The Mauritius Commercial Bank (MCB) is hosting 50 top executives representing 37 African banks at the week-long 2015 Africa Forward Together conference which opened on Sunday November 15 at the five-star Long Beach Resort.
Africa Forward Together is an annual event organised by MCB since 2009 to showcase its ‘Bank of Banks’ initiative, which aims at positioning MCB as a regional platform offering bundled banking and financial industry capabilities to its counterparts.
According to a release sanctioned by MCB and distributed by the Africa Press Organisation (APO), bankers attending the Africa Forward Together event get first-hand knowledge of MCB’s human expertise and technological capabilities while exploring collaboration possibilities that could allow them to boost their services through outsourcing in Mauritius.
‘Over the last few years, an increasing number of African banks have teamed up with MCB to serve their customers better and more efficiently. Some have managed to offer new services to their customers in record times without investing heavily in technology or human resources. Others have discovered opportunities to expand their businesses through intelligent collaboration with one of Africa’s leading banks,’ the release states in part.
“This is where MCB fits in. We have been there before as we have gradually worked our way up. We have the experience; the expertise and the technology to assist these banks move forward and climb the next steps. And our pricing is extremely competitive so it makes the value proposition even more exciting,” says Raoul Gufflet, Deputy Chief Executive of MCB.
Established in 1838, MCB is reportedly the largest bank in East Africa and the 18th biggest on the continent, with a presence in Mauritius, South Africa, Kenya, Seychelles, Madagascar, Maldives, Mozambique, Réunion, Mayotte and France.