MauBank: Operating Profit Rises to Rs 1.36 Billion

MauBank has released its financial results for the year ending June 30, 2025, reporting a profit before provisions and taxes of Rs 1.36 billion, marking a 26% increase compared to 2024. This growth is driven by a 25% rise in operating income, which reached Rs 2.67 billion, fueled by increased interest income (+33%) and robust activity in commissions and currency exchange.

Despite this performance, the net profit stands at Rs 828 million after provisions of Rs 447 million, a measure deemed prudent by management.

CEO Vishuene Vydelingum stated, "We have deliberately strengthened our resilience by prioritizing sustainable growth over short-term gains."

Deposits increased by 21% to Rs 50.8 billion, and loans by 23% to Rs 31.1 billion, primarily due to corporate financing. Total assets grew by 19%.

With a capital ratio of 16.5%, exceeding the regulatory minimum, the bank demonstrates financial strength but will need to confirm its ability to maintain this momentum in a challenging economic environment.