavy...
