We have come a long way since 1st September 1838 when we first commenced business and have withstood untold obstacles along the way. And yet, we continue not just to endure but to grow and diversify. The continued socio-economic progress of the country, of private businesses and entrepreneurs is testament to our success.
From a single bank, we have grown into a Group with a total asset worth of MUR 520.5 billion (USD 13 billion). Now with 60 branches/kiosks nationwide, we seek to consolidate our position in the region and beyond.
MCB Group is the holding company of several subsidiaries and associates that operate under three business clusters: Banking, Non-Banking Financial and Other Investments. Banking activities are present in Madagascar, Mozambique, Reunion Island, Mayotte, Paris, Seychelles and Maldives, with a network of around 775 correspondent banks across the world.
The Non-Banking Financial sector is involved in Factoring and Leasing while the MCB Capital Markets Ltd offers services such as Corporate Finance Advisory, Asset Management, Stockbroking, Private Equity and Registry. The Group also assists Micro and Small Entrepreneurs.