Pakistan News

    Mcb Bank Clifton Branch Karachi Sindh

  • MCB Bank’s foray into Islamic banking

    12tr, according to central bank data...

    However, the potential for growth in the industry can be judged from the fact that there is just one full-fledged Islamic bank among the country’s top 10 commercial banks...

  • MCB Bank 2nd-quarter profit down 11pc

    KARACHI: MCB Bank on Wednesday announced consolidated profit of Rs4...

    However, the bank’s board of directors declared an interim cash dividend of Rs4 per share, in addition to Rs4 per share already paid in the 1st quarter of 2016...

  • MCB Bank in talks to buy NIB operations

    KARACHI: MCB Bank announced on Tuesday that it is interested in buying the operations of NIB Bank...

    According to a filing with the Pakistan Stock Exchange (PSX), MCB Bank and Fullerton Financial Holdings Pte Ltd (FFH) were in a preliminary non-binding discussion on a merger...

  • MCB Bank’s quest for strategic regional partners

    ON the morning of 15th of this month a flurry of activity was witnessed in the financial markets as MCB Bank Limited and NIB Bank Limited announced that they were in a preliminary non-binding discussion on a possible merger of NIB into MCB...

    NIB Bank was represented by Fullerton Financial Holdings Pte...

  • MCB Bank announces half-year results

    KARACHI: The board of directors of MCB Bank Limited, met under the chairmanship of Mian Mohammad Mansha, on Wednesday to review the performance of the bank and approve the financial statements for the half year ended June 30, 2018...

    During the six months period ended June 30, 2018, MCB Bank Limited reported profit before tax (PBT) of Rs16 billion (-9...

  • HBL, MCB Bank profits surge

    KARACHI: Habib Bank declared 1QCY20 profit after tax at Rs4...

    The bank’s net interest income grew 20pc during the quarter while the non-interest income fell by 13pc, reflecting slowed economic activity in the economy...

  • Sindh governor holds out olive branch to Sindh govt

    HYDERABAD: Sindh Governor Imran Ismail on Tuesday invited the Sindh government to jointly work with the federation for the sake of development in the province...

    “I invite the Sindh government again to work together with us in order to redress people’s grievances,” he said, while speaking to reporters during his visit to the local office of the Citizens-Police Liaison Committee (CPLC) at Autobhan Road...

  • Former NBP president arrested on corruption charges involving bank's Bangladesh branch

    The National Accountability Bureau (NAB) on Friday arrested former National Bank of Pakistan (NBP) president Syed Ali Raza on charges of corruption after the Sindh High Court turned down Raza's bail request...

    The National Accountability Bureau (NAB) had filed a reference against the former NBP chief and other officials for allegedly misusing their authority by granting and revising financing facilities in the NBP Bangladesh branch...

  • Bank of China to open branch in Gwadar soon

    GWADAR: The Bank of China, along with other national and international banks, plans to open a branch in Gwadar, said Gwadar Port Authority Chairman Dostain Khan Jamaldini in a meeting with the president of the Summit Bank, Zaheer Esmail, here on Thursday...

    Mr Jamaldini claimed that with the Gwadar Deep Seaport becoming operational, several of the country’s commercial banks were interested in opening branches in the port city and the...

  • Bank of China to open first branch in Pakistan

    Bank of China (BoC) will be setting up its first branch in Pakistan as it has received its banking license from the State Bank of Pakistan (SBP)...

    Finance Minister Ishaq Dar met with Bank of China Chairman Tian Guo Li in Beijing, where the latter was invited to visit Pakistan to inaugurate bank's first branch in Pakistan, expected to be set up in Karachi...

  • Habib Bank to open branch in China

    KARACHI: Habib Bank Limited on Monday announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world’s number two economy...

    HBL said it would open a branch in Urumqi, the largest city in the province of Xinjiang, which lies along the traditional Silk Route and borders Pakistan...

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