MCB Annual report 2013

The Mauritius Commercial Bank (MCB) is the leading banking and financial services provider in the Indian Ocean and East Africa.

The Directors of the Mauritius Commercial Bank Ltd. (MCB) are pleased to submit to the shareholders the Annual Report of the Group and of the Bank for the year ended 30 June 2013.

The 175th anniversary of MCB provides an opportunity to reflect on its rich history that has nurtured arguably the strongest brand in the country, with increased prominence beyond. Throughout its existence, MCB has remained true to its philosophy of enabling progress for its stakeholders through effective partnerships while actively contributing to the socio-economic development of Mauritius and countries in which it operates. Building its business model on an innovative culture, high service quality and a diligent diversification strategy, MCB has continuously adapted its offerings to an increasingly sophisticated clientele, individuals and corporates alike, alongside providing adequate returns to its shareholders. Indeed, aided by a dedicated and competent workforce, MCB has successfully embraced change in a fast-evolving environment, thus allowing it to duly tap into emergent opportunities and effectively ride the waves in challenging times as evidenced by its performance in the current difficult context.