MCB Bank Ltd.

MCB Bank Ltd.

MCB Bank Ltd.

Overview
Date Founded

1947

Headquarters

MCB Building,15-Main Gulberg,Jail Road,Lahore, Punjab 54000

Type of Company

Public

Employees (Worldwide)

16.2K

Industries

Retail & Commercial Banking
Holding Companies

Company Description

MCB Bank Ltd. engages in the provision of commercial banking services. It operates through the following segments: Corporate Banking, Consumer Banking, Treasury, International Banking, and Other. The Corporate Banking segment comprises of loans, deposits, project financing, trade financing, investment banking, and other banking activities. The Consumer Banking segment constitutes consumer financing activities with individual customers of the Bank and offers products such as credit cards, auto loans, housing finance, and personal loans. The Treasury segment includes fixed income, equity, foreign exchange, credit, funding, own position securities, lendings and borrowings, and derivatives for hedging and market making. The International Banking segment consists of activities of overseas operations. The Others segment refers to head office related activities and other functions which cannot be classified in any of the segments. The company was founded on July 9, 1947 and is headquartered in Lahore, Pakistan.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

Chief Compliance Officer

Chief Information Officer

Head Consumer Banking

Group Head-Corporate Finance & International Banking

Group Head Operations

Group Head Consumer Banking

Group Head Retail Banking

Group Head Security & Marketing

Board of Directors

Former Chief Executive Officer at Nishat Mills Ltd.

President at India-Pakistan Chamber of Commerce & Industry

Executive Director & Chief Executive Officer at Nishat Mills Ltd.

President & Chief Executive Officer at MCB Bank Ltd.

Chief Executive Officer, Executive Director & MD at Adamjee Insurance Co., Ltd.

Chairman & Chief Executive Officer at Siddiqsons Ltd.

Former Executive Director at Nishat Chunian Ltd.

Director at MCB Bank Ltd.

Director at MCB Bank Ltd.

Group Chief Technology Officer at Malayan Banking Bhd.

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MCB Bank Ltd.
Owners & Shareholders
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State Life Insurance is an active manager which invests their funds in accordance with the provisions outlined by the Government of Pakistan, aiming to extend the benefits of insurance to all sections of society and meet their commitments to policy holders and the nation. The firm invests in a range of instruments including government securities (Pakistan treasury bills, Pakistan investment bonds), approved government securities (Wapda Bonds, Provincial Securities/TFCs), loans (term finance certificates), equities (shares of listed and unlisted companies) and real estate.

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ABL AMC actively manages a range of open end mutual funds including a fixed-income fund with no direct exposure to the stock market which seeks to earn a superior risk adjusted rate of return by investing in a blend of short, medium, and long-term instruments, both within and outside Pakistan.The firm's equity fund aims to provide higher risk adjusted returns by investing in a diversified portfolio of equity instruments offering capital gains and dividends. Their ABL Cash Fund is a money market fund with no direct or indirect exposure to shares, TFCs or long-term debt instruments which aims to provide consistent returns with a high level of liquidity through a blend of money market and sovereign debt instruments.ABL AMC's Islamic Income Fund is a Shariah-compliant fund which primarily invests in Sukuks, money market instruments and deposits, seeking to provide higher income over the medium to long-term.Their ABL Government Securities Fund aims to deliver optimal risk adjusted returns by investing mainly in a mix of short- to long-term government securities and other debt instruments.ABL AMC's Capital Protected Fund seeks to protect initial investment value and deliver a steady return with the prospect of growth in initial investment over a specified time period.

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First Capital Investments Ltd., part of First Capital Securities Corp. Ltd., is a company headquartered in Lahore, Pakistan, that provides investment advice. The firm was founded in 1994. Imran Hafeez is currently the CEO of the company.

Recent Transactions
Details Hidden

Matco Foods Ltd. issued PKR Ordinary Shares

Details Hidden

Orient Rental Modaraba issued PKR Ordinary Shares

Details Hidden

MCB Bank Ltd. purchases NIB Bank Ltd.

