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

CEO CDC Aftab Ahmad Diwan Selected Vice Chairman of Asia Pacific Central Securities Depository Group (ACG)

Karachi, November 23: Mr. Aftab Ahmad Diwan (CEO–CDC) has been selected Vice Chairman of Asia Pacific Central Securities Depository Group (ACG). This honor came to Pakistan in the 14th World Forum of CSDs (WFC 2017) Conference recently held in Hong Kong. As Vice Chairman ACG Executive Committee, Mr. Diwan will now also represent the Asian

MCB Bank and Isra University sign MoU for mutually beneficial financial services

[Lahore: November 23, 2017] MCB Bank, one of the largest & most innovative banks in Pakistan, has entered into an agreement with leading academic institute Isra University for fee collection and financial services. The agreement was signed by Prof. Dr. Ghulamqadir Kazi of ISRA University, MCB Bank CIO, Mr. Faisal Ejaz Khan and Mr. Azfar

Fintech: Trends and Future in Pakistan

CONFERENCE INTRODUCTION TECH Pakistan in collaboration with 17th ITCN Asia 2017 organizes a conference called “Fintech: Trends & Future in Pakistan” a one of its kind panel discussion that aim to embark a conversation over aligning finance sector with technology that could benefit a larger audience as whole. TECH Pakistan believes in setting benchmarks; to

Bank of China In Gawadar Soon.

Bank of China is said to be opening a branch soon in Gwadar, said Administrator of Gwadar Port Specialist (GPA) Dostain Jamaldeen. Jamaldeen made these comments while going to a meeting with the Leader of a private bank Zahir Ismail in Gwadar. He told that other than Bank of China, other worldwide banks likewise opening

Meezan Bank Limited Awarded for ‘Best Islamic Bank’!

Meezan Bank Limited has been awarded for being the global winner of ‘Best Islamic Bank of Treasury Management’ for 2016 by Islamic Finance News of REDmoney Group, Malaysia.   Not just this, Meezan Bank has been recognized as the ‘Most Innovative Islamic Bank’ and earned global runner-up for it. The bank has demonstrated to be

Senate Accepts Resolution to Demonetize Rs. 5,000 Currency Note

Finally, there was someone to voice out people’s words to the members of the government. From the time the Indian government put an end to high value notes of currency and changed them with new ones, it became quite evident that taking such steps could result in showcasing concealed assets and deter tax evasion. This

First 500 Tickets FREE with Alfa! Bank Alfalah’s New Campaign with Cinepax

In their recent promotional campaign to boost Bank Alfalah app – Alfa, the bank has initiated an offer to give First 500 Tickets Free. This campaign is focused towards all those customers who use Alfa (Bank Alfalah Mobile Banking App). The transaction can be proceeded in such a way that first the customers will have

Guidelines Issued by SBP to Deter Cyber Attacks

State Bank of Pakistan has issued guidelines on prevention against cyber attacks. Through these guidelines, the SBP has advised banks/MFBs/DFIS to continuously improve their cyber security controls and procedures so as to anticipate, withstand, detect, and respond to cyber attacks. SBP’s cyber security instructions provide guidelines in the areas of risk ownership and management responsibility;

Basic Banking Terms You Should Be Familiar With

Are you preparing for an interview in a bank or a financial institution? Or have you chosen a subject that is related to banking and finance. Or are you banking professional. You need to familiarize yourself with these banking terms. Even if you don’t belong to this industry, money and banking are an essential part