We have a dedicated Financial Institutions Division (FID) team looking after correspondent relationships and ensuring provision of complete banking solutions to our correspondents around the world. MCB FID is active in both primary and secondary markets and has established risk participation agreements with most of the leading global players. MCB Bank is also an active participant in (International Finance Corporation) IFC and (Asian Development Bank) ADB’s trade programs on issuing bank side and is also enlisted at IFC’s confirming banks panel. We also provide all Cash Letter solutions locally and offer remittance services.
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