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Logo used in 2001. MNET Services Private Limited was a Pakistani operator of inter-bank connectivity platform of MCB Bank Ltd (formerly known as Muslim Commercial Bank) for online financial transaction processing and offers a managed services portfolio that includes card personalisation & management, mobile payment services and ATM & POS controller hosting.
MCB Bank was incorporated as Muslim Commercial Bank in July 1947, shortly before the Partition of India, under the encouragement of Muhammad Ali Jinnah. [2] The founders, Adamjee Haji Dawood and M. A. Ispahani, were joined by directors from major Muslim commercial and industrial families, including the Ispahani, Adamjee, Dada, Arag, and Amin Jute families. [2]
Deutsche Bank AG (Deutsche Bank Pakistan) Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Standard Chartered Bank (Standard Chartered ...
NIB Bank's main business units included Retail Banking, Commercial Banking, Corporate and Investment Banking and Treasury Services. The Bank competed with all other major banks operating in Pakistan. [2] NIB bank ceased its operations in Pakistan with effect from July 7, 2017 and its assets now stand amalgamated into MCB.
Hussain Lawai (born 1945) is a Pakistani banker who served as the chief executive officer (CEO) of Summit Bank from 2008 to 2016. [1] Previously, he seved as the CEO MCB Bank from 1991 to 1996. He also served as the chairman of the Pakistan Stock Exchange. [2] [3]
Raast is an initiative led by the State Bank of Pakistan, that received backing from the Bill and Melinda Gates Foundation and Karandaaz Pakistan. It was developed with World Bank assistance. [7] Raast began its development in 2018. Bulk/Batch payments (e.g., dividend disbursements from the SBP CDC) went live in January 2021. [3] [8] Raast peer ...
Meezan Bank was founded as an Islamic investment bank in 1997 by Noor Financial, Pak Kuwait Investment Company, and Islamic Development Bank. [4] It was then known as Al-Meezan Investment Bank. [5] In 2000, Meezan Bank was listed on the Karachi Stock Exchange. [6] In 2002, Meezan Bank acquired Pakistan operations of Société Générale. [7]
Roshan Digital Account (RDA) (Urdu روشن ڈیجیٹل اکاؤنٹ) is a facility available to non-resident Pakistanis, this facility allows Pakistani nationals living abroad to have access to banking services within Pakistan without having to visit a consulate, embassy, or a physical bank branch.