BR Research MCB banks on high CASA MCB Bank Limited (MCB), true to its reputation and much to the shareholders’ delight, announced another interim... Published 28 Oct, 2024 08:51am
Business & Finance MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion... Updated 23 Oct, 2024 06:12pm
BR Research MCB: Record profits – again MCB Bank Limited (MCB) continued its rich dividend payout legacy announcing another interim dividend of Rs9/share,... Published 09 Aug, 2024 08:58am
Markets MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in... Updated 07 Aug, 2024 09:49pm
BR Research MCB: Advances shrink, profits grow MCB Bank Limited (MCB) posted another quarter of stellar p the pretax profits jumped 41 percent year-on-year,... Published 26 Apr, 2024 07:30am
Business & Finance MCB Bank gets SBP’s green signal to commence Exchange Company operations MCB Bank Limited, one of the largest commercial banks in the country, has received approval of the State Bank of... Updated 27 Mar, 2024 08:43pm
BR Research MCB: High(est) profits – low(est) ADR MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high... Published 12 Feb, 2024 08:58am
Business & Finance Record profit: MCB Bank posts earnings of Rs65.3bn in 2023, up over 89% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported its highest-ever yearly profit, driven by an... Updated 06 Feb, 2024 10:03pm
Business & Finance Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended... Updated 30 Jan, 2024 10:46pm
BR Research MCB: Low deposit cost drives profit The banking sector profitability galore continued as MCB Bank Limited (MCB) announced 9MCY23 financial results –... Published 30 Oct, 2023 06:33am
Business & Finance Askari Bank latest to establish wholly-owned Exchange Company Askari Bank Limited, a subsidiary of Fauji Foundation, announced on Friday it will establish an Exchange Company... Updated 27 Oct, 2023 10:57pm
Business & Finance MCB Bank joins UBL and Meezan, says it will establish wholly-owned Exchange Company The Board of Directors (BoD) of MCB Bank Limited, one of the largest commercial banks in the country, announced it... Updated 18 Sep, 2023 07:49pm
BR Research MCB Bank Limited MCB is one of the pioneers of the banking sector of Pakistan. The bank was incorporated in the private sector in... Published 08 Aug, 2023 08:21am
BR Research MCB: Investments and current account drive profit MCB Bank Limited (MCB) doubled on the impressive first quarter, raking in record half yearly after-tax profits at... Published 07 Aug, 2023 08:18am
Business & Finance Jan-Jun: MCB Bank’s earnings increase over 150% year-on-year MCB Bank Limited on Wednesday reported a massive surge in its half-year profit, largely driven by an increase in its... Updated 02 Aug, 2023 09:36pm
Business & Finance Silkbank green lights MCB’s due diligence The Board of Directors at Silkbank Limited has permitted MCB Bank to proceed with due diligence for the acquisition... Updated 01 Jun, 2023 06:35pm
Business & Finance MCB Bank to conduct Silkbank’s due diligence The Board of Directors (BoD) at MCB Bank has given its go-ahead to the management to conduct due diligence of... Published 29 May, 2023 01:45pm
BR Research MCB: Current accounts drive profit MCB Bank Limited (MCB) began 2023 from where it left 2022 – announcing Rs6/share first interim cash dividend to... Updated 05 May, 2023 10:10am
Pakistan Moody's downgrades five Pakistani banks Also downgrades the five banks' long-term foreign currency Counterparty Risk Ratings (CRRs) to Caa3 from Caa1 Updated 03 Mar, 2023 09:14pm
Business & Finance MCB’s profit up 10% in 2022, forex income jumps 149% MCB Bank Limited posted consolidated earnings of Rs34.451 billion in 2022, up 10% from a year ago, a notice sent to... Updated 08 Feb, 2023 04:14pm
BR Research MCB Bank Limited MCB is one of the pioneers of the banking sector of Pakistan. The bank was incorporated into the private sector in... Published 11 Jan, 2023 08:41am
Business & Finance Bugis Investments sells its entire stake in MCB Bank for nearly Rs7.48bn Transaction completed on Monday at purchase price of Rs115 per share Published 12 Dec, 2022 05:34pm
BR Research Big banks grow steadily The 9MCY22 banking earning season has been a stellar one for the big 5 banks, on pretax profit grounds. The big five... Published 15 Nov, 2022 08:58am
BR Research MCB: Profits and dividends grow It is dividend galore at the PSX this earning season. MCB Bank Limited (MCB) announced Rs5/share interim dividend to... Published 27 Oct, 2022 07:43am
Pakistan Moody's downgrades ratings of five Pakistani banks; maintains negative outlook Moody’s says rating actions reflect the Government of Pakistan's reduced capacity to support the banks Updated 11 Oct, 2022 08:42pm
BR Research MCB: Strong dividend continues MCB Bank Limited (MCB) continued with the tradition of rich dividends to shareholders, announcing another Rs4/share... Published 23 Aug, 2022 08:39am
Pakistan Moody's downgrades 5 Pakistani banks' outlook to negative from stable, affirms B3 ratings Development comes after ratings agency first downgraded Pakistan’s outlook to negative from stable and then that of Wapda’s Updated 08 Jun, 2022 11:06pm
BR Research MCB: Smooth ride continues MCB Bank Limited (MCB) raked in phenomenal profitability growth on the back of strong core earnings. Like a... Published 28 Apr, 2022 06:11am
Business & Finance MCB gets SBP's approval for due diligence of Telenor Microfinance Bank The State Bank of Pakistan (SBP) has granted approval to MCB to commence the due diligence process as it eyes to... Published 21 Feb, 2022 02:44pm
BR Research MCB: Provisioning reversal ensures profit growth The template is there, and big banks seem to be following it this earning season. MCB Bank Limited (MCB) raked in 12... Updated 12 Aug, 2021 08:36am
Business & Finance MCB’s profit after tax reported at Rs7.9 billion for April-June Board declares cash dividend at Rs5 per share Published 12 Aug, 2021 01:47am
BR Research MCB: Steady profits Not quite the 2020 performance, but CY21 has started on a bright note for MCB, which declared Rs4.5 per share as... Published 22 Apr, 2021 07:35am
BR Research MCB posts record profits MCB Bank Limited (MCB) rounded off a stellar CY20 with a final cash dividend of Rs15/share, taking the full-year... Published 11 Feb, 2021 07:30am
BR Research MCB’s wrinkle free performance One tough quarter has not deterred MCB Bank Limited (MCB) from posting a massive 41 percent year-on-year growth in... Published 29 Oct, 2020 07:57am