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Timeline
 

[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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