MCB Bank : Text of Advertisement Prior to Publication - Credit of Second Interim Cash Dividend (D-82) 2023
August 24, 2023 at 05:59 am EDT
CREDIT OF SECOND INTERIM CASH DIVIDEND (D-82) 2023
The shareholders are informed that Second Interim Cash Dividend (D-82) @ 70% i.e., PKR 7.00 per share as declared by MCB Bank Limited (the "Bank") for the year ending December 31, 2023, has been credited directly into the respective bank accounts designated by shareholders who have provided copies of their valid CNIC/ NICOP/ NTN/ Passport as well as complete details of IBAN (International Bank Account Number) (requisite information).
As per SECP regulations, the Bank has withheld the above mentioned Second Interim Cash Dividend (D-82) of shareholders who have not yet provided the above mentioned requisite information.
Further, Central Depository Company of Pakistan Limited ("CDC") has developed Centralized Cash Dividend Register ("CCDR"), as eServices web portal which incorporates details pertaining to cash dividends; either paid, unpaid or withheld; by the listed companies. The CCDR helps to maintain history of dividends paid to shareholders by the listed companies and provides access of all such information to the respective shareholders. The web portal facilitates the shareholders of the listed companies in retrieving details of cash dividends from centralized register and using the same for their record purposes.
Shareholders may access CCDR viahttps://eservices.cdcaccess.com.pk.In addition, the Dividend / Zakat & Tax Deduction Report can also be obtained directly from your Participant (Stock Broker) which has been provided to them on their CDS terminals. Moreover, you will also receive a copy of this report on your provided/ registered email addresses.
In case of non-receipt of dividend(s), the shareholder(s) may contact the Share Registrar and Transfer Agent of the Bank through written request containing his/her Folio/CDC Account Number. The payment of withheld dividend(s) will be made electronically within 15 days of receiving the above mentioned requisite information.
Acting Company Secretary
August 25, 2023
MCB Bank Limited
MCB Bank Ltd. published this content on 24 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 09:58:07 UTC.
MCB Bank Limited (the Bank) is a Pakistan-based banking company. The Bank's segments include Retail banking, which includes retail lending and deposits, banking services, cards and branchless banking; Corporate banking, which offers loans, deposits, project financing, trade financing, investment banking and other banking activities; Consumer Banking, which includes consumer financing activities and offers credit cards, auto loans, housing finance and personal loans to individual customers; Treasury, which offers fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives for hedging and market making, and International Banking, which offers loans, deposits, project financing, trade financing, investment banking and other banking activities by its overseas operations. The Bank operates approximately 1,431 branches within Pakistan and eight branches outside Pakistan. It operates in Pakistan, South Asia and Middle East.