MCB Bank, one of Pakistan’s largest banks, has been honored with the prestigious “Best Corporate Report” Award in the Banking sector by ICAP & ICMAP in a ceremony held recently in Karachi.
This marks the seventh time that MCB Bank has received this honor by ICAP & ICMAP.
The Award was presented to Nadeem Afzal Group Head – Consumer Banking, MCB Bank Ltd, by Kashif Mateen Ansari Former President, ICMA Pakistan in recognition of the bank’s responsible reporting and transparency in sharing the economic, environmental and social performance of the Bank as per international best practices.
Speaking about the award, Imran Maqbool, President MCB Bank Ltd. said “We are honored to have won this award, which is a testament to the Bank’s commitment to Corporate Governance and Business Transparency. The Bank’s consistent recognition in this area reflects the company’s leadership in corporate reporting and our long-term value creation for all stakeholders.”
The award is primarily aimed at promoting effective communication of financial and other information by companies to their stakeholders through the publication of timely, informative, factual and reader-friendly annual reports. All the submitted annual reports are adjudged in accordance with set evaluation criteria, which is undertaken by the technical staff of both the institutes. The results are reviewed by the Joint Evaluation Committee under the chairmanship of Yaqoob Sattar.
MCB Bank, is one of the largest banks in Pakistan. The Bank operates a vast network of over 1300 branches and ATMs in Pakistan and 11 branches overseas.
MCB Bank was awarded ‘Best Bank in Pakistan, 2016 by Euromoney & Finance Asia’ and the bank continues to maintain a strong rating of AAA/A1+.