MCB Bank Ltd.
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MCB Bank Ltd. - Company Capsule
Reference Code: FS0292CC
Published Date: April 2011
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MCB Bank Ltd. - Company Capsule Page 1
MCB Bank Ltd.
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MCB Bank Ltd. - Company Overview
MCB Bank Limited (MCB) is principally engaged in commercial banking and related services. The bank along with its
subsidiaries provides a wide range of banking products and services to retail clients, and small and medium enterprises in
Pakistan, Asia Pacific and the Middle East. It also offers various deposit products, including fixed deposits, savings
deposits, term deposits, current accounts, margin accounts and foreign currency accounts. The other offerings of MCB
include personal loans, auto loans, working capital loans, and term loans along with smartcard/debit cards and VISA
cards, and many more similar products. The bank has over 1,000 branches and 450 ATMs spread across the country. It
approximately serves 4 million people. MCB Bank Limited is headquartered in Karachi, Pakistan.
Financial Performance
The company reported revenue of PKR 34,214.72 million during the fiscal year ended December 2009. The company's
revenue grew at a CAGR of 11.78% during the period 2007-2009 with a year on year growth of 12.67% over fiscal year
2008. During the fiscal year 2009, its operating margin was 68.24% as against an operating margin of 72.04% in fiscal
year 2008. During the fiscal year 2009, the company registered a net margin of 45.79% as against a net margin of 50.46%
in the fiscal year 2008.
MCB Bank Ltd. - Key Facts
MCB Bank Ltd., Key Facts
Floor 6, Islamabad, , , Pakistan Ticker Symbol, Stock
Corporate Address: MCB (Karachi Stock Exchange)
Exchange
Telephone + 92 51 2278081 No. of Employees 9,704
Fax + 92 51 2273521 Financial Year End December
URL www.mcb.com.pk Revenue (in PKR Million) 34,214.72
Industry Financial Services Revenue (in USD Million) 418.43
Locations Pakistan, Asia-Pacific, Middle East and Africa
Source: Annual Report, Company Website, Primary and Secondary Research
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MCB Bank Ltd. - Company Capsule Page 2
MCB Bank Ltd.
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MCB Bank Ltd. - Major Products and Services
MCB Bank is engaged in commercial and retail banking services in Pakistan and abroad. The comapny's key products
and services include the following:
MCB Bank Ltd., Major Products and Services
Products:
Deposits:
Fixed deposits
Savings deposits
Foreign accounts
Lending:
Personal loans
Travelers checks
Bill payment services
Smartcard/debit cards and VISA cards
Agricultural financing scheme
Services:
Other services:
Lockers
Cash management services
Trade finance services
Letters of credit
Private placements
Loan syndication
Corporate advisory services
Internet banking
Source: Annual Report, Company Website, Primary and Secondary Research
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MCB Bank Ltd. - Company Capsule Page 3
MCB Bank Ltd.
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MCB Bank Ltd. - Key Competitors
The following companies are the major competitors of MCB Bank Ltd.:
ABN AMRO Holding N.V.
The Bank of Punjab
National Bank of Pakistan
Standard Bank Group Limited
United Bank Limited
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MCB Bank Ltd. - Company Capsule Page 4
MCB Bank Ltd.
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MCB Bank Ltd. - Key Employees
MCB Bank Ltd., Key Employees
Name Job Title Board Level Since Age
Abdul Farid Bin Alias Director Non Executive Board
Abdus S. Sami Company Secretary Senior Management
Aftab Ahmad Khan Director Non Executive Board
Mian Mohammad Mansha Chairman Non Executive Board 1991
Mian Raza Mansha Director Non Executive Board 2007
Mian Umer Mansha Director Non Executive Board
Mohammad Hussein Director Non Executive Board 2008
Mohammad Usman Ali
Chief Executive Officer, President Executive Board 2010
Usmani
Muhammad Ali Zeb Director Non Executive Board 2009
Muhammad Yaqub Director Non Executive Board
S.M.Muneer Vice Chairman Non Executive Board
Salman Zafar Siddiqi Chief Financial Officer Senior Management
Sarmad Amin Director Non Executive Board
Shahzad Saleem Director Non Executive Board
Tariq Rafi Director Non Executive Board
Source: Annual Report, Company Website, Primary and Secondary Research
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MCB Bank Ltd. - Company Capsule Page 5
MCB Bank Ltd.
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MCB Bank Ltd. - Locations and Subsidiaries
Head Office
MCB Bank Ltd.
Floor 6
Islamabad
Pakistan
Tel: + 92 51 2278081
Fax: + 92 51 2273521
Other Locations & Subsidiaries
MCB Bank Ltd., Subsidiaries
MCB Asset Management Company Limited MCB Financial Services Limited
Pakistan Pakistan
MCB Leasing MCB Trade Services Limited
Azerbaijan Hong Kong Special Administrative Region of China
MNET Services (Private) Limited
Pakistan
Source: Annual Report, Company Website, Primary and Secondary Research
MCB Bank Ltd., Locations
Badar Commercial Street # 1,
The Mall Peshawar Branch
Defence Housing Authority
Pakistan
Pakistan
Tel: + 92 91 272180
Tel: + 92 21 5844477
Fax: + 92 91 273185
Fax: + 92 21 585