Media Release
Mangaluru, May 23: A distinguished delegation from Dashen Bank SC, a leading private bank in Ethiopia in East Africa visited the head office of MCC Bank Ltd on May 22 as part of an official institutional interaction and knowledge-sharing initiative. The visit was organized with the objective of fostering professional relationships, understanding the cooperative banking framework in India, exchanging banking expertise, and exploring developments in digital banking, operational efficiency, and technological modernization.
The 13 senior management directors of the Dashen Bank SC were present. Dashen Bank operates through a network of more than 900 plus branches, nine dedicated forex bureaus, 1100 plus ATMs and 2,000 plus Point-of-Sale (POS) terminals spread across the length and breadth of the nation.
The programme commenced with a formal welcome ceremony coordinated by the master of ceremonies, Alwyn D’Souza, head of IT department of MCC Bank. In his opening remarks, he extended a warm and cordial welcome to the esteemed delegation from Dashen Bank SC on behalf of the board of directors, management, staff, and the entire MCC Bank family. He stated that the visit represented not merely an official engagement but also a meaningful opportunity to strengthen institutional cooperation and mutual understanding between the two banking institutions.
The visiting delegates were accorded a welcome in the presence of the directors, senior management officials, and staff members of MCC Bank Ltd. The dignitaries and officials present on the occasion included Irene Rebello, director; Herold J Monteiro, director; Clement Gratian Pinto, professional director; Sushanth Saldhana, professional director; Sunil Ivan Menezes, general manager; and Raj F Menezes, deputy general manager.
Chairman of MCC Bank Ltd, Sahakara Ratna Anil Lobos dynamic leadership and transformative vision were acknowledged throughout the proceedings. The gathering recognized his significant contribution toward the modernization, expansion, and sustained growth of MCC Bank Ltd. Special mention was made of his efforts in strengthening the Bank’s operational efficiency, technological integration, branch expansion, and customer-focused banking initiatives, which have positioned MCC Bank among the prominent urban cooperative banks in Karnataka.
During the introductory session, the delegates from Dashen Bank SC introduced themselves and shared brief insights into their respective professional responsibilities and areas of expertise. The session created a cordial and interactive atmosphere that encouraged open dialogue and professional exchange between the representatives of both institutions.
Professional director Clement Gratian Pinto addressed the gathering and provided an insightful overview of the historical and socio-economic significance of Mangaluru as a prominent banking and educational hub of coastal Karnataka. He elaborated on the region’s strong cooperative culture and entrepreneurial spirit, which have contributed significantly to the development of cooperative banking institutions in the region.
Clement Gratian Pinto further highlighted the history and development of MCC Bank Ltd, emphasizing the bank’s commitment to ethical banking practices, financial discipline, community service, and customer-centric operations. He explained how the bank has consistently adapted to changing banking environments while preserving its core cooperative values and institutional integrity.
The presentation also detailed the transformational phase of MCC Bank Ltd after 2018 under the visionary leadership of Anil Lobo. Key growth indicators and achievements of the bank were shared with the delegation, including substantial increases in business turnover, deposits, advances, branch network expansion, and technological advancements.
Particular emphasis was laid on the bank’s modernization initiatives, including the implementation of Core Banking Solutions (CBS), the introduction of digital banking platforms, mobile banking services, ATM and online banking infrastructure, customer-oriented digital services, and enhanced internal operational systems.
An elaborate and interactive discussion session followed the presentation. The representatives of both banks engaged in meaningful deliberations on various contemporary banking topics and operational practices.
Following the interaction session, a documentary presentation showcasing the 114-year legacy of MCC Bank Ltd was screened for the visiting delegation. The documentary highlighted the bank’s historical milestones, institutional achievements, modernization journey, community outreach initiatives, technological advancements, and future growth vision. The presentation offered the delegates a comprehensive understanding of the bank’s heritage, resilience, and long-term strategic direction.
The programme concluded with a formal vote of thanks, wherein appreciation was expressed to the visiting delegation, directors, management officials, staff members, and all participants for their valuable presence and contribution to the success of the meeting.
The interaction concluded on a highly positive and cordial note, with both institutions expressing mutual interest in continued professional engagement, knowledge exchange, and strengthening of institutional relationships in the future. The visit was regarded as a significant step toward enhancing international cooperation and professional collaboration in the banking sector.