Annual Report
2020

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The particularly difficult operating context continued to impact the Group’s results, with attributable profits to ordinary shareholders falling by 23.6% for the quarter ended September 2020 to reach Rs 1,925 million, largely linked to the substantial increase in Expected Credit Losses (ECL) amidst the deterioration in the economic outlook, notably on the domestic front.

Pierre Guy Noel, CEO of MCB Group
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Latest Events

  • 23 November 2020

    MCB Group organised an Earnings call on 23 November 2020, following the release of its first quarter results for FY 2020/21

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Credit Ratings

Credit ratings are opinions subject to ongoing review by rating agencies and may change from time to time based on the financial performance of MCB Ltd, industry dynamics, and other factors. MCB Ltd is being rated by Moody's Investors Service and FitchRatings.

AgencyOutlookLong termShort term
Moody'sNegativeBaa2P-2
Fitch RatingsNegativeBBB-F3

Moody's website at www.moodys.com
FitchRatings website at www.fitchratings.com

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