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Overview of MCB Bank

Established in 1947, MCB Bank Limited is one of the largest Banks in Pakistan with a
total customer base exceeding 7 million. Renowned for its consumer-centric approach,
the Bank has a vast branch network of over 1,400+ branches in Pakistan and abroad, in
countries such as Sri Lanka, Bahrain and Dubai. Through remote banking services,
consumers can access real time banking from the Bank’s 1350+ ATMs across Pakistan
and via Internet Banking and Mobile Banking.
MCB Bank’s stellar fiscal performance has been a catalyst for foreign direct investment
and succeeded in attracting, among others, Malaysian based Maybank International
Trust (Labuan) Berhad. Maybank International Trust (Labuan) Berhad invested a
significant stake in the Bank in 2008. Fullerton Financial Holdings (International) of
Singapore, through Bugis Investments (Mauritius) Pvt. Ltd., became another significant
international shareholder when ex-NIB Bank merged with and into MCB Bank in 2017.
MCB Bank has a tradition of excellence in banking and currently carries an entity risk
rating of AAA (long term) and A1+ (short term) which is the highest category rating by
Pakistan Credit Rating Agency (PACRA).
MCB Bank has always been an industry leader in the region and has received
numerous accolades in the past, including the “Best Bank in Pakistan” award from
Finance Asia and “Best Domestic Bank in Pakistan” four times from The Asset Triple A
Awards. MCB Bank was also awarded the The Asset Triple A Country Award 2019 for
“Best Bank – Pakistan”. It has been recognized as “Most Outstanding Company in
Pakistan – Financial Sector and “The Best Domestic Bank in Pakistan” on four different
occasions by Asiamoney. The Bank also enjoys the honour of being recognised by the
prestigious international finance publication, Euromoney, on 10 different occasions for
being “Pakistan’s Best Bank”. MCB Bank has also been recognized on numerous
occasions for being one of the Top 25 Companies of the Pakistan Stock Exchange,
most recently for its performance in 2016 and 2018. MCB Bank also has the distinction
of winning ICAP and ICMAP’s “Best Corporate Report Award” for the seventh
consecutive year in 2018; a recognition that the Bank has earned 9 out of 10 times
since 2009.

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