Tag Archives: Mcb

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 of the Bank and approve the financial statements

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 various allowances keeping in view the increasing cost

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 and Exhibition hosted by Total Communications here at

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 services to its valued customers.  This platform is

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 the private sector arm of Jeddah-based Islamic Development Bank,

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 tax as against Rs4.3bn (EPS Rs4.22) in 4Q2012

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. The up-gradation, it said, defined the highest credit

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 amid hopes of decline in headline inflation numbers