HISTORY OF MCB BANK:

MCB bank is considered to be one of the leading as well as oldest bank in Pakistan which was
incorporated in 1947 july 9th. This bank has faced a remarkable tenure of competitively edged of
success by providing quality banking system and this is a firm which works tremendously for the
technological development and leading management in such a way that creates an ethical and healthy
work environment. It was nationalized with other private banks at 1974 and was later privatized in
1991.

MCB is a first bank of Pakistan to launch global Depository Receipts (GDR) in 2006 and a largest
foreign bank in Sri Lanka. It also has strategic foreign partnership with a bank in Malaysia Maybank
which holds 20% shares in MCB bank through its owned subsidiary Mayban international trust since
2008. This bank is found to be one of the oldest and responsible banks in Pakistan and plays an
important role in presenting Pakistan at a global platform while being one of the few institutions that
are recognized and traded in the international market.

Recently MCB is actively involved in different CSR activities and continuously working for a
contribution towards the improvement of the nation. It also has played a vital role in increasing value
of technology as well as service and brings a change in banking sector through its customer centric
objectives. MCB has also been honoured by Euromoney awards, asia money, world finance, MMT,
SAFA (SAARC), CFA, Pakistan Centre of philanthrophy and the Asian banker. And currently it
carries out entity risk rating of AAA (long term) and A1+ ( SHORT TERM) which is supposed to be
the highest category rating by Pakistan credit rating agency (PACRA).