| [1838] |
MCB incorporated by Royal Charter |
| [1949] |
Lloyds Bank becomes a shareholder |
| [1952] |
Opening of MCB's second branch |
| [1955] |
MCB becomes a limited liability company |
| [1957] |
The Mauritius Commercial Bank Finance Corporation becomes the first of its eight existing subsidiaries |
| [1970] |
MCB sets up an Industrial Loans Division to cater for EPZ clients |
| [1987] |
MCB becomes co-founder of the first Mauritian leasing company |
|
MCB becomes the first bank to install ATM's in Mauritius |
| [1988] |
MCB becomes the first bank to issue credit cards |
| [1989] |
MCB is listed on the Stock Exchange |
|
MCB Stockbrokers is incorporated |
| [1990] |
Incorporation of MCB Registry and Securities Limited |
| [1991] |
Opening of representative offices in Paris and Antananarivo |
| [1992] |
MCB becomes an operational member of SWIFT |
|
Purchase of a majority stake in BFCOI |
|
Opening of Union Commercial Bank Ltd in Madagascar |
| [1993] |
Opening of a branch of BFCOI in Paris |
| [1994] |
Launch of telephone and fax banking service, TELBEST |
| [1995] |
Set up of the leasing company, FINLEASE |
| [1996] |
Launch of MCB's PC-based Corporate banking service, Fidelink |
| [1997] |
Opening of a representative office through BFCOI in Mozambique |
|
Implementation of new IT systems in MCB and its banking subsidiaries |
| [1998] |
MCB launches its website www.mybank.org - www.mabanque.org. MCB becomes the first bank to offer Internet Banking service, allowing banking transactions 24 hours a day, 7 days a week, anywhere in the world, with high security systems |
| [1999] |
Opening of Uniao Comercial de Bancos (UCB) in Mozambique |
|
Set up of MCB Private and MCB Factors (also a first) |
| [2000] |
Launch of the first local secure internet payment service, for businesses, MCBe-com |
| [2002] |
Leader in the issue of Magnetic Ink Character Recognition encoded cheques |
| [2003] |
Official and exclusive American Express acquirer |
| [2004] |
First to allow customers to buy air time for pre-paid mobile phones through the telephone and the Internet |
|
First Mauritian Bank to raise a revolving credit on the international market |
|
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