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MCB Bank

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I.I Chundrigar Rd, New Chali, Karachi, Karachi City, Sindh, Pakistan , Lahore,72500, Pakistan
Detailed Information

MCB Bank Limited is a Pakistani multinational commercial bank which is based in LahorePunjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank.

It was incorporated by the Adamjee Group on July 9, 1947. The bank was established to provide banking facilities to the business community of South Asia. The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to be privatized in 1991 and the bank was purchased by a consortium of Pakistani corporate groups led by Nishat Group. As of June 2008, the Nishat Group owns a majority stake in the bank.