Best bank: Mauritius Commercial Bank
Mauritius Commercial Bank (MCB) had another good year in 2023 and is again the best bank in the country for the review period.
The numbers speak for themselves. Profit before tax was up 51% to MauR15.9 billion ($340 million) from MauR10.5 billion in 2022.
Total assets grew 15% from MauR665 billion at the end of 2022, to MauR762 billion at the end of 2023.
Net interest income (which was up by 26%) fuelled the 24% rise in operating income, along with a 21% increase in non-interest income.
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