MCB Bank Limited (Formerly Muslim Commercial Bank) was incorporated by the Adamjee Group on July 9, 1947, under the Indian Companies Act, VII of 1913 as a limited company. The bank was established with a view to provide banking facilities to the business community of the South Asia. The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to be privatized in 1991 and the bank was purchased by a consortium of Pakistani corporate groups led by Nishat Group. As of June 2008, the Nishat Group owns a majority stake in the bank. The president of the bank is M.U.A Usmani.
Founded in 1948, Nishat Group is one of the leading and most diversified business groups in Pakistan.
Mian Mohammad Mansha is the Chairman of the group (and also MCB).
MCB Bank Pakistan Review:
Since privatization, MCB’s growth has been phenomenal. Today, MCB is one of the largest foreign banks in Sri Lanka, Dubai (UAE), Bahrain, Azerbaijan and Hong Kong. MCB is reputed as one of the soundest financial institution and as one of the leading banks in Pakistan with a deposit base of PKR. 462 billion (approx.) and total assets of PKR 605 bln (apprx.). The bank is versed as one of the oldest and most responsible banks in Pakistan and has played pivotal role in representing the country on global platforms while being one of the few institutions that are recognised and traded in the international market.
The bank has also been acknowledged though prestigious recognition and awards by Euro money, MMT, Asia Money, SAFA (SAARC), The Asset and The Asian Banker.
Careers and Jobs:
At MCB Bank Limited, we value individuals who enjoy the challenges of solving problems and taking the initiative to continuously learn and think ‘out of the box’. People, who possess a fast conceptual tempo which enables them to catch on quickly to new situations and learn from new experiences, applying their knowledge along the way and setting new performance / innovation benchmarks,.
Though the Bank continues to evolve and change, the key to our success remains constant. We focus on customer needs, spirit of innovation, and a broad range of expertise combined with technological power and financial strength delivered by diverse, highly skilled professionals across the globe.
Internet Banking: MCB Virtual Internet Banking offers you the convenience to manage and control your bank account and finances; when you want and where you want. MCB’s Virtual Internet Banking facility is:
– Free of cost.
MCB Virtual Internet Banking allows you to access banking services, 24 hours a day, 7 days a week and throughout the year. MCB offers a wide range of internet services to its customers for example:
Transfer of funds between own accounts as well as third part accounts
Payment of utility bills
Mobile recharge facility for all mobile companies
Personal alerts for reminding of events and occasions
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Branches of MCB Bank Limited: MCB has more than 400 branches all over Pakistan but I will tell you some of the main branches: