Karachi, The extraordinary performance of MCB Bank was recognized locally and globally by ranking agencies, latest by CFA Association Pakistan which awarded it with Best Bank of the year (large Bank) for second consecutive year and Most Stable Bank of year for third time in a row.
Ninth Annual Excellence Awards by CFA Association Pakistan for year 2011 recognized MCB Bank as top performer in large banks category and also awarded for its stability. Achievement awards make us more humble and act as a challenge to keep improving our performance, said M. U. A. Usmani, President MCB Bank. The stability and excellence achieved by MCB Bank is due to the dedicated teamwork of our staff and trust shown by customers. We will continue to improve performance and retain lead position in introducing attractive banking products.”
Ali Munir, Group Head of Strategic Planning & Investments MCB Bank said MCB Bank in addition to honor bestowed by CFA earned many other awards during FY12 including prestigious Best Commercial Bank FY12 from World Finance Banking Awards. Asset Triple A awarded 2012 Best Islamic Deal – Pakistan to Mobilink PKR 7.1 Billion Syndicated Term Finance Facility where MCB acted as a Joint Lead Advisor, Arranger, Exclusive Agent, Trustee for said award winning deal.
It also got Financial Times Deal of Year Award 2012 for Infrastructure & Project Finance- Asia Pacific for FFC Energy’s Rs.11 BN Wind Energy Project where MCB led transaction as Agent Bank. Financing of Pakistan’s first wind energy project is landmark achievement as it establishes benchmark for future projects and offers potential lifeline to a country afflicted by energy crises.