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MCB Bank Limited (Urdu: ایم سی بی بینک) is a Pakistani commercial bank which is based in Lahore, Punjab. The majority of shares are owned by companies that are part of Nishat Group or Malaysian bank Maybank. MCB Bank is listed on the Pakistan Stock Exchange and the London Stock Exchange.
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.
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 ...
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MCB Bank is one of the four largest banks in Pakistan. It is considered as one of the 'Big Five' banks of Pakistan. [18] The bank was incorporated by Adamjee Group and it was nationalized by then Prime Minister Zulfikar Ali Bhutto. In the 1990s, it was privatized by then Prime Minister Nawaz Sharif's government and came under the Nishat Group. [5]
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.
Later in 2010, Arif Habib Bank Ltd. was rebranded under the name of Summit Bank Ltd. [9] Suroor Investments Ltd. acquired the majority shares of Atlas Bank Ltd. and MyBank Ltd. [10] and these banks were later on came under the umbrella of Summit Bank Ltd., [11] increasing the network of the bank to over 193 branches in the country.