Retention to support growth

Wealth is allocated to support the Group’s future growth and sustainability via our retained earnings.
Afsheen - Journalist
Girisha - Dental Surgeon
Rebecca - Interior Architect
Pallavi - Senior Maintenance Technician
Christiane - Director, NGO
Geraldine - Petrol Pump Attendant
Lucinda - Import Counter Officer
Anishta - Psychologist
Widaad - Comedian and Make-up Artist
Anousha - General Manager, IT
Karine - Senior Manager, Finance
“Although the pandemic significantly impacted our activities throughout FY 2020/21, the organisation managed to deliver encouraging results...”
“The particularly difficult economic and market conditions exerted pressures on revenue lines across segments...Yet the Group posted a resilient performance...”
To further their business growth, Group entities can rely, to a notable extent, on wide-ranging platforms and channels, encompassing branches, ATMs as well as payment, mobile and Internet Banking platforms. Moreover, Group entities leverage organisation-wide synergies as well as alliances and partnerships with external parties. As for MCB Ltd, it also taps into a wide network of correspondent banks worldwide, including over 100 in Africa, alongside capitalising on its Representative Offices located in Johannesburg, Nairobi, Paris and Dubai. Of note, in September 2021, our Representative Office license in Dubai was upgraded to Advisory Office under Category 4.
Shameema - Taxi Driver
Nadia - Police Officer
Emilie - Director, Biscuit Factory
Joomawtee - Charge Nurse
Punardeep - Airline Pilot
During the last financial year, the Group continued to provide relevant and meaningful ways to promote the interests of its stakeholders and help them prosper, supported by its resilient financial results.
Wealth is allocated to support the Group’s future growth and sustainability via our retained earnings.
Our value proposition comprises competitive rewards and benefits, with particular emphasis laid on the personal and career development of our staff.
Via our direct and indirect tax payments, we support the authorities in fostering the execution of socio-economic development projects.
We provide shareholders with adequate dividend payout.
We contribute to the welfare of the society in which we live and work with funds assigned for Corporate Social Responsibility (CSR) activities and sponsorships.
Bhama - Site Engineer
Vanessa - Chief Technical Officer, Digital
Pritima - Fitness Instructor
Saurenza - Fisherwoman and Fishmonger
Virginie - Protection Officer
To enrich customer experience at all touchpoints
To be coherent and simple in our approach
To stay innovative in our offerings
To empower customers in realising their aspirations
To simplify and streamline our operations
Shridhana - Training Manager
Claire - Community Manager
Sudashina - Firefighter
Fleur - Guidance Counsellor
Shanya - Executive Director
Medjée - Machinist
The Board of MCB Group Ltd is committed to applying high standards of corporate governance as a solid foundation for supporting the Group’s ability to create sustainable value for its stakeholders and the society at large. The Board provides ethical and effective leadership by setting the tone from the top in the way it conducts itself and oversees the business and affairs of the Company and its subsidiaries. It promotes a culture whereby the principles of integrity, accountability and transparency are embraced by employees within the organisation. During the year under review, the Board remained focused on addressing the challenges that emerged from the COVID-19 pandemic while adapting to the rapidly changing and demanding operating context. In this respect, the Board believes that good governance and increased stakeholder engagement are more important than ever to the successful delivery of the Group’s purpose and strategy. The Group’s sound governance standards and practices are anchored on key pillars as highlighted hereunder:
Angie - Eco-Responsible Entrepreneur
Corinne - Physical and Health Educator
Gaëlle - Director, Textile Factory
Lillka - Director, Training Institution
Mokshda - Barrister
Charlene - Project Manager
We consider that, beyond being a threat, risk can turn out to be a real competitive differentiator if it is managed in a thoughtful way. In line with our business aspirations, we manage risk in an open, transparent and disciplined way, after making due allowance for the exigencies of our stakeholders. Our risk management approach and policies are regularly reviewed and updated to account for changes in the Group’s business strategies and the external landscape, notably with regard to legal and regulatory stipulations as well as developments taking place within the economic, market and societal landscapes.