Thinking ‘Beyond Numbers’
The secret to our endurance is our standard of excellence and the fact that our people — customers and personnel — are central to everything we undertake.
The new ISO 20022 Programme will forever change the way cross-border payments are made. This transformation ushered by SWIFT is to all intents and purposes a global language for payments messaging, one that is already being used in over 70 countries. It is believed that it will, in the foreseeabl...
How is your organisation managing its LIBOR replacement efforts? As a consequence of several well-documented scandals and questioning of its reliability, the London Interbank Offered Rate (LIBOR), which is the benchmark rate referenced by $350 trillion in bonds, loans, derivatives and securitisat...
Technology has always redefined organisations, irrespective of their economic sector and/or maturity level. The advent of the COVID-19 pandemic, associated with generation-linked behaviours and cutthroat economic conditions, has further put into the limelight the need to invest astutely in techno...
2020 is an unprecedented year! The Covid-19 outbreak has disrupted our status quo and our way of working and interacting with our family and colleagues. A fundamental change is underway with long lasting implications. As a new normal set in, we will have to adapt if we are to survive. During the...
Every day is a new day for cybercriminals with its load of new breaches and new cyber victims. International Card Processing Services (ICPS), with its secure payment ecosystem, is constantly on the battlefield. And so should you. In this world, nothing can be said to be certain, except death and...
The Covid-19 outbreak and the lockdown that followed, accelerated the move towards alternative payment methods across the world. This new normal is expected to be maintained over time, even once Covid-19 is brought under control. However, making the transition from a cash-based payment system, to...
While the world is still adjusting to what has been coined as the “new normal”, a quick look around is enough to confirm that the way we work and do business have definitely changed. Work From Home has become a reality for many across the globe and Mauritius is no exception. Prior to the pandemic...
The Covid-19 pandemic has caused exceptional disturbances for corporates who have to cope with business shutdowns or disruptions in supply chains putting considerable pressure on their actual operations and growth prospects. At MCB, we had to adapt rapidly and proactively to such an unprecedented...
The Covid-19 pandemic has shown that the use of new technologies takes a preponderant place for corporates in order to ensure greater proximity with customers and safeguard continuity of activities and services. At MCB, we are now resolutely committed to offering innovative digital products and s...
Investment and fund management : choosing the smart way! Investors are looking for suitable solutions that meet the needs of diversifying their portfolios amidst numerous offerings. At MCB, our teams have looked at constant market developments in order to offer products and services that can opt...
In banking, a payment solution is the one service that will have more impact on the day to day life of a client that anything else on offer. And yet because the business of electronic money is a complicated one, not all banks on the African continent offer this essential service to their clients....
Our Bank of Banks initiative is a key component of our growth strategy in Africa Since 2008, the Bank of Banks' value proposition aims at positioning MCB as a regional hub, offering bundled banking and financial industry capabilities to its counterparts. Bankers attending Africa Forward Together...
The 9th edition of MCB’s Africa Forward Together (AFT) was held from the 19th to the 21st September at Trou-aux-Biches resort in Mauritius. This year’s conference, which had "Innovative Partnering" as main theme, enabled the participants, C-Suite delegates from mainland African banks and financi...
The last group activity of AFT 2019, the Meeting of Minds Workshop, took place on 3rd October. Led by Jean-Michel Félix, CEO of MCB Consulting Services Ltd, this workshop leveraged the insight and brainpower of over 35 C-level and senior banking leaders across the African region and beyond, throu...
MCB being a bank, it’s quite obvious that our need to make profits is essential. Sustained growth is a prerequisite for any business. However, as the market leader in Mauritius relying on our 181-year long history, we firmly believe in accompanying the development of Mauritius, it is important th...
MCB’s “Bank of Banks” value proposition is a flagship initiative of the Group in support of its international expansion strategy, notably in Africa. This initiative consists of providing a palette of adapted solutions to financial institution counterparts, and aims at positioning the Group as a r...
MCB Group, one of East Africa’s largest financial services provider, has opened a new Representative Office in Dubai’s International Financial Centre (DIFC) in July 2019, with a view to develop its regional footprint and expanding its international activities. This office represents the tenth pre...
