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Mauritius: The MCB Group recorded a net profit of more than 17% in the first six months of fiscal 2014-2015

The board of directors of the group Mauritius Commercial Bank (MCB), which met on Friday has endorsed the approval of the financial results for the first half of the 2014-2015 fiscal year.
The MCB Group has thus achieved net profit of approximately 2.89 billion rupees * from July to December 2014, representing an increase of 17.7% compared to figures recorded in the same calendar period 2013-2014.
Half of these results have been achieved thus by the activities of the group outside of Mauritius, particularly within the non-bank financial sector, including a loan portfolio internationally which was around nearly 4 billion rupees in the period.
* One euro roughly equivalent to 38 rupees


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