MCB injects Rs4bn in MCB Islamic Bank

MG News | June 16, 2022 at 09:56 AM GMT+05:00

0:00

June 16, 2022 (MLN): MCB Bank Limited (PSX: MCB) has injected additional capital of Rs4 billion into its wholly-owned subsidiary namely MCB Islamic Bank Limited, the bank’s filing on PSX showed today.

This injection was made after the approval of the State Bank of Pakistan (SBP).

At present, the scrip of MCB is being traded at Rs125.45, up by 43 paisa or 0.34% DoD.

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