Individuals & Family offices
Through our spectrum of services (ranging from wealth management solutions to specialised financing and day-to-day banking products and services) together with a dedicated team of Private Bankers, we can help you make informed decisions to maximise the returns on your investments and build your sustainable future.
What you do today defines your tomorrow. Embark on a Select experience with tailored investment and financial solutions for every step of your life. Discover a world of unique privileges crafted with your lifestyle and aspirations in mind. With wealth management, dedicated lounges, personalised banking and exclusive lifestyle offers, Select has all that your life calls for.
External Asset Managers & Financial Intermediaries
Whether you are an Asset Manager, multi-family office or an independent financial advisor based locally or internationally, a committed team of Relationship Managers will assist you to better address your clients’ needs and help you reach new heights.
DISCOVERWe believe that every heritage has untold possibilities.
Wherever you are in Mauritius or half way across the world, we are here to enable your growth while fostering our shared values.
Our Track Record
MCB and MCB Private Wealth Management have over the years been honoured for the successful positioning of Mauritius as a key financial player on the world scene.
Our various accolades and awards reflect our commitment towards excellence and innovation.
Rated
Baa3/P-3 (Stable)
Rated Baa3/P-3 (Stable) by Moody’s - One of the few financial institutions rated as such in sub-Saharan Africa
Risk Adjusted ratio (BIS)
20.5%
(o/w Tier 1: 17.9%)
1st in East Africa in terms of Tier 1 Capital
Market Capitalisation
USD 2.1 Bn
Market share of 35% of SEMDEX
Group Profit From Foreign Activities
82%
Profitability increase emanating from our diversification strategy
Local Market Share (MUR deposits)
49%
No.1 Bank in Mauritius
Return On Average Equity
16.7%
Mauritian banking sector 14.0%
Smart Approve on IB Pro: when security meets efficacy
MCB IB Pro is the online banking platform tailored for organisations and professionals. Thanks to Smart Approve, its mobile second-factor authentication application, transactions have never been so secure and accessible. Here are the 5 highlights of this app that will change your online banking experience:
User-friendliness is mandatory
Developed to suit both the simplest and the most complex accounting processes, IB Pro allows Basic users to initiate transactions, while only registered Signatories can authorise a transaction on Smart Approve.
The registration process was designed with security in mind
The organisation’s signatories download the Smart Approve application and enter their IB Pro credentials, while selecting an authentication method: the MPIN or Biometric data. To confirm their registration, Signatories receive a One-time Password on the phone number registered with MCB that acknowledges the identity of the signatory.
Swift transactions that are also remote-work-ready
With such a solid and secure structure, payment orders are easily shared between Basic Users and Signatories. Smart Approve’s “Approval” tab allows for seamless tracking of requests, as all initiated transactions are queued, and ready to be approved or rejected by the Signatory (or Signatories).
Bulk approvals make the Signatories’ job even easier
Tick the boxes of all transactions requiring your approval and authorise them in a single go with your MPin. This may save Signatories some precious time in busy periods.
Complete logs for utmost traceability
Transparency is Smart Approve’s top feature. Detailed logs provide total visibility on who approved a transaction, and at what time; whilst also recording rejected transactions with a justification.
Tap into the tremendous opportunities Smart Approve offers and make the most of your online banking platform.
Contact
We would be delighted to meet you and offer our advice so you can take your ambitions to new heights.