The Mauritius Post and Cooperative Bank Ltd (MPCB) was set up in August 2003 and is growing at a significant pace to play a pivotal role in the financial sector in the region. The Bank remains committed to a healthy growth strategy by offering a wide range of financial services including retail and corporate banking.

The Shareholders of the Bank are

At 31 December 2007, the above shareholders held more than 5% of the share capital of the Bank.

The Bank's delivery channels include 12 branches and 15 ATMs, including 3 offsite ATMs in strategic locations. Expansion of branch and ATM networks will be ongoing and will be done in a phased manner in the years to come. Banking services are also offered in the 100 Post Offices across the island and in Agalega.

New products have been introduced and existing products re-branded to better serve the retail and corporate segments. MPCB has transformed itself into “The People's Bank”.

The Bank's structures are sprout from a solid operating model based on good corporate governance practices, in alignment with the Central Bank’s rules and regulations, International Accounting Standards and adherence to the Banking Act 2004. MPCB fully complies with Anti Money Laundering Act 2002 and is working towards compliance to the Basle II international standards on risk management practices and risk adjusted capital requirement norms.

MPCB aims to make an ample contribution to support economic growth in Mauritius through the diversified and customised products and services offered.

Retail Banking

MPCB Product Portfolio has been consolidated and now includes a full range of services to satisfy the evolving customer needs namely:

MPCB Easy, MPCB Drive, MPCB Home, MPCB Study Access, MPCB Smart
MPCB Winsurance, MPCB Kwik-Cash, MPCB Fun-d-Fone, MPCB-EBanking, MPCB SMS-Banking, MPCB Cash4U

Corporate Banking

MPCB has built up, and maintains, corporate relationships through commitment, reliability and trust. MPCB Businessfly provides customer oriented business solutions and includes lending products, trade finance, import and export finance, treasury, foreign exchange services and foreign currency accounts.

Dedicated account relationship managers provide tailor-made business solutions to satisfy the customer's requirements and remain committed to deliver the best services, providing the support and advice at the right time for corporate customers to achieve their objectives.

MPCB has a vision which is defined in its strategic five year plan and its business plan. The key imperatives that drive MPCB’s business strategy are profitability, customer loyalty, market share, overall process efficiency, risk management and building a flexible, committed and responsive organization.

MPCB's future orientation remains an ongoing and a continuous commitment to the highest level of integrity, transparency, accountability, professionalism and compliance with good Corporate Governance.

MPCB believes in putting customers first.

Knowing where we are going speeds up the journey.

Knowing our customers better makes the journey a pleasant and mutually rewarding one.