London, July 13, 2006: MCB has yet again received the esteemed Euromoney Award for the “Best Bank in Pakistan”. It is the only bank to receive the Euromoney Award for Excellence for the sixth time in the past seven years. This has only been possible because of the confidence and trust reposed in the Bank by millions of its customers.

The prestigious banking award was conferred on MCB in a ceremony held in London, attended by distinguished representatives of leading banks and financial institutions of the world. MCB’s Chairman, Mian Mohammad Mansha was present at the occasion while Mr. Mohammad Aftab Manzoor, President and Chief Executive of MCB Bank Ltd. received the award.

MCB continues to expand its retail and wholesale banking with diversified products and services portfolio. The Bank continuously endeavors to achieve leadership in innovation and customer convenience. Its emphasis has always been on multi delivery channels. Along with its easily accessible branches, MCB provides the largest network of ATMs and the most comprehensive Internet Banking solution. It is the leading issuer of plastic in the county and also has the largest share in ATM transactions.

MCB has made strong inroads in the corporate banking arena by materializing considerably large deals and transactions including advisory business apart from actively participating in various syndicated arrangements. It has also provided improvised cash management solutions and structured financing activities to almost all reputable corporations in the country. It has ended the monopoly of select foreign banks in the areas of hedging and derivative products by offering innovative solutions to the corporate clients.  Along with the traditional mode of banking, MCB has not only been expanding its Islamic Banking operations across the country but has also been active in debt and equity markets, contributing significantly in its profit growth.

The consistency with which MCB has been receiving international accolades shows that its banking stands parallel to international standards and makes it truly the best bank in Pakistan.