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Tag "mcb group"

Mauritius Commercial Bank sees group profits up 3.4% for 9 months to March 31

Mauritius’ financial services major Mauritius Commercial Bank (MCB) declared group profits before tax of Rs 3.96 billion for the nine months to March 31, 2014, growing nearly 3.4% over the year-ago period. Despite the testing economic environment and unfavorable conditions in the money market, the MCB saw its net interest income increase by 4.1% to reach Rs 5.51 billion. Furthermore, net fee and commission income saw an increase of 4.8%

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