Pakistan News

    Mcb Bank Karachi Timings Of Lulu

  • 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...

  • Eidul Azha prayer timings in Karachi

    KARACHI: Eidul Azha prayers will be held in the city as follows:Fiqh-i-Hanafi6...

    5; Jamia Masjid Usman-i-Ghani, Thahthai Compound, Light House; Jamia Masjid Gulistan Ghousia, Choona Bhatti; Jamia Masjid Ghousia, NED, Business Road; Markaz Rehmatul Lil Alameen (SAW), Al-Hamd, Town, Gulshan-i-Memar, Sector 7; Jamia Al Darasat Al Islamia, Opp Safari Park, Gulshan-i-Iqbal; Jamia Masjid Nimra near Durrani High School, Block I, Nazimabad;...

  • Court seeks record of MCB privatisation

    LAHORE: The Lahore High Court (LHC) summoned on Thursday the record of privatisation of the Muslim Commercial Bank (MCB) on an application filed by the National Accountability Bureau (NAB) against suspension of its investigation into the bank’s privatisation...

    During hearing of a petition filed by MCB Chairman Mian Mansha and MCB Director Khwaja Javed Iqbal, the NAB’s counsel said that the investigation had been initiated in the...

  • Earnings of MCB, Faysal, Meezan rise

    KARACHI: MCB Bank reported on Wednesday that its profit for January-September amounted to Rs19...

    7pc “mainly on account of NIB Bank merger” in the third quarter, the bank said in its press release...

  • MCB earns Rs5.9bn profit

    KARACHI: MCB Bank re­­ported on Wednesday earnings of Rs5...

    MCB booked reversals of provision charges amounting to Rs878m, which were higher on a year-on-year basis, thus contributing to the bottom line...

  • MCB profit rises

    KARACHI: MCB Bank’s profit-after-tax (pat) increased by 5 per cent year-on-year to Rs25...

    6) in the same period last year, the bank announced on Tuesday...

  • Non-core income props up MCB’s earnings

    A STRONG performance by the non-core business segment somewhat compensated for MCB Bank’s bloated tax expenses for the first half of the year...

    The blowing up of the tax bill was expected following the imposition of the 4pc super tax and changes in the taxation structure for banks post-FY16 budget, and this ate up into the bank’s after-tax earnings for the second quarter...

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