MCB Bank Limited, Pakistan’s leading private sector bank, was declared one of the Top 25 companies in 2014 by the Pakistan Stock Exchange (PSX) at the PSX Top 25 Companies Awards ceremony held in Karachi.
The Award was presented to President MCB Bank Limited, Mr. Imran Maqbool by the honourable Prime Minister of Pakistan, Mian Muhammad Nawaz Sharif, in recognition of the bank’s financial strength, share performance, corporate governance and investor relations.
The PSX Top Companies Awards recognize and honour the performance of leaders of Pakistan’s corporate sector who contribute towards the growth of Pakistan’s economy, shareholder’s value and societal welfare. Besides the assessment of financial performance, a core criterion of evaluation, companies were also evaluated on the basis of dividend payout and free float of shareholding.
Speaking about the Award, President MCB Bank Limited. Mr. Imran Maqbool said “For MCB Bank this is our second recognition in a row this year, and follows in the steps of being declared Pakistan’s Best Bank by the prestigious financial publication, Euromoney. These Awards speak volumes of MCB Bank’s financial prowess and the ability to consistently exceed stakeholder expectations through our patent consumer centric approach. We look forward to working even more closely with our valued customers, employees and stakeholders to reach new heights of success in the banking sector.”