Mauritius' MCB denies planning secondary listing

ANTANANARIVO, Oct 12 (Reuters) - Mauritius Commercial Bank MCBL.MZ) (MCB), the largest bank by assets in East Africa and the Indian Ocean region, has denied that it is considering a secondary listing on the Johannesburg Stock Exchange <JSEJ.J.

"The Mauritius Commercial Bank would like to inform its shareholders and the investing public that it is not planning any dual listing on the Johannesburg Stock Exchange," the bank's board said in a statement.

Chief executive of banking, Antony Withers, had told Reuters on Thursday that South Africa-based funds were showing increased interest in MCB's shares and that the bank was studying the JSE's rules on secondary listings. [ID:nL8661796]

MCB is the most traded equity on the Mauritius SEMDEX index .MDEX and accounts for 23 percent of total market capitalisation. (Reporting by Richard Lough; editing by Lin Noueihed)