MCB group – financing the growth of African economies

The MCB (MCB) group reported solid H1 results, with 25.7% EPS Yoy growth and an annual capital profitability of 18.4% (H124: 16.6%), continuing the strong increase in two -digit income, while maintaining a solid capital structure. Its assets crossed the Mur1tn brand (17 billion pounds), strengthening its position as one of the largest banks in Africa. Mauritius Commercial Bank LTD constitutes over 90% of MCB assets, determining its results with the continuous expansion of loan books (with 16.4% in H125), both internally and abroad, associated with a prudent cost control (the cost -income ratio was 32.3%, with 3.1 PP Yoy). MCB distributes dividends to shareholders (which shareholders can choose to receive as a dividend for the script), the last payments involving a yield of 4.9%.Den Vollständigen Artikel Lesen …