KARACHI: The branch network of the Meezan Bank Limited (MBL) in Pakistan would cross the figure of 300 by the end of March.
This was stated by the Chairman of the MBL Board, Sheikh Ebrahim Bin Khalifa Al-Khalifa while talking to media men at a local hotel on Monday.
Sheikh Ebrahim pointed out that the MBL's current number of branches is 275 in 83 cities in Pakistan.
"We should Inshallah cross 300 branches by the end of this March and hopefully we would continue to expand accordingly", he further remarked.
Sheikh Ebrahim stated that the MBL has a massive development in its IT sector and the `Shariah-based' products.
He pointed out that the MBL has great confidence in the financial sector in Pakistan.
"We are keeping the capital adequacy ratio at the highest level so that we can accommodate the maximum deposit growth from our side", the Chairman of MBL Board informed.
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