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23 Aug 2023
MCB Rodrigues Scholarship 2023: Hats off to five Scholars

Five scholars have been awarded the MCB Rodrigues Scholarship this year. The official scholarship ceremony occurred on Wednesday, August 23, at the MCB Centre in Port Louis.Adriane Emilien, Geremi Justin Meunier, James Nickurdean Genave, Bibi Shabnam....

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Strengthening the SME ecosystem

Aug 19, 2019, 05:00 AM by User Not Found

On Monday 19 August 2019, MCB Ltd, through its Deputy Chief Executive, Raoul Gufflet and Dominic Provençal, Deputy Head of Retail, launched a brand new offer for SMEs: the Lokal is Beautiful (LIB) Scheme. Being sustainable is not only about reducing our environmental footprint. As a bank, we believe that our role is to facilitate and finance our society’s shift to sustainability. In other words: contribute to progress at large, may it be on the environmental, economic, and social front.

The LIB Scheme aims to accompany entrepreneurs in the following sectors: (a) Manufacturing / Bio Farming / Agriculture (b) Waste Management / Recycling (c) Service / Technology. 
 
The main benefits and features of the LIB Scheme are as follows:
 
• Up to 100% financing of a project
• Increased accessibility to finance for SMEs 
• Low interest rate (MCB PLR +2%)
• Convenient disbursement and repayment plan
• Moratorium on capital repayment for the first year
• Reduced disbursement fee (0.5% of financed amount, Min Mur 1k)
• Financing over a period of 5 to 7 years
 
Interested? Simply send an email to [email protected] or call 202 6060
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