AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: MCB Limited announced a 15 percent year-on-year decline in profits for the first nine months of 2025, according to an analyst briefing held by the bank on its latest financial results. The decline was attributed to a decrease in net mark-up income and increased operating expenses.
Despite the dip in profits, the bank’s board of directors declared an interim dividend of PkR9 per share, bringing the total payout for the period to PkR27 per share. Total deposits saw a significant rise, reaching PkR2.2 trillion, up from PkR1.9 trillion in December 2024, marking a 16.1 percent increase. This growth was predominantly driven by a surge in current deposits, which contributed 88 percent to the overall increase.
The bank’s current deposits concentration has risen to 54 percent, with the management setting a new target of 60 percent by the end of the year. The CASA ratio improved slightly, reaching 97.5 percent from 97.2 percent in December 2024.
To further enhance deposit mobilization, MCB Limited plans to expand its workforce by up to 3,000 employees. The bank aims for a 20 percent increase in deposits from December 2024 levels by the end of 2025.
The briefing highlighted the bank’s strategic focus on increasing its current deposits and improving operational efficiency to address the challenges of declining profits.