BANKS

A Pillar of Banking in Mauritius: MCB

From its modest beginnings in 1838, Mauritius Commercial Bank (MCB) has evolved into the island’s pre-eminent banking institution, combining deep local roots with regional ambitions.

Founding & Legacy

MCB was founded on 1 September 1838 as “La Banque Commerciale de l’Île Maurice,” and a year later received a Royal Charter from Queen Victoria under the name “The Mauritius Commercial Bank.” MCB Mauritius Its early years were challenging — navigating financial crises, world wars and competition — but by the early 20th century the bank had begun establishing branches in Curepipe (1920) and rural localities, anchoring its presence across Mauritius. MCB Mauritius+1

Today, headquartered at 9-15 Sir William Newton Street, Port Louis, MCB stands as a symbol of Mauritius’s financial evolution. 

Broad Banking Services & Digital Innovation

MCB offers a wide spectrum of services — from personal banking (savings, loans, credit cards) to corporate, SME, and institutional banking. It has taken a strong lead in digital banking, with its mobile platform “MCB Juice” (and “JuicePro” for businesses) enabling clients to manage accounts, make transfers, pay bills and top up via smartphone. 

Regional Expansion & Economic Role

Beyond domestic shores, MCB has built a regional footprint via subsidiaries and representative offices in Madagascar, Seychelles, Maldives, Mozambique, Réunion & Mayotte, Paris, Johannesburg and Dubai.

The bank has played a pivotal role in Mauritius’s economic development — from agriculture and manufacturing to tourism and ICT — helping entrepreneurs and businesses get off the ground. 

Why Choose MCB?

Reliability & heritage: As Mauritius’s oldest commercial bank and largest institution of its kind, MCB brings stability and trust.
Comprehensive coverage: With dozens of branches island-wide and extensive service channels, MCB is accessible for individuals, families and businesses alike.

Smart banking: Their mobile apps and digital services make banking convenient, especially for tech-savvy customers and SMEs.
Global / regional reach: Ideal for clients with international or regional needs, cross-border trade or African business links.

Commitment to innovation & ESG: MCB’s transformation programme emphasises digital, sustainability and people-focus.

Planning Your Banking With MCB

• Main branch & contact: Head Office, 9-15 Sir William Newton Street, Port Louis, Mauritius. Phone: +230 202 5000. Email: mcb@mcb.co.mu.

• Opening hours: Standard branch hours are typically Monday to Friday (09:00–15:30); some branches may open Saturday mornings — always check the specific branch.

• Getting started: For personal banking, walk into a branch with your ID, proof of address, and initial deposit; digital account opening may be available depending on the relationship.

• Mobile banking: Download the “MCB Juice” app (iOS / Android) for everyday banking or “JuicePro” for business accounts.

• International / business support: For trade finance, deposits in foreign currency, cross-border payments and investment services, contact MCB’s Corporate Banking team for tailored solutions.

• Key things to bring: Valid ID, proof of residence (utility bill or bank statement), initial deposit (as specified by branch), and income/financial details if applying for credit.

• Customer support: Hotline 202 60 60 (from Mauritius) or via the website’s “Contact us” section.

Getting the Most Out of MCB

• Explore which account type fits your needs: Basic current / savings, premium individual banking, SME, or corporate.

• Use digital banking fully — set up notifications, use card controls, pay bills automatically.

• Ask about special offers: e.g., preferential rates for loans or credit cards for long-term customers.

• Understand fees and charges — especially if you operate in foreign currency, trade internationally, or hold deposits abroad.

• Maintain good banking hygiene: monitor your account, enable 2-factor login, avoid phishing.

Final Thoughts

MCB is more than a bank — it is an institution woven into Mauritius’s financial fabric. Whether you’re opening a first bank account, expanding a cross-border business or managing wealth, the combination of heritage, service range and digital convenience positions MCB as a go-to choice on the island. For visitors, expatriates or Mauritius-based businesses, the reliability and breadth of services make it a strong contender.

Start your banking journey with MCB, and you’ll be tapping into nearly two centuries of banking expertise, now prepared for the digital age and international economy alike.