ISLAMABAD: In a surprise move, the National Accountability Bureau (NAB) transferred on Thursday its director general for Rawalpindi region, Zahir Shah, and appointed him director general operations...
The post of director general for Rawalpindi is now lying vacant as a decision to fill it has not been made so far...
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...
KARACHI: MCB Bank reported on Wednesday that its profit for January-September amounted to Rs19...
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...
LAHORE: MCB Bank’s profit before tax rose by 34 per cent to Rs23...
A relatively new entrant to the field, MCB Bank’s Islamic banking subsidiary — MCB Islamic Bank Ltd — received a ‘certificate of commencement of banking business’ from the State Bank of Pakistan last month...
By the end of June, MCB’s Islamic banking division had just over Rs21bn in assets and Rs6...
KARACHI: MCB Bank’s profit-after-tax (pat) increased by 5 per cent year-on-year to Rs25...
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...
MCB posted an unconsolidated profit-after-tax of Rs13...
KARACHI: MCB Bank on Wednesday announced consolidated profit of Rs4...
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...
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...
According to analysts at KASB Securities, the swap ratio could be 120 to 131 shares of NIB for every share in MCB since the market price of MCB stock is Rs210 against NIB’s Rs2...
KARACHI: MCB Bank’s profit remained stagnant at Rs6...
To recall, MCB received a one-off compensation on tax refunds to the tune of Rs1...
KARACHI: MCB Bank’s first quarter profit-after-tax fell 22 per cent to Rs6...
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...