MCB Group

At the invitation of the Africa Peer Review Mechanism (an African Union organ), in partnership with the UNDP and the UN Economic Commission for Africa, Rony Lam (CEO) and Anish Goorah (Senior Vice President) from MCB Capital Markets participated in an expert meeting on the establishment of the African Credit Rating Agency (AfCRA) in Cairo from 8th to 10th October. The AfCRA is expected to play a crucial role in the development of the pan-African debt capital markets and in facilitating intra-African capital flows. Rony and Anish articulated the case, model, considerations and roadmap for the establishment and implementation of the AfCRA. The meeting was attended by representatives of African central banks, ministries of finance, regulators, multi-lateral institutions, credit rating agencies and other market participants. #MCBGroup

Thierry Hebraud, CEO of MCB Ltd, was invited as a key speaker during the 𝟓𝟎𝐭𝐡 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐫𝐚𝐝𝐞 𝐚𝐧𝐝 𝐅𝐨𝐫𝐟𝐚𝐢𝐭𝐢𝐧𝐠 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧 (ITFA) conference in Cyprus. He had a firechat interview with the internationally recognised Economist, Rebecca Harding, where they discussed sustainability in Africa and the reasons for it to be treated distinctively when developing frameworks or principles for ESG reporting standards. 👉 Read more: https://on.mcb.mu/lnw #MCBGroup

“We live in a disrupted world”   Global trade can only happen with a reliable and efficient way to make payments. As technology advances relentlessly, banks like MCB must continue investing in their payment solutions to provide a seamless experience to their clients.   In this latest episode of MCB Talk, Sanjeev Hazareesing, MCB Group’s Head of Global Transaction Banking, lifts the veil on the mysterious world of money movement. 🎧 Tune in to our latest podcast, MCB Talk, here: https://lnkd.in/dSD3meTC  #MCBgroup

We held our Analyst Meeting in our headquarters on Wednesday 2 October 2024, following the release of the Group’s results for the year ended June 2024. Our Group Chief Executive, Jean Michel Ng Tseung gave an overview of our financial performance and the presentation was followed by a Q&A session. 👉 View our presentation here: https://lnkd.in/dhgFSsEd #MCBGroup

The 𝐑𝐨𝐚𝐝 𝐭𝐨 𝐌𝐚𝐮𝐫𝐢𝐭𝐢𝐮𝐬 is about to unfold...🌴✨A place where the world’s greatest golfers will soon compete for glory on the 𝐋𝐞𝐠𝐞𝐧𝐝 𝐆𝐨𝐥𝐟 𝐂𝐨𝐮𝐫𝐬𝐞, Constance Belle Mare Plage. Stay tuned for all the updates as we get closer to the 𝐌𝐂𝐁 𝐓𝐨𝐮𝐫 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧𝐬𝐡𝐢𝐩 𝟐𝟎𝟐𝟒. 🏌️♂️⛳️ #MCBTourChampionship

I am pleased to join a panel at the upcoming Institute of Internal Auditors Conference 2024 to discuss the Impact of Artificial Intelligence on Human Capital and the Future of Work. 🤝   This event holds special significance as MCB Group proudly returns as Platinum Sponsor for the second consecutive year, reaffirming our commitment to advancing professional development and fostering innovation in internal auditing and emerging trends.   I look forward to insightful discussions and exchanging ideas on the evolving workforce landscape. 🗣️   #MCBGroup

Our latest 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, published in collaboration with ETM Group Africa, provides a detailed outlook on the 𝐠𝐥𝐨𝐛𝐚𝐥 𝐨𝐢𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 and its future direction. With insights into market trends and the influence of global events, this report is essential for investors and businesses alike. 🛢️📈 👉 Read more to see how fluctuating oil prices could impact your financial plans and investment strategies: https://lnkd.in/duu5-6QA #MCBGroup

We are proud to announce that we have been awarded 𝐁𝐞𝐬𝐭 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐚𝐧𝐤 𝐢𝐧 𝐌𝐚𝐮𝐫𝐢𝐭𝐢𝐮𝐬 and 𝐁𝐞𝐬𝐭 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐚𝐧𝐤 𝐢𝐧 𝐄𝐚𝐬𝐭 𝐀𝐟𝐫𝐢𝐜𝐚 at the prestigious GTR Leaders in Trade Awards for MiddleEast and Africa! 🏆✨ These awards represent our unwavering commitment to unlock trade opportunities and help to bridge the trade finance gap across the domestic, regional and African market. This recognition is dedicated to our passionate team members who consistently go the extra mile to serve our clients, our key partners who stand by us, and our trusted clients who are pushing African trade to new heights. 🌍🤝

MCB Group recorded a net profit of 𝐑𝐬 𝟏𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 for the financial year ended June 30, 2024, representing an increase of 𝟏𝟑.𝟓% compared to the previous year. These results reflect the hard work and dedication of our 4,400 employees and the strategic investments made in recent years, in both our people and technology. 📈 The Group continues to deploy the expertise developed by its teams to make a positive impact beyond our shores. 60% of the Group's profits come directly from MCB's international activities carried out from Mauritius, underscoring the strategic importance of our domestic jurisdiction. We firmly believe in the unique potential of the MIFC as a gateway for facilitating financial flows across Africa. Our strong performance encourages us to maintain our efforts to contribute to the prosperity of our region and promote the continuous development of the Mauritian jurisdiction. This is aligned with our commitment to play an active role in the country's economic progress, leveraging our leading position to make a positive impact on our customers and the communities we serve. We remain determined to continuously enhance the quality of our services, whether in our branches or through our digital platforms while strengthening our endeavours towards improving the daily lives of our fellow citizens, and protecting the environment. 📊 #MCBGroup

Découvrez le projet du 𝐕𝐨𝐥𝐮𝐧𝐭𝐚𝐫𝐲 𝐌𝐚𝐫𝐢𝐧𝐞 𝐂𝐨𝐧𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧 𝐀𝐫𝐞𝐚 à Anse la Raie. Ce projet, porté par l'ONG Reef Conservation et la communauté locale, vise à protéger une zone du lagon pour la laisser se régénérer naturellement, permettant ainsi aux poissons et à la faune marine de retrouver un habitat sain et florissant. 🐠🌱 Un projet soutenu par 𝐘𝐨𝐮𝐫 𝐂𝐚𝐫𝐝 𝐟𝐨𝐫 𝐂𝐡𝐚𝐧𝐠𝐞, initiative de la MCB en faveur de notre biodiversité locale.