14 JUL 2023

Euromoney Awards for Excellence: 10 in a row!


MCB won the "Awards for Excellence: Best Bank in Mauritius 2023" from the prestigious Euromoney magazine. The bank was granted this accolade for the 10th time in a row.

In its comments, Euromoney recalled the solid financial performance of MCB Group, which has achieved a cumulative increase in net profits of 41.7% for the financial year 2021/22 and the first six months of the financial year 2022/23. Operating income soared by 24.1% during the same period due to increased trade finance operations revenue. 
Euromoney also pointed out that the MCB "remains the Bank of choice for the island's population with a 31% market share of retail customers and 45% share of corporate customers".

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