MCB Bank Ltd proudly inaugurated its first Wholesale Branch Banking operations in Dubai, recently at the Armani Hotel. The event was inaugurated by Finance Minister Ishaq Dar and was attended by Sheikh Nahyan Mubarak al Nahyan and several local as well as international dignitaries.
MCB Bank Limited has leaped boundaries by marking its international footprint in the international market via its presence in Dubai, UAE. With its first Wholesale Banking branch in the UAE, it has customised business products, which include business accounts as well as finance and trade. The services provided will cater to the booming business community of UAE, and will contribute towards further expansion and growth amidst this flourishing economy.
The President of the Bank, Imran Maqbool while speaking on the occasion said, "On the International front, we have a solid business strategy, long-term commitment and a positive future outlook. We would like to capitalise on MCB's balance sheet strength, our strategic alliance with May Bank (covering ASEAN countries) and our presence in Sri Lanka to bring scale and diversity to service growing trade/remittance business with UAE. We are exploring business opportunities in Tanzania, Afghanistan, China and other regional economies to successfully navigate international expansion."
Sheikh Nayhan Mubarak al Nahyanwelcomed the opening of the leading Pakistani bank branch in Dubai and said, "It would be a good addition to the extensive and vibrant local and international banking network in the UAE." Finance Minister Ishaq Dar was then invited to share his observations and thoughts regarding this landmark moment. In his message he remarked that, "The establishment of an MCB branch in Dubai would provide quality banking services to the large Pakistani community as it would help them send their remittances and avail other banking services."-PR
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