The Mauritius Commercial Bank Ltd (MCB)
Source: The Mauritius Commercial Bank Ltd (MCB) |

The Mauritius Commercial Bank Ltd (MCB) Syndicated Term Loan

USD 800,000,000 or more Dual Tranche Syndicated Term Loan Facility

Tuesday, 2nd April 2019, on behalf of The Mauritius Commercial Bank Ltd (the “Borrower”, or “MCB”) (www.MCB.mu), Standard Chartered Bank (“SCB”) and Sumitomo Mitsui Banking Corporation Europe Limited (“SMBCE”), together the coordinators (“Coordinators”) and active bookrunners (“Active Bookrunners”), are pleased to announce the signing and successful closing of general syndication…

The Mauritius Commercial Bank Ltd (MCB)
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    • From left to right: Seema Dhanani, Chief Representative Officer, MCB Kenya, Alain Law Min, Chief Executive Officer, MCB Ltd and Jean-François Desvaux de Marigny, Chairman, MCB Ltd.
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Source: The Mauritius Commercial Bank Ltd (MCB) |

MCB Group wants to position itself as strategic partner of Kenya businesses

The Group’s new representative office has been officially opened on 30th January

Mauritian-based MCB Group (www.MCB.mu), through its representative office situated on the 7th Floor of Pramukh Towers, Westlands, in Nairobi, aims at positioning itself as a strategic partner of businesses in Kenya and East Africa. The Group’s new representative office has been officially opened on 30th January and has given the opportunity to…

The Mauritius Commercial Bank Ltd (MCB)
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    • MCB Group strongly represented at the Africa CEO Forum
    • Rony Lam, Chief Executive Officer of MCB Capital Markets (1)
    • Rony Lam, Chief Executive Officer of MCB Capital Markets (2)
    • Alain Law Min, Chief Executive Officer, MCB Ltd.
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Source: The Mauritius Commercial Bank Ltd (MCB) |

MCB Group strongly represented at the Africa CEO Forum

This year's edition took place in Abidjan, Ivory Coast, on 27 and 28 March

For the fifth consecutive year, MCB Group (www.MCBGroup.com) was one of the main sponsors of the Africa CEO Forum, an annual event organised by Jeune Afrique that attracts over 1,000 senior African and non-African leaders who do business on the continent. This year's edition took place in Abidjan, Ivory Coast,…

Source: The Mauritius Commercial Bank Ltd (MCB) |

The African Development Bank (AfDB) appoints MCB Investment Management as Fund Manager for its first Fixed Income Exchange Traded Fund (ETF) in Africa

The ETF will be invested in both government and corporate bonds, and will initially be listed on the Stock Exchange of Mauritius

The African Development Bank (AfDB) (www.AfDB.org) has appointed MCB Investment Management (MCBIM) (www.MCBCapitalMarkets.mu), a subsidiary of MCB Capital Markets, as Fund Manager for its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa. The Board of Directors of the AfDB has also approved a seed equity capital investment of…

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    • (from left to right): Andrew Goodyear, Director, Strategy and Change, SANNE, Rony Lam, Chief Executive, MCB Capital Markets and Couldip Lala, Founding Director, IFS
    • (from left to right): Couldip Lala, Founding Director, IFS, Rony Lam, Chief Executive, MCB Capital Markets, and Andrew Goodyear, Director, Strategy and Change, SANNE
    • Tombstone SANNE
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Source: The Mauritius Commercial Bank Ltd (MCB) |

MCB Capital Markets advises SANNE on the US$127.3 million acquisition of International Financial Services and IFS Trustees

In a regulatory news announcement this morning (GMT), SANNE said that it had entered into an agreement to acquire the entire share capital of IFS

MCB Capital Markets (www.MCBcm.com), the investment banking arm of MCB Group (www.MCBgroup.com), the largest banking group in Mauritius, is acting as Transaction Advisor to SANNE Group plc (“SANNE”) (www.SANNEgroupplc.com), on the US$127.3 million acquisition of International Financial Services and IFS Trustees (IFS), a leading Mauritius-based provider of fund and corporate…

The Mauritius Commercial Bank Ltd (MCB)
Source: The Mauritius Commercial Bank Ltd (MCB) |

40 African Bankers discuss Collaboration in Mauritius

The Mauritius Commercial Bank Group hosts 40 top executives representing 40 African banks at the week-long 2016 Africa Forward Together conference

The Mauritius Commercial Bank Group (MCB) (www.MCBAFT.com) hosts 40 top executives representing 40 African banks at the week-long 2016 Africa Forward Together conference which opened this morning at the five-star Ravenala Attitude Hotel. Africa Forward Together (AFT) is an annual event organised by MCB since 2009 to showcase its “Bank…

The Mauritius Commercial Bank Ltd (MCB)
Source: The Mauritius Commercial Bank Ltd (MCB) |

MCB Equity Fund exits Speedy France

Mauritius based MCB Equity Fund has successfully exited Speedy, a leading automotive fast-fit services in France

Mauritius based MCB Equity Fund (http://www.MCB.mu) has successfully exited Speedy, a leading automotive fast-fit services in France.  Bridgestone EMEA, a subsidiary of the Tokyo-based Bridgestone Corporation, the world’s largest manufacturer of tyre and rubber products, has acquired 100% of Speedy, subject to approval by the French regulatory authorities. Bridgestone will…

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    • Diya One and inventor Ramesh Caussy
    • Inventor Ramesh Caussy and Diya One at Cop 21
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Source: The Mauritius Commercial Bank Ltd (MCB) |

MCB Equity Fund invests in Partnering Technologies

Diya One is the first neuro-inspired robot that can analyze and purify indoor air

MCB Group (http://www.MCB.mu) has invested, via MCB Equity Fund, in Partnering Technologies, a French high-tech printing and robotics business run by Ramesh Caussy, the Mauritian inventor of Diya One, the air purifying robot that has made a real impression at the COP 21 in Paris. Sales of Diya One are…

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    • Previous Africa Forward Together participants discovered new opportunities to grow their business in Mauritius
    • The bankers will have the opportunity of visiting MCB’s high tech headquarters at the heart of the Mauritian cybercity in Ebene
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Source: The Mauritius Commercial Bank Ltd (MCB) |

Africa Forward Together: 50 African bankers discuss outsourcing in Mauritius

The Mauritius Commercial Bank (MCB) hosts 50 top executives representing 37 African banks at the week-long 2015 Africa Forward Together conference

The Mauritius Commercial Bank (MCB) (www.MCBgroup.com) hosts 50 top executives representing 37 African banks at the week-long 2015 Africa Forward Together conference which opens on Sunday 15 November at the five-star Long Beach Resort. Africa Forward Together is an annual event organised by MCB since 2009 to showcase its “Bank…