Mangaluru: M.C.C. Bank Ltd is one of the oldest banks established in the year 1912 celebrating post-centenary decennial celebrations this year. The credit goes to the visionary founders, shareholders, former chairmen, directors, and dedicated staff.
The esteemed members of the bank elected the present board led by Anil Lobo with a full majority in the year 2018. First time in the 110 years of the history of the Bank the board led by Anil Lobo succeeded in recording a net profit of 8.27 crores in spite of the pandemic. Moreover this financial year the turnover of the bank increased to 861 crores which were just 510 crores in the year 2018. The NPA which was 7.17% in the year 2018 when the present board took over has reduced to just 1.60%. This is an indication of the bank’s stability and growth.
To make steady progress we need guidance and feedback from our valued customers. Customers are the backbone of the banking industry. Most of our branches are now upgraded and shifted to spacious premises with ample parking for the convenience of our esteemed customers. Members of the staff were trained by experts in banking and public relations. Due to the pandemic, we were not able to organize customer meets in the past two years. This year being the post-centenary decennial year, the first customer meet of the year is organized in the founder’s branch on Sunday 28 August 2022.
Customer feedback is important for the growth of the bank and attending to customers’ grievances is our duty. Directors in charge of the branch, officers of GM, and DGM rank will be present at the meeting. The Chairman and Directors will also attend the meetings.