MCB Bank is one of Pakistan’s oldest banks and was incorporated in the private sector in 1947.
To enter international capital markets, the Bank launched its Global Depositary Receipts (GDRs) in 2006 and was the first Pakistani Bank to have its GDRs listed on the London Stock Exchange. In 2008, the Bank entered into a strategic partnership with Maybank, Malaysia. The Bank operates a strong and vast network of over 1,400 Branches and over 1,450 ATMs in Pakistan, with an overseas footprint in UAE, Bahrain and Sri Lanka.
In 2015, MCB Bank launched its first Wholesale Banking branch in the U.A.E which is conveniently located on the iconic Sheikh Zayed Road. Keeping in mind the diverse needs of our customers, MCB Bank UAE offers a range of deposit products such as current & savings accounts and term deposit accounts in all major currencies. Our portfolio of over 500 accounts includes customers from a variety of businesses such as power, energy, steel, education, food & beverage, manufacturing, industrial supply, construction and financial institutions. To cater to our increasing portfolio we also provide international & local funds transfers, salary transfers, bank guarantees, working capital lines and project financing. Our dedicated trade desk is equipped to handle all our customer’s trade finance requirements including LC issuance, LC advising & confirmation, bill discounting, documentary collections and FATRs. MCB Bank UAE’s in-house treasury provides our customers with competitive pricing and advices on foreign exchange & interest rate exposure.
MCB Bank UAE aims to address the growing financing requirements of the business community of the region and endeavors to contribute towards further expansion and growth amid the country’s flourishing economy.