Annual Report
2020

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Group attributable profits for the quarter ended December 2020 amounting to Rs 1,859 million were in line with those achieved in the previous quarter. Profits for the semester, however, declined by Rs 1,479 million (-28.1%) to reach Rs 3,784 million, a drop mainly due to the increase in the charge for Expected Credit Losses (ECL) compared to the corresponding semester of last year.

Pierre Guy Noel, CEO of MCB Group
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  • 03 March 2021

    EFG Hermes Virtual Investor Conference (1-2 March 2021)

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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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