During The Last Fifteen Years

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During the last fifteen years, the Bank has concentrated on growth through

improving service quality, investment in technology and people, utilizing its


extensive branch network, developing a large and stable deposit base and
managing its non-performing loans via improved risk management processes.

The business strategy of MCB is to provide financial solutions to major segments of


its customer base, namely retail and corporate.

MCB at home is recognized as a successful model of privatization. It has completed almost


nineteen successful years of privatization in 2010 and its growth and stability is a case study for
prospective government institutions waiting to be privatized.

The consistency in growth and the resilience MCB has shown during the past few years,
especially at uncertain economic times is by all means outstanding. The acknowledgements do
not end at home. MCB Bank Limited received Euromoney Award for Excellence seven times in
the last eight years, which include “Best Bank in Asia” in 2008; four times “The Best Bank in
Pakistan” award and one time “The Best Domestic Bank” award besides being declared the “The
Best Domestic Bank in Pakistan” by Asia Money for the last two years. MCB Bank also received
the “The Strongest Bank 2010” award by The Asian Banker for being Pakistan’s best-performing
financial institution in 2010. President and CEO MCB Bank, Atif Bajwa, has been awarded “The
Qatar Financial Centre Asian Banker Leadership Achievement Award 2010”.

In May 2008 Malaysian bank, Maybank and MCB signed an agreement, whereby
Maybank acquired 20% of the ordinary shares in MCB from Nishat Group. The
acquisition is in-line with Maybank’s strategy, as Malaysia’s financial services leader
in the region, to build its presence in key growth markets across the region. It also
paves the way for MCB, one of Pakistan’s premier financial services groups, to
engage Maybank as its exclusive foreign commercial bank strategic partner.

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