Financials & Annual Reports

“The Group recorded a strong performance, with profit attributable to ordinary shareholders increasing by 28.8% to Rs 10.0 billion, corresponding to a return on equity of 18.4%. In line with the strengthening of both our domestic and international franchises, the Group’s balance sheet exceeded the one-trillion rupee mark in December 2024. Our risk profile remains strong and this contributed to the affirmation of MCB Ltd’s investment grade credit rating although the rating outlook has changed to negative in line with rating action at country level. Asset quality metrics improved and the Group continues to maintain solid capital and liquidity buffers, which provide us with ample headroom to continue growing our business.”

Jean Michel Ng Tseung, Group Chief Executive