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Mauritius: The Mauritius Commercial Bank in 2015 will open a representative office in Kenya




The Mauritius Commercial Bank (MCB) recently received the approval of the Central Bank of Kenya to open later in 2015 a representative office which will be located in Nairobi.
 
The MCB representative office is to study the Kenyan banking market. This will be the second office to operate on the African continent after the one in Johannesburg, South Africa.
 
As a reminder the MCB after tax recorded between July 2013 and June 2014 profit to 4.3 billion rupees.*

* One euro roughly equivalent to 40 rupees



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