Case Study Of MCB

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Task 1:
Introduction of MCB:
MCB is the most reputed banking institution in Mauritius while providing an augmented prominent foothold in the surrounding. Supported and bearing of sound business model modern and adapted channel capabilities and very good customer care the bank has been a model in the history of its leading principles in the advancing of individual. Supported and bearing of sound business model modern and adapted channel capabilities and very good customer care the bank has been a model in the history of its leading principles in the advancing of individual. It cooperates a lot to the economy of the country and now that bank is being diversified worldwide.

INDEPENDENT AUDITORS' REPORT
TO THE SHAREHOLDERS OF MCB GROUP LIMITED
This particular report is made only for …show more content…

This was categorized by:
i) an increase of 84% in cash and cash equivalents, including placements, mainly through balances with banks abroad ii) a rise of 25% in investment in treasury bill and government securities. iii) An increase of 12% in mandatory balances at the Central Bank.

Overall, the share of liquid assets, including placements, in total assets reached 40.7% as at June 2016 with the corresponding ratio as a percentage of deposits standing at 48.0%.

Capital resources As at 30 June 2016 the shareholders’ funds increased by 8.8% to reach RS 33 billion and there is an increase in equity which lead a growth of 9.3% in retained earnings after accounting for a cash dividend payment of Rs 2.1 billion. On the whole, testifying to its ability to withstand potential shocks and foster further business growth, the Bank maintained comfortable capitalisation levels. Indeed, overall capital adequacy ratio increased from 15.1% to 16.3%, with the Tier 1 ratio standing at 14.9% as at June

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