MCB declared best bank in Pakistan

LAHORE: Credit Suisse, a prestigious global financial company, in its report dated January 20, 2016 has cited MCB as “the best bank in Pakistan, and one of the best banks in Asia,” (among the top three).

According to a statement of the MCB Bank, the report further goes on to reveal that MCB is the best deposit franchise (CASA 92 percent) and has some of the widest net interest margins (5.41 percent in 2015).

It rated it basically, a very high-quality and conservative bank, which can be considered a bond fund raises deposits at an average at less than 3.3 percent.