MCB is a subsidiary of the Mauritius Commercial Bank Limited. MCB Maldives started its operations on 4th May 2008 and provides a wide range of services with a focus on superior quality and service. The bank forms an integral part of the MCB Group strategy to promote cross border regional trade and investment with a view to enhancing regional economic development in today's challenging globalisation context.
The Maldivian economy continues its expansion through significant signals of opening towards foreign direct investment, MCB Maldives believes it has a major role to play, especially in the hospitality industry. MCB Maldives aims also at being the preferred banking and financial partner of corporate customers, whether they are start-ups or well-established groups.
At the end of 2021, the bank’s assets reached over MVR4.22 billion from MVR 2.91 billion in 2020.