MAURITIUS
MAURITIUS COMMERCIAL BANK
We are a benchmark both regionally and internationally
What makes your service stand out ?
To begin with , M distinguishes itself because of the quality of the relationship between the bank and its clients . MCB ’ s private bankers leverage the Group ' s skills and expertise in their clients ’ interests , and listen closely to the client ’ s needs at every stage of the wealth management process .
What ’ s more , MCB Private Banking & Wealth Management consists of 130 people who are familiar with the economic , banking and financial ecosystem as a whole . Consequently , they are able to create synergies with the Group ' s other entities and services , including fund management , stock market brokerage , economic research , corporate finance , etc .
Finally , we are a benchmark both regionally and internationally . Our value proposition enables us to expand continuously , whilst building on our international presence through our subsidiaries and representative offices in Africa ( RSA , Kenya ), Dubai and Paris .
What trends are currently emerging in private banking ?
There are several . First , at an operational level , technology is increasingly being used to improve the client experience . This allows us to cater to a younger and increasingly active client base , and to provide client managers with better tools to serve their clients , wherever they are .
Alongside this , regulations introduced in the past few years allow to operate in a healthier and more structured environment . These protocols are often perceived as restrictive , but they protect us while safeguarding our clients ' interests . Abiding strictly to these rules of ethics and transparency has become part of our business case .
Finally , while ESG investing is not a new concept , it is nonetheless important that we move towards sustainable business practices . Taking ESG criteria into account when making investment decisions can safeguard a portfolio against changing economic circumstances . We are deeply committed to this issue in line with MCB Group ' s sustainability strategy ‘ Success Beyond Numbers ’. Our mission is to work towards more responsible investment in consultation with our clients . We seek to offer them a comprehensive view of the major issues of our time , in order to improve their awareness of these concerns and gradually move towards neutral or positive impact investments .
Given the current context , what are you communicating to your clients ?
We constantly monitor the latest economic developments and remain in regular contact with our clients to update them about the outlook . We emphasise the long-term nature of investments , the inherent volatility of the stock market and how we manage the risks associated with these issues . We also draw their attention to the many longer-term opportunities that arise during times of uncertainty .
What benefits does M offer ?
M provides a complete range of personalised products and services whose sophistication is to reflect each client ’ s needs . Depending on how much they would like to invest , M clients benefit from services including financial planning , stock exchange order execution , discretionary and non-discretionary portfolio management , assistance with selecting funds , and access to certain private equity investments . These flexible , open-architecture services allow our clients to enjoy complete freedom when it comes to their investment decisions .
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