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MCB Group was created by MCB's shareholder with the aim of separate the banking and non-banking operations and raise capital in order to position itself for future growth. [5] [6] During the restructure, shareholders of MCB exchanged their MCB shares for MCB Group shares on a 1:1 ratio and the various subsidiaries previously held by Mauritius ...
In 2009, the group sold the bank to Suroor Investments for Rs. 2.7 billion (US$32.5 million) which then merged with Atlas Bank and Mybank to form Summit Bank. In 2010, the group merged its investment arm, Arif Habib Investments, with MCB Asset Management to form the MCB-Arif Habib Savings and Investments Limited.
Mercantile Credit Bank (MCB), is a Ugandan tier II financial institution licensed by the Bank of Uganda, the national banking regulator. MCB is classified as "credit institution", one of only four such institutions in this class of financial service providers in the country. As of December 2011, the bank's total assets exceeded US$6.6 million ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
Lake Estancia was a prehistoric body of water in the Estancia Valley, in the center of the U.S. state of New Mexico. Mostly fed by creek and groundwater from the Manzano Mountains, the lake had diverse fauna, including cutthroat trout. It appears to have formed when a river system broke up.
The Internet (or internet) [a] is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) [b] to communicate between networks and devices. It is a network of networks that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of ...
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