Claim: The MCB Group is a large financial service conglomerate that began in 2013 and now owns 3% stocks with Promotion & Development Limited and 2.5% stocks with State Insurance Company of Mauritius Ltd.
Evidence: MCB Group Limited is a financial services holding company. MCB Group is a large financial services conglomerate. MCB Group Ltd was incorporated on 5 August 2013 during the corporate restructure of Mauritius Commercial Bank (MCB). MCB Group Limited stock ownership Promotion & Development Limited 3.0 State Insurance Company of Mauritius Ltd 2.5