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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]
MCB Tower, situated in Karachi, Pakistan, is the former headquarters of MCB Bank Limited. It is the fifteenth tallest building in Pakistan . It is about 116 m (381 ft) tall and contains 29 floors and 3 basement floors.
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) Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited)
Following are the companies which are listed on the Pakistan Stock Exchange: Adamjee Insurance [9] Adamjee Life Assurance [10] DG Cement [1] Nishat Paper Products; Nishat Dairy; MCB Bank [1] MCB Islamic Bank; MCB Funds [11] Nishat Mills [12] Nishat Linen; Nishat Power [13] Nishat Chunian [14] The Linen Company; Lalpir Power [15] Nishat Chunian ...
Mian Mohammad Mansha Yahya (Urdu: میاں محمد منشاء) is a Pakistani business magnate who is the current chairman of MCB Bank and one of the richest men in Pakistan. [1] His family owns Nishat Group. [2] Mansha and some of his immediate family members are among the highest tax-paying individuals in Pakistan. [2]
Meezan Bank was founded as an Islamic investment bank in 1997 by Noor Financial, Pak Kuwait Investment Company, and Islamic Development Bank. [5] It was then known as Al-Meezan Investment Bank. [6] In 2000, Meezan Bank was listed on the Karachi Stock Exchange. [7] In 2002, Meezan Bank acquired Pakistan operations of Société Générale. [8]
Bank Alfalah Limited (Urdu pronunciation: [bɛŋk al.fə.ˈlaːh] bank-al-fuh-LAH), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group .
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.