mcb News

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Moody’s upgrades ratings of five major Pakistani Banks on improved outlook

Moody’s Ratings on Tuesday upgraded the long-term local and foreign-currency deposit ratings of five major Pakistani banks, citing improved operating conditions, stronger government support capacity, and resilient bank performance.

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MCB Bank profit falls 16% YoY in H1CY25

MCB Bank Limited (PSX: MCB) disclosed its consolidated financial results for the half year ended June 30, 2025, posting a 15.52% year-on-year decline in profit attributable to equity shareholders, which clocked in at Rs29.23 billion [EPS: Rs24.67], compared to Rs34.61bn [EPS: Rs29.20] in the same period last year.

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MCB bank reports a 2.77% decline in profit

MCB Bank Limited (PSX: MCB) disclosed its financial results for the year ended December 31, 2024, reporting a 2.77% decline in profit...

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President orders Rs24mn financial relief to 31 bank fraud victims

Six banks have been directed to provide financial relief amounting to Rs24.136 million to 31 victims of bank fraud, as ordered by President Asif Ali Zardari....

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High Court approves MCB's conversion of 39 branches to islamic banking

The Lahore High Court has approved MCB Bank Limited's (PSX: MCB) Scheme of Compromises, Arrangements, and Reconstruction, which involves the demerger...

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Pakistani banks continue to flourish with strong quarterly profits

Extending their streak of financial success, Pakistan’s commercial banks have closed another quarter scoring higher earnings driven by increased interest...

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MCB bank's 39 branches set to convert to Islamic banking operations

The shareholders of MCB Bank Limited (PSX: MCB) have approved the Scheme of Compromises, Arrangements and Reconstruction involving the demerger...

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PACRA upgrades MCB Islamic Bank's long-term rating to "A+"

Pakistan Credit Rating Agency Limited (PACRA) has updated the entity ratings of MCB Islamic Bank Limited from "A" to "A+" for the long-term...

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MCB board approves conversion of 39 branches into Islamic banking entities

The Board of Directors of MCB Bank Limited (PSX: MCB) has approved the Scheme of Compromises, Arrangements and Reconstruction involving the demerger and....

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SBP penalizes 8 banks, 1 EC with Rs775.5m over regulatory breaches in 3QFY24

The State Bank of Pakistan (SBP) has imposed hefty fines worth a total of Rs775.54m on nine banks during the quarter ended March 31, 2024, for violating...

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Name Price/Vol %Chg/NChg
KSE100 159,592.91
216.91M 		0.31%
496.12
ALLSHR 97,116.33
768.06M 		0.46%
445.03
KSE30 48,297.58
106.33M 		0.31%
148.84
KMI30 228,607.02
68.07M 		0.59%
1329.76
KMIALLSHR 63,247.23
258.39M 		0.62%
387.33
BKTi 44,604.42
43.32M 		0.63%
277.31
OGTi 30,819.67
8.30M 		0.93%
283.08
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 106,325.00 107,030.00
104,565.00 		2295.00
2.21%
BRENT CRUDE 64.08 64.12
63.60 		0.45
0.71%
RICHARDS BAY COAL MONTHLY 87.25 0.00
0.00 		0.10
0.11%
ROTTERDAM COAL MONTHLY 96.75 96.75
96.75 		-0.20
-0.21%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50 		0.00
0.00%
CRUDE OIL - WTI 60.23 60.27
59.74 		0.48
0.80%
SUGAR #11 WORLD 14.13 14.37
14.07 		-0.06
-0.42%
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