Karachi: Meezan Bank has been awarded Pakistan’s ‘Best Islamic Bank’, ‘Best Islamic Retail Bank’ and ‘Best Islamic Trade Finance Bank’ by Asset Triple A Awards, Hong Kong. The Bank has also been awarded, ‘Best Highly Commended Islamic Deal – Pakistan’ as a Joint Lead Advisor and Arranger for Pakistan Mobile Communications.
This is the third consecutive year in which Meezan Bank has been awarded Best Islamic Bank in Pakistan and Best Trade Finance Bank in Pakistan by Asset Triple A. These awards highlight Meezan Bank’s continuous growth and successful year of 2012 in which Meezan Bank deposits increased by 36% to Rs. 230 billion and it moved from being the 9th to the 8th largest bank branch network in Pakistan.
Meezan Bank has been consistently recognized as the Best Islamic Bank in Pakistan by various local and international institutions over the past several years including Global Finance magazine – New York, Islamic Finance News of REDmoney Group – Malaysia, Asiamoney – Hong Kong and CFA Association of Pakistan.