Group Profile
The Nishat Group
The operational strength and stability of MCB Exchange Company (Private) Limited are fundamentally secured by its principal sponsor, the Nishat Group. Founded in 1951, the Nishat Group is recognized as one of Pakistan’s oldest, largest and most trusted business conglomerates, building a distinguished legacy across Textiles, Cement, Power Generation, Hospitality and crucially, financial services. The Group, under the leadership of Chairman Mian Mohammad Mansha, demonstrated its strategic financial acumen by successfully leading the consortium that acquired and transformed MCB Bank during its privatization in 1991, firmly establishing the Group as a benchmark for strength, reliability and corporate governance in the nation’s economy.
MCB Exchange is a wholly-owned subsidiary of MCB Bank Limited, a premier financial institution in Pakistan with a history dating back to 1947. MCB Bank is a name synonymous with trust and innovation, notably being the first Pakistani bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange in 2006. Today, MCB Bank operates an expansive domestic (1,400+ branches) and international network and is widely recognized for its consistently strong performance and highest local credit ratings of AAA/A1+ (long-term and short-term respectively) issued by PACRA, providing MCB Exchange with an exceptional foundation of expertise and operational excellence.
About MCB Exchange Company
MCB Exchange Company (Private) Limited is a wholly-owned subsidiary of MCB Bank Limited, a name synonymous with trust and financial innovation in Pakistan. The Bank’s significant shareholding is owned by the Nishat Group, a prominent business conglomerate with diversified interests spanning key sectors such as Textiles, Cement, Banking, Insurance, Power Generation, Hospitality, Agriculture, Dairy, Auto Manufacturing and Paper Products. This robust backing from a diversified industrial group provides an unparalleled foundation of strength and stability for MCB Exchange. MCB Bank’s journey is marked by pioneering achievements in the financial sector.
Adamjee Insurance Company Limited
------
Pakistan's largest general insurance company (Non-Life), providing coverage for motor, fire, marine, and miscellaneous risks, with a strong regional presence including the UAE.
Adamjee Life Insurance Company Limited
------
A prominent life and health insurance provider, offering unit-linked, traditional, and family Takaful (Shariah-compliant insurance) products to secure customers' financial futures.
MCB Islamic Bank Limited
------
A wholly-owned subsidiary of MCB Bank, this institution offers a complete range of Shariah-compliant banking products and services for corporate, SME, and retail customers.
MCB Investment Management Limited (MCB Funds)
------
An Asset Management Company (AMC) and Pension Fund Manager that manages a diverse portfolio of open-end mutual funds and pension schemes for institutional and retail investors.
MCB Exchange Company (Private) Limited ------ A wholly-owned subsidiary of MCB Bank focused on facilitating foreign currency exchange, international remittances, and other authorized money transfer services.
1947
------
Established as one of Pakistan’s pioneering financial institutions.
1991
------
Successfully privatized after a period of nationalization.
2006
------
Became the first Pakistani bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange.
2008
------
Formed a strategic partnership with Maybank, Malaysia, which acquired an 18.78% stake through Maybank International Trust (Labuan) Berhad.
2017
------
Amalgamated NIB Bank, marking a significant consolidation in the local banking sector.
Islamic Banking
------
First Pakistani bank to establish a wholly-owned Islamic Banking subsidiary, MCB Islamic Bank Limited, to meet the rising demand for Shariah-compliant financial services.
Our Footprint Across Borders
MCB Bank, a name synonymous with trust and financial innovation in Pakistan, has a strong local and international presence. It offers round-the-clock access through world-class Internet Banking and operates one of the region’s most extensive networks. With over 1,600 branches on a consolidated basis, including international branches in the UAE, Bahrain, and Sri Lanka, MCB holds the second-largest branch network in Pakistan. Backed by AAA/A1+ credit ratings from PACRA, this robust infrastructure provides MCB Exchange with a solid foundation of trust, expertise, and operational excellence.
00+
Branches
Operating Nationwide
00+
ATMs
Across Pakistan
00
International
Branches
00
Million+
Customers Served
Companies / Subsidiaries
ADAMJEE INSURANCE COMPANY LIMITED
Pakistan's largest general insurance company (Non-Life), providing coverage for motor, fire, marine, and miscellaneous risks, with a strong regional presence including the UAE.
ADAMJEE LIFE INSURANCE COMPANY LIMITED
A prominent life and health insurance provider, offering unit-linked, traditional, and family Takaful (Shariah-compliant insurance) products to secure customers' financial futures.
MCB ISLAMIC BANK LIMITED
A wholly-owned subsidiary of MCB Bank, this institution offers a complete range of Shariah-compliant banking products and services for corporate, SME, and retail customers.
MCB INVESTMENT MANAGEMENT LIMITED
An Asset Management Company (AMC) and Pension Fund Manager that manages a diverse portfolio of open-end mutual funds and pension schemes for institutional and retail investors.
MCB EXCHANGE COMPANY (PRIVATE) LIMITED
A wholly-owned subsidiary of MCB Bank focused on facilitating foreign currency exchange, international remittances, and other authorized money transfer services.
The Financial Suite
Adamjee Insurance
Company Limited
Pakistan's largest general insurance company (Non-Life), providing coverage for motor, fire, marine, and miscellaneous risks, with a strong regional presence including the UAE.
Adamjee Life Insurance
Company Limited
A prominent life and health insurance provider, offering unit-linked, traditional, and family Takaful (Shariah-compliant insurance) products to secure customers' financial futures.
MCB Islamic Bank
Limited
A wholly-owned subsidiary of MCB Bank, this institution offers a complete range of Shariah-compliant banking products and services for corporate, SME, and retail customers.
MCB Investment
Management Limited
An Asset Management Company (AMC) and Pension Fund Manager that manages a diverse portfolio of open-end mutual funds and pension schemes for institutional and retail investors.
MCB Exchange Company
(Private) Limited
A wholly-owned subsidiary of MCB Bank focused on facilitating foreign currency exchange, international remittances, and other authorized money transfer services.
Security General Insurance Company Limited
Security General Insurance Company Limited (SGICL) has been providing non-life insurance services since 1996, serving key industries such as power, textiles, cement, steel, and automobiles. It also supports a broad range of commercial, microfinance, and agriculture banks with tailored insurance solutions.
Adamjee Insurance
Company Limited
Pakistan's largest general insurance company (Non-Life), providing coverage for motor, fire, marine, and miscellaneous risks, with a strong regional presence including the UAE.
Adamjee Life Insurance
Company Limited
A prominent life and health insurance provider, offering unit-linked, traditional, and family Takaful (Shariah-compliant insurance) products to secure customers' financial futures.
MCB Islamic Bank
Limited
A wholly-owned subsidiary of MCB Bank, this institution offers a complete range of Shariah-compliant banking products and services for corporate, SME, and retail customers.
MCB Investment
Management Limited
An Asset Management Company (AMC) and Pension Fund Manager that manages a diverse portfolio of open-end mutual funds and pension schemes for institutional and retail investors.
MCB Exchange Company
(Private) Limited
A wholly-owned subsidiary of MCB Bank focused on facilitating foreign currency exchange, international remittances, and other authorized money transfer services.