Mauritius Commercial Bank gains new licence with Dubai FSA

Mark Battersby
clock • 2 min read

The Mauritius Commercial Bank (MCB) has been licensed by the Dubai Financial Services Authority to provide Advising and Arranging services. Sebastian Graewert has been appointed as the Senior Executive Officer of MCB DIFC Branch, MCB's first branch in the Middle East region. The Mauritius Commercial Bank had previously established a Representative Office in the DIFC in July 2019 Although geographically distant, Mauritius and UAE have quite many common points and goals, it said in a statement on 13 December. On top of being in the same time zone, both IFCs have Africa as their fo...

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