# MCB Bank Pakistan

> Source: https://docs.barcoder.ai/docs/wallets/mcb-pakistan
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [MCB — official](https://www.mcb.com.pk/)

## Overview

**MCB Bank Pakistan** is **PSX: MCB** + **Pakistani commercial bank** + **Nishat Group Pakistani conglomerate Mian Mohammad Mansha family ~30%+ controlling** + **one of Pakistan's largest commercial banks by assets** + **~11M+ Pakistani MCB customers** <sup>[1][1], [Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup>.

## History

**Jul 9 1947 — Muslim Commercial Bank founded in Calcutta India**.

**1948 — Muslim Commercial Bank Karachi Pakistan relocation**.

**1974 — Muslim Commercial Bank nationalised by Pakistani government**.

**1991 — MCB privatised + Nishat Group Mian Mohammad Mansha family acquisition**.

**2014 — MCB Live mobile banking app launch**.

## Ownership & operator

**Operating entity**: **MCB Bank Limited** (Pakistani commercial bank; PSX: MCB).

**Major shareholders**: **Nishat Group (Pakistani conglomerate; Mian Mohammad Mansha family controlling) ~30%+ controlling + Pakistani retail + institutional + foreign investors free float**.

**Regulators**: **SBP State Bank of Pakistan + national regulators across 6+ countries**.

## Technical integration

MCB Live mobile app (iOS + Android; ~11M+ Pakistani MCB customers) + mcb.com.pk online + MCB Bank branch network across Pakistan + UAE + Bahrain + Sri Lanka + Australia + UK international branches + MCB Visa + Mastercard cards; PK IBAN + Raast + Pak-QR.

## Implementations & partners

**Major Pakistani banking + payments competitors**: [Habib Bank Limited (HBL)](https://docs.barcoder.ai/docs/wallets/habib-bank-pakistan) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + [UBL United Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/ubl-pakistan) (United Bank Limited UBL; PSX: UBL) + [Allied Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/allied-bank-pakistan) (Allied Bank Limited; PSX: ABL; Pakistani commercial bank) + [Meezan Bank](https://docs.barcoder.ai/docs/wallets/meezan-bank) (Meezan Bank; PSX: MEBL; Pakistan's largest Islamic bank by assets) + [Askari Bank](https://docs.barcoder.ai/docs/wallets/askari-bank) (Askari Bank Limited; PSX: AKBL; Pakistani commercial bank) + [Bank Alfalah (Alfa App)](https://docs.barcoder.ai/docs/wallets/bank-alfalah) (Bank Alfalah; PSX: BAFL; Pakistani commercial bank) + [Faysal Bank](https://docs.barcoder.ai/docs/wallets/faysal-bank) (Faysal Bank; PSX: FABL; Pakistani Islamic bank) + [Easypaisa](https://docs.barcoder.ai/docs/wallets/easypaisa) (Easypaisa; Telenor Pakistan + Ant Group JV mobile money + bank; Pakistan's largest mobile money platform) + [JazzCash](https://docs.barcoder.ai/docs/wallets/jazzcash) (JazzCash; Mobilink/VEON Pakistani mobile money) + [SadaPay](https://docs.barcoder.ai/docs/wallets/sadapay) (SadaPay; Pakistani digital wallet) + [NayaPay](https://docs.barcoder.ai/docs/wallets/nayapay) (NayaPay; Pakistani digital wallet).

**Regulators**: SBP State Bank of Pakistan + national regulators across 6+ countries.

## Status

**Active, PSX:MCB + Pakistani commercial bank + Nishat Group Pakistani conglomerate Mian Mohammad Mansha family ~30%+ controlling + one of Pakistan's largest commercial banks by assets + ~11M+ Pakistani MCB customers** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.mcb.com.pk/ "MCB — official"
[2]: https://en.wikipedia.org/wiki/MCB_Bank_Limited "MCB — Wikipedia"
[pk-cro]: https://docs.barcoder.ai/docs/payments/PK

- [1] [MCB — official][1]
- [2] [MCB — Wikipedia][2]
- <sup>[Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup> In-corpus: `reports/countries/PK-pakistan.md`

## Source

Biography extracted from [mcb-pakistan.md](https://docs.barcoder.ai/source/wallets/mcb-pakistan). See `matrix.md` for standards-support matrix if present.