Transaction Clients
Underwriter

Advised on Ittefaq Iron Industries Ltd. issued PKR Ordinary Shares

Underwriter

Advised on Matco Foods Ltd. issued PKR Ordinary Shares

Underwriter

Advised on Orient Rental Modaraba issued PKR Ordinary Shares

Transaction Advisors
Investment Advisor

Advised onMalayan Banking Bhd. purchases MCB Bank Ltd. from The Muslim Commercial Bank Ltd. Provident Fund, Muslim Commercial Bank Ltd. Employees' Pension Fund, Adamjee Insurance Co., Ltd., Nishat Mills Ltd. Employees Provident Fund

Legal Advisor

Advised onIttefaq Iron Industries Ltd. issued PKR Ordinary Shares

Legal Advisor

Advised onMCB Bank Ltd. issued USD Global Depositary Receipts (GDR)

Clients

Jubilee Life Insurance Co. Ltd. engages in the provision of life insurance, carrying on non-participating business. The company operates in the following segments: Individual Life Unit Linked, Conventional Business, Accident & Health, Overseas Group Life & Health, Individual Family Takaful, Group Family Takaful, and Accident & Health Family Takaful. The Individual Life Unit Linked segment provides life insurance coverage to individuals under unit based policies issued by the company. The Conventional Business segment includes individual life conventional and group life. The Accident & Health Business segment offers personal accident coverage to individuals and inpatient and outpatient health coverage to member enterprises, corporate entities, and common interest groups under group health insurance schemes. The Overseas Group Life and Health segment comprises of s life insurance coverage and inpatient and outpatient health coverage to overseas corporate entities under overseas group life and health policies. The Individual Family Takaful segment offers unit linked takaful plans, which provide shariah compliant financial protection and investment vehicle to individual participants. The Group Family Takaful segment contracts are issued typically on yearly renewable term basis. The Accident & Health Family Takaful segment contracts are mainly issued to employers to insure their commitments to employees. The company was founded on June 29, 1995 and is headquartered in Karachi, Pakistan.

IGI Life Insurance Ltd. engages in the provision of life insurance services. It operates through following segments: Life (participating), Life (non-participating), Life (non-participating) Group, Investment Linked, Accident and Health-Individual, Accident and Health-Group and Pension Fund. The Life (participating) segment offers life insurance coverage to individuals under individual life policies that are entitled to share in the surplus earnings of the statutory fund to which they are referable. The Life (non-participating) segment comprises life insurance coverage to individuals under individual life policies that are not entitled to share in the surplus earnings of the statutory fund to which they are referable. The Life (non-participating) Group segment includes life insurance coverage to employer-employee groups of employees and members under a single life policy issued to the employer. The Investment Linked business segment consists of life insurance coverage to individuals, whereby the benefits are expressed in terms of units, the value of which is related to the market value of specified assets. The Accident and Health-Individual segment provides fixed pecuniary benefits or benefits in the nature of indemnity or a combination of both in case of accident or sickness to individuals. The Accident and Health-Group segment refers to fixed pecuniary benefits or benefits in the nature of indemnity or a combination of both in case of accident or sickness to employer-employee groups of employees and members under a single policy issued to the employer. The Pension Fund segment focuses on the coverage for the purposes of a pension or a retirement scheme with or without the payments being guaranteed for a minimum period. The company was founded in 1952 and is headquartered in Karachi, Pakistan.

Key Stats and Financials As of 2020
Market Capitalization
$1.37B
Total Enterprise Value
$1.9B
Earnings Per Share
$0.16
Three Year Compounded Annual Growth Rate Of Revenue
20.5%
Enterprise Value / Sales
1.79x
TEVNet Income
10.02x
Debt TEV
0.79x
Revenue
$1.07B
Net Profit
$190M
Total Equity
$1.25B
Total Debt
$1.5B
Investors
Details Hidden

Chief Executive Officer at Bestway Cement Co. Ltd.

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Nucleus Software Exports Ltd. engages in the provision of software solutions to the banking and financial services industry. It operates through the following geographical segments: India, Far east, South East Asia, Europe/United Kingdom, Middle East, Africa, Australia, and Others. Its products and services include lending and transaction banking, and retail banking, corporate banking, cash management, internet banking, automotive finance and, other business areas. The company was founded by Vishnu Rampratap Dusad and Ashutos Pande in 1986 and is headquartered in Noida, India.

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