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Issue:

Business

 

Written by:

Dominic T

 

Date added:

November 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2461

 

Was viewed:

3280 times

 

Rating of current essay:

 
Essay content:

The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to privatized in 1991 and the bank was purchased by a consortium of distinguished Pakistani corporate groups, led by Nishat Group. Currently the Nishat Group owns a majority stake in the bank. The president of the bank is Mr...
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Currently the Nishat Group owns a majority stake in the bank. The president of the bank is Mr. Atif Bajwa (previously with Citibank) and the Chairman is Mian Mohammad Mansha. In 2003 the management of the bank changed its name from Muslim Commercial Bank Limited to MCB Bank Limited (MCB). On May 5th, 2008 Maybank of Malyasia bought 15% of Muslim Commercial Bank of Pakistan...
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