Karachi, MCB Bank Limited has declared a significant first interim cash dividend for the first quarter of the year, reflecting a robust start to 2024.

According to MCB Bank Limited, the Board of Directors, led by Chairman Mian Mohammad Mansha, met on April 24 to review the bank's performance and approved the condensed interim financial statements for the quarter ending March 31, 2024. The meeting culminated in the declaration of a first interim cash dividend of Rs. 9.0 per share, which equates to 90% for the quarter.

This announcement was detailed in a press release and marks a notable development for shareholders and the financial market, showcasing the bank's continued financial health and commitment to returning value to its investors.