Following Companies Act 2017 – CDC launches eDividend Repository

Karachi, March 06: Central Depository Company of Pakistan (CDC) has launched an eDividend Repository services to facilitate the process of eDividend. After the promulgation of the Companies Act 2017, it has become mandatory for all listed companies to process their dividends electronically. SECP recently introduced “The Companies (Distribution of Dividends) Regulations 2017” which spell out

Meezan Bank & IBA sign agreement for Fee Collection

Karachi, February 28, 2018:Meezan Bank, Pakistan’s first and largest Islamic bank recently signed a fee collection agreement with the Institute of Business Administration, Karachi (IBA). Under this agreement, the Bank will provide Payments & Cash Management servicesto IBAthrough the Bank’sstate-of-the-art web based electronic solution ‘eBiz+’. The agreement was signed by Mr. Ijaz Farooq, Group Head

Meezan Bank and IBA-University of the Punjab Sign MoU to launch MBA in SME Banking and Entrepreneurship

Karachi, 20th February, 2018: Meezan Bank and Institute of Business Administration – University of the Punjab (IBA-PU) have recently signed a Memorandum of Understanding for launching MBA in SME Banking & Entrepreneurship. The agreement aims to address the challenge of availability of qualified and trained human capital in these fields and also to bridge the

MCB Bank and SBP organize conference to create awareness of International Trade and settlement in Chinese Yuan

[Karachi: 22nd February 2018] MCB Bank, one of Pakistan’s largest & most innovative banks, organized a conference in collaboration with State Bank of Pakistan titled “Avenues and opportunities of International Trade and its settlement in CNY”. The conference was held at SBP premises in Karachi to update key stakeholders and MCB Bank customers on CNY

Soneri Bank Announces Profit Before Tax of Rs. 2,830.97 Million!

Soneri Bank’s Board of Directors sat in Karachi in the Chairmanship of Mr. Alauddin Feerasta on 20th February, 2018 to check the current status of the bank. In line of it, the directors gave approval of the financial statements for the last year ending, 31st December 2017. The bank’s profit before tax was Rs. 2,930.97

MCB Bank announces financial results for the year ended December 31, 2017

[Lahore: 16th February 2018] The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on February 15, 2018 to review the performance of the Bank and approve the financial statements for the year ended December 31, 2017. During the year 2017, the Bank completed merger of NIB Bank Limited

Meezan Bank announces good Results for the Year 2017

Karachi, February 15, 2018: The Board of Directors of Meezan Bank Limited in its meeting, held at Karachi on February 14, 2018 approved the audited unconsolidated and consolidated financial statements for the year ended on December 31, 2017. The meeting was presided by Mr. Riyadh S.A. A. Edrees – Chairman of the Board, Mr. Faisal

MCB Bank Ltd. inaugurates Gaddafi Stadium Branch

[Lahore: 27th January 2018]  MCB Bank, one of Pakistan’s largest & most innovative banks, inaugurated its conventional banking branch at Gaddafi Stadium, Lahore.   The inauguration ceremony was performed by Mr. Najam Sethi, Chairman Pakistan Cricket Board and Mr. Imran Maqbool, President MCB Bank and was attended by Mr. Zargham Khan Durrani, MCB Retail Banking

Mastercard Offers 15% Discount on FlyDubai

Enjoy 15% discount on flydubai trips by booking online with Mastercard until 31 March   Pakistan, 22 January 2018 – Mastercard cardholders in Pakistan can kick off the New Year with Priceless travel experiences to destinations across the flydubai network with 15% discount* on return flights booked online on   flydubai OPEN rewards members will benefit

Meezan Bank named ‘Best Islamic Retail Bank’ in the World and ‘Best Islamic Bank in Pakistan’ by Islamic Finance News – Malaysia

KARACHI, January 11, 2018 – Meezan Bank, Pakistan’s leading Islamic Bank has been awarded as the global winner of ‘Best Islamic Retail Bank’ for 2017 by Islamic Finance News of REDmoney Group, Malaysia. This is the second time that the Bank has received this recognition at the global level.   The Bank has also been