Karachi, 16 December: MCB Bank Limited introduced the latest addition to its suite of products – the new MCB Visa Credit Card- in a press conference held on December 16, 2006.

MCB Visa Credit Cards are focused primarily on providing convenience, safety, shopping pleasure and security giving a complete new and different feel to the world of Credit Cards through its innovative features. These unique features include i-revolve which makes the variable markup rate available to the card member upon revolving and is the first of its kind in Pakistan.

“Through this launch of MCB Visa it is evident that MCB Bank Ltd. is committed to be the market leader in innovative products and services offering customized financial solutions with flawless execution, satisfying customer needs. This is evidence enough of the commitment of the Bank to the economy and the banking sector of Pakistan to continue to provide products and services to increase our customer base and market share leading to even higher profitability levels.” A message from Mian Mohammad Mansha, Chairman MCB Bank Ltd.

MCB Visa also comes powered with a fully functional embedded chip, with the capability of storing large amounts of intelligent encrypted data and a protection against fraudulent transactions since cutting edge encryption methods prevent all forms of physical fraud on the card such as skimming and counterfeiting.

“It is indeed a pleasure to introduce our latest product offering MCB Visa Credit Cards giving a complete new feel to the world of Credit Cards offering a better and enhanced experience with every transaction. This launch is yet another endorsement of MCB’s commitment to be the market leader in innovative products and services with value additions at every level ensuring quality and convenience” Mr. Aftab Manzoor, CEO, MCB Bank Ltd

MCB Visa comes with an exciting suite of add-ons attached including comprehensive insurance plans, installment plans, reward points, upfront loyalties and some other unique features.

Mr. Shahid Sattar, Head of Retail Banking Group said:” It is with a sense of great accomplishment that I introduce our latest product – the new MCB Visa Credit Cards. Bringing a different and a higher level of convenience to the customers, the MCB Visa Credit Cards combined with features and benefits, will make it the most wanted payment solution for the consumers.”

“To complete our suite of consumer banking products is our latest product offering – the new MCB Visa Credit Cards. The MCB Visa is positioned as the first and foremost convenient payment solution and most importantly a value added product packed with state of the art features to enable the consumer to choose it from the wide variety available to them.” Ms. Mehreen Ahmed – Head of Consumer Banking –MCB Bank Ltd.