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Wirecard the African Connections: Mauritius And South Africa

It is widely known that Wirecard AG is under scrutiny as a result of over R35bn missing from its accounts leading to its crash in the market. The Bank of Mauritius announced Read More →

Bank of Mauritius & Financial Services Commission Conduct Joint Investigation over Alleged Round-tripping Linked to Wirecard AG

Wirecard AG, a German digital payments company, filed for insolvency in Germany on 25 June 2020. Press reports have alleged that, a few years ago, Wirecard AG could have been Read More →

Mastercard Champions Safe and Secure Payment Transactions in Middle East & Africa with Increase to Contactless Payment Limits

This initiative comes as global and regional health officials and governments recommend social distancing and encourage the use of contactless payments over cash transactions

Mastercard announced today that it Read More →

MCB Group Profits Reach Rs 5.3 billion

MCB Group has posted profits of Rs 5.3 billion for the first semester ended December 2019. This result represents a growth of 23.2% when compared to the corresponding Read More →

Banking MCB launches Visa Signature card in Mauritius

MCB becomes the first bank in Mauritius to launch the Visa Signature card in Mauritius. This card entitles to several benefits in Mauritius and around the world
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MCB “Bank of the Year 2019” in Mauritius

MCB has won the "Bank of the Year 2019" in Mauritius title award by the prestigious publication The Banker, a subsidiary of the Financial Times Group. The trophy Read More →

MCB Group Posts Profits of Rs 2,5 billion (Sept 2019)

For the quarter ended September 2019, MCB Group has posted profits of Rs 2.5 billion, which represents an increase of 18.9% in comparison to the corresponding period last Read More →

MCB Signs the UN Principles for Responsible Banking

MCB is one of the founding signatories of the Principles for Responsible Banking, pledging to strategically align its banking activities with the Sustainable Development Goals and the Paris Read More →

MCB Launches Eco-friendly Debit Cards

To transform bank cards into vectors of change in favour of the environment. That is MCB’s chosen vision, through the implementation of its "Your card for change" program Read More →

SBM Bank Partners with UnionPay to Rollout Debit and Prepaid Cards in Kenya

SBM Bank has partnered the leading global payment network UnionPay International to roll out its UnionPay Prepaid Card. The partnership with SBM Bank enables cardholders of UnionPay prepaid card to Read More →

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