MCB Bank Limited was founded on July 9, 1947, and has been one of the best banks in Pakistan for more than 60 years. The bank has had a remarkable 50-year run of competitively edged and well-positioned heights of success thanks to quality banking, keeping up with technological changes, professional leadership in management, and careful and honest work practices. As part of the Government of Pakistan's economic reform movement in 1974, MCB and some other private banks were taken over by the government. In 1991, Nishat Group led a group that bought the banks back.
Since it became private, MCB has grown by leaps and bounds. MCB is one of the biggest foreign banks in Sri Lanka and was the first bank in Pakistan to offer Global Depository Receipts (GDR) in 2006. It has a strategic foreign partnership with Maybank of Malaysia, which owns 20% of MCB through its wholly owned subsidiary Mayban International Trust (Labuan) Berhad and has an indirect presence in Dubai (UAE), Bahrain, Azerbaijan, Hong Kong, and Sri Lanka. It also has a domestic network of over 1,000 branches.
MCB is known as one of the safest banks and one of the biggest in Pakistan. It has a capital base of about PKR 462 billion and total assets of about PKR 605 billion. People know the bank as one of the oldest and most trustworthy in Pakistan. It has been an important part of promoting the country on global stages and is one of the few institutions that can be traded on the international market.
There have also been awards and honors given to the bank by Euromoney, MMT, Asia Money, SAFA (SAARC), The Asset, and The Asian Banker.
Email: Info@MCB Bank Limited.com
Phone: 041-1110 00622