The award for best bank in Asia this year goes to Pakistan’s largest lender by market cap, Muslim Commercial Bank. Listed in Karachi and with strong financial links to the Gulf region and southeast Asia, MCB has in recent years transformed itself into one of Asia’s strongest lenders. It’s not the biggest, but it is large, and it is growing fast, particularly in such areas as asset management, retail banking and Islamic finance. Under the watchful eye of its respected founder and chairman, Mian Mohammad Mansha, MCB has become a genuinely powerful lender, the most influential in Pakistan, with revenues rising despite the global credit crunch and a branch network expected to top 1,000 by the end of this year, from 670 a year previously.
The rest of this article is only available to subscribers
If you are already a subscriber please log in now to view this article, by entering your username (email address) and password at the top right-hand side of this page.
If you are not a subscriber just subscribe today for full access to this article. You can do this either by clicking the link or calling +44 (0)207 779 8999.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
- 12 months access in print and online - on euromoney.com, read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 1996
- More than 30 specialist research guides free
- The results of Euromoney’s polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe