Share price
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.
Results
2nd quarter
6 months to December 2020
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Financial Statements pdf 262KB
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Group Management Statement pdf 1MB
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Earnings call presentation pdf 792KB
Financial Calendar
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.
| Agency | Outlook | Long term | Short term |
|---|---|---|---|
| Moody's | Negative | Baa3 | P-3 |
Domestically, CARE Ratings (Africa) Private Limited assigns a AAA rating to MCB Ltd with regard to the servicing of financial obligations.
Moody's website at www.moodys.com
CARE Ratings website at www.careratingsafrica.com
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