KARACHI (PR): ABL Asset Management Company Ltd appointed MCB FSL as trustee for their upcoming ABL Islamic Stock Fund. Farid A. Khan, CEO ABL AMC, and Khawaja Anwar Hussain, CEO MCB FSL, signed the agreement. ABL Asset Management Company Ltd (ABL AMC) is a wholly owned subsidiary of Allied Bank ...

LAHORE  : MCB Bank (MCB) announced its 1Q2013 result on Monday. The result came well above expectation of Rs4.95 per share on account of reversal in provisions against bad loans of Rs811m which boosted the bottom line. The bank posted a PAT of Rs5.8b (EPS: Rs5.70) up 4pc YoY. The bank also ...

KARACHI - Index heavy weight OGDC and MCB dragged market in negative. KSE 100 closed below 18,000 points mark after 6 trading sessions. Refinery sector remained volatile amid uncertainty about deemed duty revision. Cement stocks remained in the limelight as alone LPCL and FCCL fetched 19pc of ...

Security guard robbed currency worth nine millions rupees from a local bank in Kharadar(Karachi) by cutting the lockers and fled away hereon Thursday. As per details, security guard with the help of his three friends cut down the lockers and robbed foreign and local currency worth nine millions ...

Pakistans MCB Bank will pay around Rs7.5 billion to acquire the Pakistan operations of the Royal Bank of Scotland, a source with direct knowledge of the deal said on Monday. MCB Bank, the countrys largest bank in terms of market value, earlier said its board of directors had approved the proposed ...