Corporate Watch

Corporate Watch

Corporate Watch 

Sindh Bank earns Rs1.2bn

KARACHI: Sindh Bank’s pretax profit for the first half of the year stood at Rs1.215 billion, said a press release issued by the bank.

Deposits at the scheduled bank increased to Rs99.15 billion from Rs84 billion in December 2015 registering an increase of 18 per cent.

Gross advances also rose to Rs54 billion, up 15.8 per cent from last year.

MCB named Pakistan’s best bank

LAHORE: MCB Bank Ltd has been declared ‘Pakistan’s Best Bank’ at the Euromoney Awards for Excellence ceremony held in Hong Kong, says a press release.

The award was presented to president MCB Bank Imran Maqbool by editor Euromoney, Clive Horwood in recognition of the bank’s robust financial strength and ability to meet customer needs.


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