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MCB Bank Ltd. NC Reports Exceptional Dividend Payouts and Market Performance

Karachi, MCB Bank Ltd., operating under the symbol MCB, has reported exceptional dividend payouts and strong market performance in the Pakistan Stock Exchange, closing at Rs. 170.96 with a daily weighted average rate of Rs. 170.51. The bank’s paid-up capital is Rs. 11,850.60 million, with dividends of 190% in 2021, 200% in 2022, and 210%(III) in 2023. Since its listing in 1992, MCB Bank Ltd.’s highest rate was Rs. 176.5, and the lowest was Rs. 106.99. The turnover was 194,392,950 shares, with an impressive EPS of Rs. 26.00 for 2021/2022.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...