MCB Bank
Muslim Commercial Bank (MCB)
Photos (1)
Branch Information
Address
6CR6+W3W, New Liaquat Market Rd, Nawabshah, Shaheed Benazirabad, Sindh 67450, Pakistan
Phone
(0244) 366847Hours
-
CloseOff Days
Saturday, Sunday
Reviews (2)
It was incorporated by the Adamjee Group on July 9, 1947. The bank was established to provide banking facilities to the business community of South Asia. The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to be privatized in 1991 and the bank was purchased by a consortium of Pakistani corporate groups led by Nishat Group. As of June 2008, the Nishat Group owns a majority stake in the bank. The president of the bank is Shoaib Mumtaz. The group has a presence in the business sectors of the country such as banking, textile, cement, and insurance. Mian Muhammad Mansha is chairman of both the group and MCB. The bank has established an Islamic Banking unit to offer Shariah-compliant products and services, with dedicated Islamic banking branches in six cities In 2005, the management of the bank abbreviated its name from Muslim Commercial Bank Limited to MCB Bank Limited to explore international markets; they were facing resistance due to the word Muslim especially from Western Countries to avail license. In 2008 the head office of MCB was shifted from MCB Tower, Karachi to Lahore in a newly constructed building, namely MCB House located at Sharea Ghous-ul-Azam, commonly known as Jail Road. MCB, advised by Merrill Lynch, became the fourth Pakistani company (the other three being Hubco, PTCL, and Chakwal cement; they all have been delisted) to list on the London Stock Exchange when it raised US$150 million global depositary receipts....
Good service
Products (44)
MCB Visa Gold Credit Card
MCB Visa Debit Card
MCB Visa Platinum Debit Card
MCB Visa Platinum Credit Card
MCB GOLD PLUS
MCB One Account
MCB Current Account
MCB Business Account
MCB Basic Banking Account
MCB Current Life Account
MCB Foreign Currency Account
MCB smart business account
MCB Ladies Account
MCB pensioners current account
MCB Asaan Remittance Account
MCB Burqrafttar Account
MCB Kids Fun/Club Account
MCB Mahana Profit Account
MCB Smart Saving Account
MCB Foreign Saving Account
Profit Loss Saving Account
MCB 365 Saving Account
Adamjee Life Education Plan
Adamje Life Save & Assure Plan
Jubilee FlexiLife Plan
Jubilee LifePartner Plan
Jubilee Prime Life Plan
IGI Smart Wealth Plan
IGI Life Healthy Savings Plan
IGI Life RetireEasy Plan
IGI Life IncomeMax Plan
IGI Life CapitalSure Plan
EFU Dream Wedding
EFU EduCare
EFU High Value Savings Plan
EFU Accelerated Savings Plan
Car4U
Student Personal Loan
Personal Loan
Home Loans
Cash4Cash
Personal loan 4 Salaried Women
Senior Citizen Saving Account
