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MCB Group is a large financial services conglomerate. As of 31 March 2015, it had an estimated asset base of over US$7.4 billion (MUR 267.7 billion) and estimated shareholders' equity of more than US$1.0 billion (MUR 35.2 billion).
Mauritius Commercial Bank, founded in 1838, [3] is the oldest commercial company and the largest banking institution of Mauritius.It is equally the oldest banking institution south of the Sahara and one of the oldest banks of the Commonwealth to have preserved its original name and to be working in the same business area since its incorporation.
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]
The bank was established in 1992 [1] by two banking entities, Mauritius Commercial Bank Ltd and Standard Bank, in the name of Union Commercial Bank.The bank is a fully licensed commercial bank in Madagascar, which by 2007 had established branches in Antananarivo (Antsahavola, Ankonrondrano, Ankadimbahoaka, Ambohibao), Taomasina, and Mahajanga. [2]
MCB Bank Limited (15%) Habib Bank Limited (11.35%) LSE Ventures Limited (10%) National Investment Trust (6.35%) Industrial Development Bank of Pakistan (5%) Pak China Investment Company Limited (5%) Parent: Pakistan Stock Exchange: Website: cdcpakistan.com: Footnotes / references Financials as of 30 June 2023 [1]
In 2005, the MCB received a project-specific £150,000 Government grant for a number of specific projects. These were: the MCB leadership development programme; the MCB leadership mentoring programme; MCB direct, a web portal for information on Islam and Muslims; a British citizenship programme; and the British Muslim Equality Programme.
HabibMetro's main branch on I.I. Chundrigar Road in Karachi. Habib Metropolitan Bank was established in 1992 as a subsidiary of Habib Bank AG Zurich, following the government's decision in 1991 to allow private banks in Pakistan.
Emerald was founded in the United Kingdom in 1967 as Management Consultants Bradford (MCB) UP Ltd. The publisher changed its name to Emerald in 2002 following the success of its Emerald Fulltext database. [12] In 2007, Emerald acquired a programme of Management and Social Science book serials, series and monographs from Elsevier. [8]