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About MCB Group
With its 185-year history, MCB Group has evolved from a bank into an integrated bank and financial services provider, offering tailored and innovative solutions to a diversified client base, ranging from retail to corporates and institutions. Alongside consolidating its leading banking position in Mauritius, the Group has diversified its activities into the non-banking field, providing investor-related, leasing and factoring services.
MCB Group is currently ranked 1st in East Africa and 16th in Africa among the Top 1000 Banks in terms of Tier 1 capital. The Group is investment grade-rated by Moody’s and currently ranks 32nd in Africa in terms of assets (Jeune Afrique Top 200 Banks, The Africa Report, September 2022).
The Group has also established a physical presence in 11 countries overseas, via its subsidiaries in Madagascar, Seychelles and Maldives, its representative offices in Johannesburg, Nairobi, Paris and advisory office in Dubai, as well as its associates, Société Générale Moçambique and Banque Française Commerciale Océan Indien (BFCOI – operating in Réunion Island, Mayotte and Paris). Additionally, we obtained a licence to open a Representative Office in Nigeria in August 2023, a key milestone towards extending our footprint in West Africa. MCB Group is actively involved in sub-Saharan Africa through the financing of major cross-border transactions and its ‘Bank of Banks’ axis, which aims at positioning it as a regional hub for handling trade finance, payment solutions and consulting services linked to project management and high-end IT solutions.
Conscious of its stature locally and in the region and the role it can play as a positive agent of change, MCB Group has, in 2018, adopted “Success Beyond Numbers” as its motto, in order to step up its sustainable development initiatives. Same are based on boosting the local economy of Mauritius through entrepreneurship, fostering and preserving the environmental and cultural heritage of the country and the individual and collective wellbeing of Mauritians.
The Oxford Martin School is a world-leading research department of the University of Oxford. Its 200 academics work across more than 30 pioneering research programmes to find solutions to the world’s most urgent challenges. It supports novel and high-risk projects that often do not fit within conventional funding channels, with the belief that breaking boundaries and fostering innovative collaborations can dramatically improve the wellbeing of this and future generations. Underpinning all our research is the need to translate academic excellence into impact – from innovations in science, medicine, and technology, through to providing expert advice and policy recommendations.
The Institutional Investors Group on Climate Change (IIGCC) is the European membership body for investor collaboration on climate change and the voice of investors taking action for a prosperous, low carbon future. IIGCC has more than 270 members, mainly pension funds and asset managers, across 16 countries, with over €35 trillion in assets under management.
Established in 2007 and headquartered in London, UK, Climate Action establishes and builds partnerships between business, government and public bodies to accelerate international sustainable development and advance the ‘green economy’.
Learn more at Climate Action