Finance
Quelles autres prestations propose « MCB
Private Banking » ?
MCB Private Banking s’adapte au style
de vie exclusif de sa clientèle. Les événements
auxquels nos clients sont conviés, sont
organisés avec soin. Concerts, pièces de théâtre,
festivals ponctuent leur calendrier.
Le MCB Wine & Business Club, lancé en
2010, leur donne l’occasion de déguster des
vins prestigieux tout en discutant avec les
propriétaires des plus grands châteaux de
Bordeaux ou de Bourgogne. Les amateurs
de golf ont l’occasion de participer à plusieurs
compétitions sponsorisées par la banque :
Monthly Medals, Ladies Golf Union et surtout
le MCB Tour Championship, événement phare
du paysage golfique mauricien.
What is the importance of “Private Banking”
for a group like MCB?
Private Banking is an essential part of MCB’s
core business. Its main mission is to serve a
select clientele managing a family or personal
capital. This demanding clientele requires
sophisticated and tailored services. It is
important to meet their expectations in their
entirety.
How long has the “Private Banking” existed
and what services are available?
True to its reputation as a pioneer, MCB was
the first local bank to set up its private banking
unit some fifteen years ago. The service has
quickly opened to new customers, whilst,
at the outset, it was exclusively dedicated to
the wealthy clients of the bank. The size of
the MCB Group and its strong positioning
in all banking and financial operations, give
customers complete assurance regarding risk
management.
The services we provide can be broken
down into three main areas, different but
complementary: transactional banking,
wealth management and financial planning,
and finally, investment services and portfolio
management.
What is the added value of private banking
compared to other, more traditional,
services?
What’s unique about private banking, is the
quality of service. The customer benefits from
a personal relationship with his private banker.
This gives him privileged access to all products
and services of MCB, such as sophisticated
banking products, real estate investments
and stock exchange, plus favourable financial
LUXURY MAURITIUS
conditions. But beyond that, our role is to
support the client in his personal long-term
projects. That’s why we provide management
advice on all his assets.
The private banker is not the only essential
element. At all levels, bank employees make
a commitment to facilitate bank transactions
and accelerate their execution. They take care
of the clients’ instructions and make them
benefit from one of the exclusive advantages
of Private Banking: priority service on
transactions. Finally, regarding savings or
credit facilities, flexibility is the key word.
MCB Private Banking completely suits the
profile of each customer.
Investment services are crucial for wealthy
clients. How does “MCB Private Banking”
meet their needs?
We have created a dedicated management
unit within MCB Private Banking, whose
objective is to manage client portfolios and
support them in their investment decisions.
This allows us to have a holistic view of their
overall wealth and offer products tailored to
their needs.
We provide two main services: Discretionary
Management for customers who want to
delegate the management of their assets
to a team of experienced managers and
Recommended Management for those who
wish to have direct access to our market
specialists, while keeping the control of the
investment decisions.
The synergy private banker-heritage engineerportfolio manager works perfectly. I shall say
that the very definition of Private Banking,
is the famous “triumvirate”. Moreover, many
major international private banks operate the
same way.
What other benefits does “MCB Private
Banking” offer?
MCB Private Banking adap ts itself to the
distinctive lifestyle of its customers. The
events to which our clients are invited, are
carefully organised. Concerts, plays and
festivals punctuate their calendar.
MCB Wine & Business Club, launched in
2010, gives them the opportunity to taste fine
wines while chatting with the owners of the
largest châteaux in Bordeaux or Burgundy.
Golf enthusiasts have the opportunity to
participate in several competitions sponsored
by the bank: Monthly Medals, Ladies
Golf Union and especially the MCB Tour
Championship, the flagship event of the
Mauritian golfing landscape.
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