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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 Building

MCB Bank Achieves Record Profits and Dividends in Year 2023

February 7, 2024February 7, 2024Shahnawaz Akhter

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.

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MCB Bank Building

MCB Bank Reports Unprecedented 134% Surge in Nine-Month Profit

October 25, 2023October 25, 2023Shahnawaz Akhter

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.

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MCB Bank For Life

MCB Bank Plans to Establish Exchange Company with Rs 10 Billion Capital

September 18, 2023September 18, 2023Shahnawaz Akhter

Karachi, September 18, 2023 – MCB Bank has announced its intention to establish an exchange company with an initial paid-up capital of Rs 10 billion. The decision was communicated in a statement released to the Pakistan Stock Exchange (PSX).

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MCB Bank Building

MCB Bank Achieves Historic 150% Profit Growth in 1HCY23

August 2, 2023August 2, 2023Faisal Shahnawaz

Karachi, August 2, 2023 – MCB Bank, one of the largest banks in Pakistan, stunned investors by announcing an exceptional financial performance with a remarkable 150 percent growth in profit after tax (PAT) for the first half of the calendar year 2023.

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zong and mcb

Zong 4G and MCB Bank Join Forces for Enhanced Mobile Experience

June 26, 2023June 26, 2023Hamza Shahnawaz

Karachi, June 26 – Zong 4G, a leading telecom operator in Pakistan, is excited to announce its strategic partnership with MCB Bank, a renowned financial institution in the country.

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MCB Bank For Life

MCB Bank unveils advanced ATM upgrade across Pakistan

May 17, 2023May 9, 2026Hamza Shahnawaz

MCB Bank Limited (MCB) has recently introduced a comprehensive technological enhancement for its existing ATM network.

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MCB Bank Building

MCB Bank rules out further policy rate hike by SBP

May 10, 2023May 10, 2023Faisal Shahnawaz

MCB Bank, one of Pakistan’s leading banks, has announced its stance on the benchmark policy rate set by the State Bank of Pakistan (SBP), ruling out the possibility of further rate hikes.

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MCB Bank Building

MCB Bank shows impressive growth in 1QCY23; registers 46% increase in profit after tax

April 28, 2023April 28, 2023Faisal Shahnawaz

MCB Bank has shown impressive growth in first quarter of calendar year 2023 and posted 46 percent rise in profit after tax.

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MCB Bank For Life

MCB Bank expects up to 200 basis points increase in benchmark interest rate

February 21, 2023February 21, 2023Faisal Shahnawaz

KARACHI: MCB Bank is expecting up to 200 basis points increase in benchmark interest rates in near terms, according to conference call held on February 20, 2023.

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MCB Bank

MCB Bank registers 10pc increase in annual profit; forex income surges 149pc

February 8, 2023February 8, 2023Hamza Shahnawaz

MCB Bank Limited on Wednesday announced 10 per cent growth in net annual profit to Rs34.45 billion for the year ended December 31, 2022 as compared with Rs31.33 billion in the preceding year.

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