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MarketScreener Homepage  >  Equities  >  STOCK EXCHANGE OF MAURITIUS LTD, THE  >  MCB Group Ltd    MCBG   MU0424N00005

MCB GROUP LTD (MCBG)
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MCB Bank : Appointment of Chief Financial Officer of MCB Bank Limited

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09/20/2018 | 05:59am CEST

MCB Bank Limited informed Pakistan Stock Exchange that Mr. Hammad Khalid has been appointed as Chief Financial Officer with effect from September 18, 2018 in place of Mr. Salman Zafar Siddiqi.

The announcement is available at:

https://www.psx.com.pk/notices-updates/detail2.php?0.17797577259929653&id=4&nid=118183

MCB Bank Limited was incorporated in Pakistan on July 9, 1947. MCB bank was nationalized in 1974 as pat of Government of Pakistan's economic reform movement. It was later privatized to Nishat Group in 1991. The bank has a domestic network of over 1208 branches, 27 Islamic banking branches and over 690 ATMs across Pakistan. It is also recognized and traded on the international markets. The bank has been acknowledged and awarded by Euromoney, MMT, Asia Money, SAFA (SAARC), The Asset and The Asian Banker. The ordinary shares of the bank are listed on Karachi, Lahore and Islamabad Stock Exchanges within Pakistan whereas its global depository receipts are traded on the international order book system of the London Stock Exchange. The registered office of the bank is located in Lahore.

The bank is engaged with commercial banking and related services. The entire MCB Group includes MCB Financial Services Limited, MNET Services Private Limited, MCB Trade Services Limited, MCB- Arif Habib Savings and Investments Limited and MCB Leasing Closed Joint Stock Company.

The symbol "MCB" is being used by the stock exchanges for the shares of MCB Bank Limited.

© Pakistan Press International, source Asianet-Pakistan

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Financials (MUR)
Sales 2018 13 033 M
EBIT 2018 9 392 M
Net income 2018 6 819 M
Debt 2018 -
Yield 2018 3,58%
P/E ratio 2018 8,98
P/E ratio 2019 8,69
Capi. / Sales 2018 4,85x
Capi. / Sales 2019 4,49x
Capitalization 63 254 M
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 2
Average target price 320  MUR
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Pierre-Guy Noël Chief Executive Officer & Executive Director
M. G. Didier Harel Chairman
Kishore Sunil Banymandhub Independent Non-Executive Director
Gilbert Gnany Executive Director & Chief Strategy Officer
Navin Hooloomann Independent Non-Executive Director
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