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MCB Bank

MCB Bank logoMCB Bank Ltd. (formerly Muslim Commercial Bank) is one of the leading banks of Pakistan. The bank is versed as one of the oldest and most responsible banks in Pakistan and has played pivotal role in representing the country on global platforms while being one of the few institutions that are recognised and traded in the international market. Total assets: PKR 835 billion (as of December 31, 2013).

MCB Bank has representative offices in Dubai (UAE), Bahrain, Azerbaijan, Hong Kong and Sri Lanka. The bank has a customer base of approximately 4.7 million, a nationwide distribution network of over 1,190 branches and over 688 ATMs across Pakistan.

MCB was nationalized along with other private banks in 1974 as part of Government of Pakistan's economic reform movement and was later privatized to Nishat Group lead consortium in 1991.


These ads are not affiliated with MCB Bank

Headquarter:
Karachi, Pakistan
Key People:
Mian Mohammad Mansha (Chairman)
Website:www.mcb.com.pk
Head Office:16th Floor, MCB Tower,
I.I Chundrigar Road, Karachi – 74000
Phone: 111-000-622 (24 hour Call Center)
Fax: 9221- 32270037
SWIFT (BIC):MUCBPKKA
Founded:1947
ID: 932. Updated: 17.02.2014
Twitter: MCBBankLtd
Disclaimer: Banks' information published on this site may not be true or accurate at all times. Always contact your bank to verify the correct bank parameters before using in a payment transaction. The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources.

Financial News

 China Overtakes the USA as the World’s Largest ATM Market - 04.04.2014
Chinese Financial News, an authoritative media of financial industry in China, released the report of Chinese ATM Market Overview 2013.
Source: GRG Banking Equipment
 The Global Islamic Microfinance Forum Ready to Set New Standards - 16.09.2013
The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.
Source: AlHuda Centre of Islamic Banking and Economics
 New Chairman for Mediterranean Bank Network (MBN) - 17.05.2013
Mr. Hassan El Basri has been elected as chairman of the Mediterranean Bank Network (MBN).
Source: Mediterranean Bank Network
 Islamic banking assets to surpass $1.8 trillion globally in 2013 - 05.02.2013
Global Islamic banking assets are forecast to cross $1.8 trillion in 2013 up from $1.3 trillion in 2011, Ernst & Young said in its World Islamic Banking Competitiveness Report 2013.
Source: zawya.com
 No more queues in front of ATMs - 23.01.2013
Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
 Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013
Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities.
Source: BBC
 Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012
Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one.
Source: Reuters

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