Karachi, August 6, 2025 – MCB Bank has paid a record Rs33 billion in income tax during the first half of calendar year 2025 (January to June), surpassing its net profit of Rs29.39 billion for the same period, according to the consolidated financial results submitted to the Pakistan Stock Exchange (PSX).
(more…)Tag: MCB Bank
MCB Bank, among Pakistan’s largest commercial banks, is closely followed by Pakistan Revenue, which provides timely updates on its financial performance and key corporate developments to readers.
-
MCB Bank Partners with Fauree Tech to Expand SME Financing
Lahore, March 24, 2025 – MCB Bank Limited, one of Pakistan’s leading financial institutions, has announced a strategic collaboration with Fauree Tech Pvt. Ltd., a fintech company specializing in digital supply chain finance solutions.
(more…) -
Windfall Tax Issue Remains in Lahore High Court: MCB Bank
Karachi, February 24, 2025 – MCB Bank has confirmed that the windfall tax issue remains sub judice before the Lahore High Court, as the bank has successfully secured a stay order.
(more…) -
MCB Bank Announces Annual Financial Results for 2024
Lahore, February 6, 2025 – MCB Bank Limited has announced strong financial results for the year ended December 31, 2024, reflecting another year of robust growth and solid performance.
(more…) -
MCB Bank Reports 8% Decline in Earnings for 3QCY24
Karachi, October 23, 2024 – MCB Bank has released its financial results for the third quarter ending September 30, 2024, revealing an 8% decline in earnings compared to the same period last year.
(more…) -
MCB Bank Posts Highest Ever First Half Profit Before Tax
Karachi, August 7, 2024 – MCB Bank has announced a record-breaking profit before tax (PBT) for the first half of 2024, reaching Rs 62.7 billion, a 16% increase from the previous year.
(more…) -
MCB Bank Reports Robust Rs 32.5 Billion PBT in Q1 of 2024
MCB Bank Limited (MCB) has announced a substantial profit before tax (PBT) of Rs 32.5 billion for the first quarter ending March 31, 2024, marking a significant 41% increase from the previous year.
(more…) -
MCB Bank Anticipates 3% Cut in Policy Rate During CY24
Karachi, February 28, 2024 – In a recent corporate briefing, MCB Bank has set its sights on a potential reduction of up to 3 percent in the existing policy rate of 22 percent during the current calendar year, according to insights provided by analysts at Arif Habib Limited.
(more…) -
MCB Bank Achieves Record Profits and Dividends in Year 2023
Karachi, February 6, 2024 – MCB Bank, one of Pakistan’s leading financial institutions, has announced its highest-ever profit and dividends for the calendar year 2023, according to analysts at Arif Habib Limited.
(more…) -
MCB Bank Reports Unprecedented 134% Surge in Nine-Month Profit
Karachi, October 25, 2023 – MCB Bank, a prominent financial institution in Pakistan, has made a stunning announcement with a remarkable 134 percent growth in after-tax profit for the nine-month period ending on September 30, 2023.
(more…)