26 MAR 2024

Euromoney Private Banking Awards: MCB at the double !


MCB has won Best Digital Solutions and Best Discretionary Portfolio Management awards for Mauritius from Euromoney as part of its Private Banking Awards 2024. The announcement was made last week.

 Per Euromoney’s comments, the Bank was awarded Best Digital Solutions “in recognition of the strength of its offering in Mauritius”. The prestigious economic publication pointed out that the Bank’s suite of digital offerings (which includes the Internet Banking platform and Juice app) provides domestic and international clients “a powerful way to manage their wealth.”

 Euromoney also pointed out that MCB continues to invest in the development of the Juice app with, for instance, the introduction of new portfolio management features, which allow clients to view their investment holdings and asset-allocation breakdown.

 As for the award for Best Discretionary Portfolio Management, Euromoney recalls that the Bank manages assets under custody and investment mandates of around $ 2,5 billion for 18600 customers, with an addition of over 1500 last year.