Tue, 21-Oct-2025

MCB Bank earns Rs9.6 billion as foreign exchange income in 2022

MCB Bank

KARACHI: The MCB Bank Limited has earned Rs9.6 billion as foreign exchange income during the year ended December 31, 2022, mainly due to the massive rupee depreciation. The foreign exchange income of the bank surged 149 per cent during the year under review to Rs9.6 billion, compared with Rs3.85 billion in the preceding year. The … Read more

MCB Bank declares Rs31.1 billion annual profit

mcb bank

KARACHI: The MCB Bank net profit showed a growth of 6 per cent to Rs31.1 billion for the year 2021, compared with the earnings of Rs29.56 in the preceding year, a bourse filing said. Analysts at Arif Habib Limited said that the earnings increased on a year-on-year basis on the back of reversals in provisioning … Read more

MCB Bank earns profit of Rs14.88 billion in first-half

KARACHI: The MCB Bank Limited on Wednesday announced 11 per cent growth in net profit for the half-year ended June 30, 2021, a bourse filing said on Wednesday. The profit-after-tax of the bank has been recorded at Rs14.88 billion for the period January–June 2021, compared with Rs13.42 billion in the corresponding period of the last … Read more