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MauBank clocks in Rs 1.36Bn operating profit with solid growth and strong capital position

Ebène, Mauritius. 08 October 2025: MauBank is pleased to announce its financial results for the year ended 30 June 2025, reporting a Profit Before Impairment and Income Tax of Rs 1.36 billion, constituting 26 percent increase from Rs 1.07 billion in 2024. Operating income rose by 25 percent to Rs 2.67 billion, reflecting broad-based growth across both interest and non-interest income.

On the other hand, Net Interest Income grew by 33 percent to hit Rs 1.84 billion, on the back of higher lending and deposit volumes, as well as improved yields. Interest income increased by 34 percent to Rs 3.01 billion, while non-interest income reached Rs 909 million, supported by fees, commissions, and robust foreign exchange activity.

Commenting on the results, the CEO of MauBank, Vishuene Vydelingum stated: “Our performance this year reflects not just profitability but quality growth. Delivering Rs 1.36 billion Profit Before Impairment and Tax underlines the strength of our core business model. Growth in deposits and loans illustrates the confidence of our customers, while our strengthened equity base of Rs 5.2 billion provides us with the means to sustain innovation and inclusive solutions. MauBank remains firmly anchored as a partner in progress for our customers, colleagues, and the wider economy.”

CEO of MauBank, Vishuene Vydelingum .

He added: “Our profitability has been underpinned by strong loan and deposit mobilisation, constituting 25 percent expansion in Operating Income, and disciplined cost management. These results show that we are capturing growth opportunities while strengthening resilience against future shocks. We have moved away from short-term revenue generation and focused on sustainable growth to build a resilient balance sheet and income statement. As we continue to build on this trajectory, our priority is to leverage our stronger equity base of Rs 5.2 billion to accelerate inclusive growth, expand digital banking solutions, and support the transition to sustainable finance. This is how MauBank will deliver long-term value for its customers, colleagues, shareholders, and the domestic economy.”

MauBank Ltd reported solid growth across both deposits and lending, with total deposits accounting for Rs 50.8 billion, up 21 percent from last year, reflecting continued confidence from retail, corporate, global business, and institutional clients. This solid funding base supported the expansion of the lending portfolio to Rs 31.1 billion, representing 23 percent increase, driven mainly by project and business financing. This balance between deposits and lending highlights a growth model that channels customer funds into productive sectors of the economy.

The bank’s Total Asset base expanded by 19 percent as at 30 June 2025, attributed to the bank’s lending portfolio across segments and sectors, as well as investment in securities. The combined expansion in assets and deposits underscores the trust placed in the Bank’s stability by its customers, while the increase in loans highlights its role in financing businesses and households. While Profit After Tax and Impairment stood at Rs 828 million for the year ended 30 June 2025.

“The Bank has successfully originated highly profitable transactions through a dual strategy of market penetration and wallet penetration. This has led to moving away from transactions of “one-off” nature to more sustainable revenue generation, and sound and quality balance sheet growth.”, explains Vishuene Vydelingum.

The Acting Chairperson of MauBank Ltd, Ramanaidoo Sokappadu noted: “The Board is encouraged by the Bank’s consistent trajectory of growth and profitability. These results reflect disciplined execution and the trust of customers. Together with Management and staff, we remain committed to reinforcing MauBank’s position as a leading local bank and an active contributor to the sustainable development of Mauritius.”

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