About MCB Group

Key Facts

A well-established group with a strong track record

  • Incorporated in 1838
  • Initiation of regional expansion in the early 1990s
  • Listed on the Stock Exchange of Mauritius (a member of the World Federation of Exchanges) since 1989

Unrivalled domestic franchise

  • Market shares of above 40% in respect of credit to the economy and local currency deposits and of over 50% of cards issued in Mauritius
  • Highest market capitalisation of around USD 1.4 billion on the local stock exchange, representing a share of above 25%
  • Approximately 900,000 individual and institutional customers, over 19,000 local and foreign shareholders, above 100,000 Internet Banking customers, and some 2,700 employees
  • Extensive network of 40 branches, entirely redesigned according to world class infrastructure concepts
  • 162 ATMs (representing 38% of the local ATM park) and above 5,200 point of sale terminals; facilities for mobile and SMS banking
  • Around 1,600 correspondent banks worldwide
  • Increased participation in non-bank financial services such as leasing, factoring as well as a comprehensive range of investor services

Increasingly prominent player regionally and beyond

  • Presence in 8 countries via subsidiaries, associate and representative offices
  • Bolstered regional market presence on account of dedicated service offerings, participation in trade and project finance deals, and reinforced business relationships
  • Expanded scope to better tap into global business opportunities

MOODY'S RATINGS

  • Foreign Currency Deposits Baa2/P-2
  • Foreign Currency Issuer Baa1
  • Global Local Currency Deposit Baa1/P-2
  • Financial Strength D+
  • NSR Senior Unsecured MTN-Domestic Currency Aa3.za
  • NSR Subordinate MTN-Domestic Currency A1.za

 

For more information on the Group view our investor Fact Sheet and our Group Structure