Title:

MCB Bank Limited

Price:$550.00
Publication Date:May 05, 2008
Report Type:Company Profile
Brief Excerpt:...MCB Bank Ltd is the fourth-largest bank in Pakistan in terms of assets at PKR###.# billion as of year-end #### (US$#.# million), with a wide network of branches and the largest ATM netwo rk in Pakistan, complemented by small overseas operations. It has market shares of #.#% in terms of assets and #.#% in terms of deposit s as of September ####. MCB was incorporated as a limited company in July ####. In ####, MCB was nationalised along with all other private- sector banks. This led to deterioration in the quality of the bank s loan portfolio and service. MCB was again privatised in ####. Over the past ## years, the bank has concentrated on growth through improving service qua lity, investment in technology and people, utilisation of its extensive branch network, development of a large and stable deposit base and management of its non-performing loans via improved risk management processes. The bank s ordinary shares are listed on all the stock exchanges in Pakistan whereas...
Word Count:2467
Length:8 Pages
Issuer:MCB Bank Limited
Format:Adobe Acrobat Adobe Acrobat
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