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Meezan Bank, Pakistan ’s first and largest Islamic bank, has been awarded ‘Best Islamic Bank in Pakistan ’ for 2009 by Islamic Finance News of REDmoney group, Malaysia .
This award brings to light a highly successful and record-breaking year for Meezan Bank, crossing Rs. 100 billion in deposits, Rs. 100 billion in trade finance (import & export) business, expanding its network to a total of 201 online branches in 54 cities across Pakistan and record profit-after-tax of over Rs. 1 billion.
The Bank offers a complete range of Islamic banking products and services including, free online banking for all Pak Rupee accounts at all its branches.
The Bank’s retail banking network is supported by 24/7 banking services that include 150 ATMs, Internet Banking and a 24-hour Call Center. The Bank has recently launched its VISA Debit card that allows its customers to shop at more than 30 million merchants worldwide and withdraw funds from their accounts from more than 1.4 million ATM’s worldwide.
Maybank which holds 20% stake in MCB Bank has shown interest to acquire Bank Islami Pakistan, the second largest Islamic bank in the country.
New Straits Times Online
Maybank, which acquired 20% stake in MCB has show interest in Islamic Banking Industry of Pakistan , through BIPL.
Strait Times