Bank Accounts

Presented ByHassan shafiq L1F10MBBF0036Ambreen rasheed L1F10MBBF2004

History of Bank

Bank" is commonly regarded as derived from the Italian word banco, a bench the Jews in Lombardy having benches in the market-place for the exchange of money and bills

Introduction of Mcb

About usOur mission and visionOur valuesAchievementsMcb tower

About usMCB was incorporated by the Adamjee Group on July 9, 1947, under the Indian Companies Act, VII of 1913 as a limited company.

NATIONALIZATION:The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto.

PRIVITIZATION:MCB was the first bank to privatized in 1991.

Our mission and vision

Vision Statement:To be the leading financial services provider, partnering with our customers for a more prosperous and secure future. Mission Statement:We are a team of committed professionals, providing innovative and efficient financial solutions to create and nurture long-term relationships with our customers. In doing so, we ensure that our shareholders can invest with confidence in us.   

Our values

IntegrityRespectExcellenceCustomer centricityinnovation

AchievementEuro money Awards: Best Bank In Asia Award 2008 Best Bank In Pakistan Award 2006 Best Bank In Pakistan Award 2005 Best Bank In Pakistan Award 2004

Asia Money Award:The Best Domestic Commercial Bank Award 2005The Best Domestic Commercial Bank Award 2004

Mcb TowerIt is the tallest building in Pakistan .

It is about 116 m tall Commercial Bank. and contains 29 floors and 3 basements.

Construction began in 2000 and was completed in 2005

MCB Tower situated in Karachi , Pakistan is the headquarters of MCB

Features of MCB

Online service Account Loans Cards

ATMs Current account Business sarmaya Smart card Saving account Basic account Personal loans Debit cardMcb sms Banking Saving 365 gold Car for you Mcb visaCall Centre saving xtra accountBill Payments

MCB ATM ServicesCard categories

MCB ATM Regular Cardwithdrawal of up to Rs.15,000 per day and a maximum of 3 withdrawals per day per card.

MCB ATM Gold Cardwithdrawal up to Rs. 25,000 per day and a maximum of 6 withdrawals per day per card

Mcb sms BankingBanking at your FingertipsAccount Balance Inquiry.Account Mini Statement (last 5 transactions). View Credit Cards bill.

A Free ServiceMCB SMS Banking is a free service for all MCB account holders. However, standard SMS charges levied by your service provider are applicable.

Call center

The state of the art MCB call center is the right choice to keep you in step with your ever hectic schedule by providing you services relating to your account.

Our well-abreast and friendly call center team is available 24 x 7, 365 days a year for your convenience as:Atms locationsAccounts opening proceduresAccounts bal inquiry24 hour complaints registration

Bill paymentMcb bill paymentMcb easy bill pay offers unmatched convenience to pay your utility and mobile phone bills or recharged your prepaid mobile phone account anywhere, anytime with security and peace of mind.

Mcb is the only bank that offers you three convenient options of making those payments to PTCL,KESC, MOBILINK, U FONE,HESCO

Pay with Mcb ATM Pay through Mcb virtual Pay through Mcb call center

Basic banking account

This product has been introduced to facilitate the low income group as well as existing account holder who wish to convert there regular saving or current account into basic banking accounting.

Key points•Open a BBA with Rs 1000 only•No minimum balance maintenance requirements•No monthly account maintaining charges

Current accountLow minimum balance requirementsUnlimited cash deposit and withdrawal facility at hundred of branches nationwideUse your Mcb smartcard to shop at thousands of merchants across PakistanLockers and other affordable transactional facilities

Saving 365 gold

The higher your balance, the higher your rate.Profit calculated on daily basis.Profit paid into your account every month. Open your account with Rs. 500,000/- only. Cash deposit and withdrawal facility at hundreds of branches nationwide

Saving Xtra account

Grow with MCB Xtra by saving more and earning greater profit.   MCB Savings Xtra Account offers you a wide range of attractive profit rates

KEY POINTS•The higher your balance, the higher your profit.•Now avail attractive rates up to 8.5%.* •Profit calculated on monthly basis.•50% Discount on Lockers.

Mcb business sarmaya(Business set to life set)

Flexible•Running finance facility, to use as and when you want. •Financing up to Rs. 20 million •Pay back when you wantHigh loan amount•Loans up to 70% of the value of your house / flatExisting customer•Get discounts if you are already a customer of similar facility at another bank

Mcb car 4 UFlexible•Option for financing or leasing •Financing tenures from 1 to 7 years •Financing up to Rs. 25 laces•Option for new as well as used cars

Affordable•Minimum 20% down payments

Availability•Currently available in the following cities:Karachi, Lahore, Rawalpindi, Islamabad

Personal loansFlexible•Borrow up to Rs.1,000,000/- •1-5 year tenures

Affordable•Equal monthly installments •Lower interest rates

Excising customer•Get greater loan limits if you have been an existing MCB Branch customer for more than 6 months

Smart card/debit card

The convenience and flexibility of MCB Smartcard will help you live a smarter life. Your balance is always within your reach and you spend accordingly.It provides 24-hour direct access to your bank account.

Mcb visaMCB Visa is not just another card in your wallet. It not only provides the conventional credit card services in a manner that is superior in comparison, but goes an extra mile.

Key features•27 million acceptance locations worldwide.•Turning shopping into much more exciting experience

Finincial analysis

Top ten bank in Pakistan by their size of asset

•National bank of Pakistan 944232762 •Habib bank limited 820981347• United bank limited 619744051• Mcb bank limited 509233058• Allied bank limited 418374331 •Bank Aflalah limited 389070055 •St. bank (pakitsan) limited 312874212• Askaribank limited 254327466 •Bank Al- Habib limited 249806600 •Habib metropoliton bank limited 237412230

Mcb vs

Mezan bank

Mcb vs Mezan bankMcb branches Mezan bank branches

No. of branches 900

ATM 300

Net asset 79204209

No. of branches 222

ATM 175

Net asset 11079991

Mcb vs

standard

chartered

bank

Mcb vs standard chartered bankMcb branches standard chartered

branches

No. of branches 900

ATM 300

Net asset 79204209

No. of branches 165

ATM 200

Net asset 51073144