MCB Group has reported an 11.3 percent increase in profit attributable to shareholders for the financial year ended June 30, 2026, as the Mauritius-based financial institution deepens its operations across Africa.
The Group recorded Rs 20.1 billion in profit, while operating income rose by 11.6 percent to Rs 47.1 billion, supported by strong performance in its Home Markets and its Corporate and Investment Banking and Private Banking segment.
The results also underline MCB’s growing reliance on international business, with 64 percent of Group profits generated from foreign-sourced income and overseas subsidiaries during the 2025/26 financial year.
The institution said the figures reflect the increasing scale and diversification of its earnings base.
MCB also maintained a strong financial position, ending the year with a capital adequacy ratio of 20.3 percent and a Tier 1 ratio of 18.1 percent, both above regulatory requirements.
Asset quality improved during the period, with a lower non-performing loan ratio and reduced cost of risk.
The Group has declared a final dividend of Rs 16.50 per share, following an interim dividend of Rs 11 per share paid in July 2026.
Beyond its financial results, MCB is expanding its role in financing trade and investment across the continent.
The Group is building an international platform from Mauritius focused on Corporate and Investment Banking, Trade Finance, Private Banking, financial markets and financial institutions.
Trade Finance remains central to that strategy. During the year, MCB announced a USD 1 billion financing envelope to support intra-African trade and regional integration over the next four years, excluding commodity trade finance activities.
The Group also entered into a Confirming Bank agreement with the African Development Bank under its Trade Finance Transaction Guarantee Programme, strengthening its efforts to address financing gaps affecting businesses operating across African markets.
MCB has further expanded its focus on energy, infrastructure and strategic commodities.
During the financial year, it raised a USD 100 million climate finance facility from Proparco, DEG and FMO.
The financing complements a Rs 25 billion sustainable finance credit line supporting climate, energy-transition and infrastructure projects.
MCB Group Chief Executive Jean Michel Ng Tseung said the performance demonstrated the strength of the institution’s domestic base and its expanding international presence.
“Our performance this year reflects the strength of a model built on deep roots in Mauritius and a fast-growing international presence,” he said.
Ng Tseung said MCB’s role was becoming increasingly important as African businesses expanded beyond their domestic markets and required more sophisticated financing, risk-management and capital solutions.
“Our role is to support them in financing trade, structuring their transactions, managing risk and accessing the capital and partnerships they need,” he added.
Under its Vision 2030 strategy, MCB plans to expand its commercial hubs, deepen relationships with financial institutions and strengthen its Corporate and Investment Banking and Trade Finance businesses, with greater emphasis on intra-African trade and regional value chains.
