Tag: Mcb

MCB Bank Ltd. releases Q1 2016 financial results

The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 19, 2016 to review the performance...

MCB exploring merger with NIB

NIB’s assets amount to roughly Rs 25b in light of current share value of Rs 2.50 per share; however its book value is Rs 1.70 per share

Revival of probe into MCB’s privatisation irks Mansha: report

Prominent industrialist and entrepreneur Mian Muhammad Mansha has warned that revival of probe into Muslim Commercial Bank Ltd’s (MCB) privatisation after almost a quarter...

PACRA maintains entity ratings of MCB Bank Ltd

The Pakistan Credit Rating Agency (PACRA) has maintained the long term and short term entity ratings of MCB Bank Limited (MCB) at "AAA" (Triple...

MCB Bank posts remarkable results

The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on February 12, 2015 to review the performance...

MCB increases employees’ salaries

MCB Bank Limited, one of the country’s largest banks has raised the salaries for its permanent clerical and security staff along with increase in...

Inauguration of MCB’s exclusive POS terminal at LUMS

MCB Bank, in collaboration with Lahore University of Management Sciences (LUMS), is striving towards making LUMS Pakistan’s first cashless education campus via its MCB...

MCB signs MoU with ACCA for newly-launched MCB Lite

MCB Bank Limited & ACCA Pakistan signed an MoU at MCB Head Office. As part of the agreement MCB Bank shall provide all ACCA...

MCB Lite receives the Most Innovative Product Award

MCB Lite (pass-it-on); a digitally powered mobile wallet by MCB Bank has received  ‘The Most Innovative Product Award’ at the 12th International e-Banking Conference...

MCB PMI for March 2014 at 65.13 continues to show positive...

Economic activity in the manufacturing sector expanded in March 2014 but at a slower pace than January 2014, say the company executives in the...

MCB upgrades its core technology platform

MCB switched over to the upgraded version of its core banking system within the planned timeframe, with a view to providing improved and better...

MCB to take 55 pct stake in Burj Bank

KARACHI- The Muslim Commercial Bank (MCB) will be taking a 55 percent stake in Islamic lender Burj Bank, alongside an additional investment by...

MCB–backed Lalpir Power’s IPO oversubscribed

The Initial Public Offering (IPO) of Lalpir Power Limited has been oversubscribed by six times as the offer drew substantial interest from investors and...

MCB earns profit in first quarter of 2013

The Muslim Commercial Bank (MCB) announced unconsolidated profit of Rs5.8bn (EPS Rs5.7) up 35 per cent in first quarter of current fiscal year after...

Mansha considering buying Neelum-Jhelum hydel project

Leading Pakistani industrialist and entrepreneur Mian Muhammad Mansha said he is considering buying the Neelum-Jhelum Project which is estimated to produce electricity that would...

Pacra upgrades MCB’s long term credit rating

The Pakistan Credit Rating Agency (PACRA) has upgraded the MCB Bank’s long term credit rating from AA+ to AAA, said a statement issued Wednesday....

MCB, Engro propel KSE 0.51 pct higher

Hectic buying activities in MCB Bank and Engro Corporation helped equities at Pakistan's Karachi Stock Exchange (KSE) to gain almost 100 points on Thursday...