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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mcbride Plc | LSE:MCB | London | Ordinary Share | GB0005746358 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.50 | 3.75% | 124.50 | 124.00 | 124.50 | 125.00 | 121.00 | 125.00 | 127,776 | 16:35:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Soap And Other Detergents | 889M | -11.5M | -0.0661 | -18.76 | 215.83M |
From Jun 2019 to Jun 2024
Habib Bank Ltd. (HBL.KA) and MCB Bank (MCB.KA) Monday separately said they are interested in buying Royal Bank of Scotland's (RBS) operations in Pakistan.
In a notice to the Karachi Stock Exchange, Habib Bank said it "will soon start due diligence of Royal Bank of Scotland's operations after seeking regulatory approvals from the State Bank of Pakistan."
MCB Bank told the stock exchange that it will approach the central bank for approval.
Analysts said the successful bidder would get access to RBS's clients in Pakistan, which are spread across 80 branches in 24 cities.
"In case Habib Bank buys Royal Bank of Scotland's operations, the entity will become the number one bank in terms of deposits and assets, surpassing National Bank of Pakistan," said Mohammad Sohail, a Karachi-based independent economist.
Habib Bank is currently the second-largest Pakistani lender by assets, followed by MCB Bank.
As of December 2008, RBS had deposits worth PKR79 billion and outstanding loans worth PKR68 billion.
RBS had in February announced a three- to five-year plan to dispose of non-core assets. It had identified its Asia assets as well as a number of businesses related to the loss-making global banking and markets unit for sale.
-By Haris Zamir, contributing to Dow Jones Newswires; 91-11-4356-3311; neelabh.chaturvedi@dowjones.com
1 Year Mcbride Chart |
1 Month Mcbride Chart |
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