Company type | Public |
---|---|
PSX: MCB KSE 100 component KSE 30 component | |
Industry | Banking |
Founded | July 9, 1947 |
Founder | Adamjee Haji Dawood |
Headquarters | Lahore-54660 , |
Key people |
|
Products | Loans, credit cards, Debit cards, savings, consumer banking, Home Remittance etc. |
Revenue | Rs. 180.61 billion (US$630 million)[1] (2023) |
Rs. 125.24 billion (US$430 million)[1] (2023) | |
Rs. 59.63 billion (US$210 million)[1] (2023) | |
Total assets | Rs. 2.42 trillion (US$8.4 billion)[1] (2023) |
Total equity | Rs. 206.61 billion (US$720 million)[1] (2023) |
Owner | Maybank (18.78%) Nishat Mills (8.02%) Adamjee Insurance (5%) Security General Insurance (5%) |
Number of employees | 14,420[1] (2023) |
Parent | Maybank Nishat Group |
Subsidiaries | MCB Islamic Bank MCB Non-Bank Credit Organization Closed Joint Stock Company MCB Investment Management Limited (81.42%) |
Website | mcb |
MCB Bank Limited (Urdu: ایم سی بی بینک) is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 2000 branches and over 1200 ATMs in Pakistan. The current President/CEO of the bank is Shoaib Mumtaz.
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 in global depositary receipts.