MCB Bank of the Year 2017

The Mauritius Commercial Bank bagged for the third year and for the seventh time in nine years the Banker’s Bank of the Year Award given by the prestigious publication The Banker, a major entity of the Financial Times.

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The award was handed over to Alain Law Min, Chief Executive of the MCB Ltd, at a gala night that was held at the Hilton Bankside Hotel, London, on Wednesday 30th November. The Banker quotes Alain Law Min as follows: “The bank pursued its business growth [strategy] in spite of challenging operating conditions that prevailed on both the domestic and regional fronts. In Mauritius, sluggish investment levels and growing recourse to non-bank financing by corporates continued to impact the demand for credit.”