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| Muslim Commercial Bank ltd @ Dangerous & Worst employer |
Since privatization of MCB Bank Ltd in the year 1992 intentionally by Mian Nawaz Sharif government according to well-planed agenda to own a bank to finance its financial activity and establish its empire to rob the Pakistani people . Through a fraud deal it was awarded to Main Mansha to share bank profits evenly. Before that both main’s were not in such a sound financial position to run and own a bank independently, through MCB Bank where public deposit their saving with trust of safety. These cluster of deposit are used by mian mansha group they also extend loan facilities to their friends to finance their business.
It is most unfortunate that mian mansha has the sole-power and authority to approve any loan above rupees Ten Million, as in practices he mostly reject loan application of competitor group request for finance. In the election of 2013 mian Nawaz sharif was running its presidential election campaign and finance were provided by mian mansha and his group and both were seen sitting together.
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| Mian Mansha active during Mian Nawaz sharif election campaign 2013. |
Most of top senior MCB Bank Ltd Management were appointed under political influence of Nawaz Sharif, therefore bank is purely controlled by Chinioti Business Family or anti Pakistani Kashmir's with their own interest and agenda against people of Pakistan and channelizing their power through MCB Bank Ltd. reason day-by-day MCB Bank Ltd is losing their popularity in Pakistan. The current position bank is enjoying was establish and created over period of 68 year of Memons ownership.
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| Mian Mansha @ proxy of Nawaz Sharif Biggest frauder & Robber of Pakistan people |
1-In Past Several Gulo- Butt’s were Appointed In Mcb Bank Ltd
If you review MCB Bank Ltd appointment history before nationalization Muslim Commercial Bank was symbols & Icon of Muslim world for accepting and new economic changes and being modernize. The day Bank fraud/misleading management decide to change its historical name since the day it was established in former East Pakistan (Bangladesh) to MCB Bank Ltd that is abbreviation of Mian Mansha Commercial Bank ltd in a fake reason to enlist the name of bank in the London GDR.
Before Nationalization (1970’s) MCB Bank was owned and operated by Memon Community beside that majority of industrial units before nationalization owned and operated by Memon Community, in pre-designed strategy the Kashmir’s Mian Brothers Family and Chinioti Mian Mansha Family decide to destroy Pakistan and its economy these are the family who decide to rob the Pakistani people.
Currently MCB Bank Ltd top management is of Chinioti (ruthless anti Pakistani & robbers) Punjabi throughout Pakistan and bank is totally operated on racial discrimination where
chinioties /Punjabi are in power to rule over other lower cadre Pakistani national employees and consider them brainless/less-intelligent and threat to MCB Bank Ltd.
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| MCB House & MCB Tower Top Officials @ Gullo But of Nawaz Shairf |
2- Work Over-load/Shortage of Staff at Branch end, MCB Bank Ltd is the bank were staff turnover ratio is high and MCB Bank Ltd Official does not respect staff and his dedication to work, upon resignation they do not retain staff, MCB Bank Ltd Hume Resource Department is totally work as per the discretion/Recommendation of Regional Office, in Branch they pressurize staff to sign their work/assignment JD unfortunately in reality staff have to work on behalf of other management blue-eyed employee/spy with in same grade & pay. God forbid if some mistake occurred then the multitasking staff is considered as escape goat of others.
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| MCB Bank Ltd staff under work over load/ improper work distribution |
3- Unfair employee performance reward policy, MCB Bank Ltd has quota system in term of reward policy to its employee, regional offices are in practice affix fake employee signature on their ACR's (Annual Confidential Report) annual appraisal, those staff who are informer/spy are rewarded most and those employee who make payment/advance to regional staff personal expenses are most appreciated, but soon as any inquire arise regional staff do no support such kind of staff.
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| MCB Bank Ltd has worst Employee reward policy |
.jpg "MCB Bank Ltd has quota system in employee reward policy & discriminating annual performance appraisal.") |
MCB Bank Ltd has quota system in employee reward policy & discriminating annual performance appraisal.
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4-unfavorable working Condition and Environment, most of branches have LG split air conditioner, these obsolete and non performing air condition brand is purchased under over-price invoicing with involvement of their GSD (General Services Division), because of this 80% of city branches have hot-environment, no proper seating arrangement is available in branches out of date equipment and no proper lights are provided in branches, cash counter are not renovated when they need immediate renovation to cater customer services. Staff does not have proper IT equipment and majority of branch remain off-line and customer are deprived from their own money.
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| Muslim Commercial Bank @ un-conducive working condition & Environment |
5- No Proper training provided before assign new job/assignment to staff. MCB Bank Ltd has its own staff college but unfortunately these staff college are not providing up-to mark training and supportive material, most experience employee are not called to trained the new staff because most of the staff are notable to speak English fluently and are scared to give training, in fact new appointed employee are not given banking application knowledge properly and they are deputed to branch to learn from branch staff.
Bank Bible is its operations manual, it is the approved mechanize for bank operation approved from state bank of Pakistan to protect the account holder interest. But staff are not taught about the bank operation knowledge, therefore new staff makes mistakes and ends ups in police or FIA inquiry and at last jail custody.
6-Lack of supervisory control, this is very alarming that, such a big bank does not have proper supervisory control over its banking application/enforcement of its SOP's, at branch end staff are sharing password, there is no proper implementation of State Bank of Pakistan clean note policy. Most of the time current saving in charge (Teller Service Supervisor) reject account holder signature and do not pass the cheque in fear and customer has to face difficulties to get their money back, no proper implementation on financial limit or singing and pass schedule (refer to bank operational manual for further clarification).
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| Muslim Commercial Bank Does Not provide proper Cash handling Training to their TSO Officer Grade IV |
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| Muslim Commercial Bank Ltd has less concern for junior Staff |
8- No proper legal support or coverage for staff during inquiry by bank management as well as management restrict other bank staff not guide and support under investigation staff (each mistake done by staff bank consider it fraud without giving any benefit of doubt. staff family is on the mercy of bank official personal favor/discrimination judgment and no job surety afterwards.
.jpg "Muslim Commercial Bank Ltd has highest Number of his arrested Officer in Special banking courts of Pakistan") |
MCB Bank Ltd has highest Number of his arrested Officer in Special banking courts of Pakistan
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9-Lack of interdepartmental coordination specially between head-office/Regional Office and GSD (General Services Division, and the staff deputed at head office and regional office consider themselves "God".
10-Mostly General Managers are from Advances/credited banking segments, past track record proved that only General Manager from Branch operation side were very successful, because staff deputed in operation are in constant in-touch with public (account holders) and staff by this they develop excellent analytically skills, in contradiction General Manager from credit side run the bank affairs as per poor guidance of regional office Assistant/clerks and end in financial crime..
11-No support from Branch Office/Regional officer/ Head officer for staff loans process and approval for staff financial needs, where-as before privatization staff all financial schemes and benefits where stopped by bogus anti staff chairman it is nominated puppet CBA.
12- Continuous decline in staff provident funds profit scheme, before privatization it was 40% p.a now it is 14% , whereas the financial facilities far-less then other major 3 Banks.
13-In case of bank robbery, Branch own staff is arrested upon complain of Muslim Commercial bank Ltd to reclaim for insurance, staff have to face individually police/CIA inquiry where law enforcing make the staff to site outside their room and have to wait in punishment for unbearable hours.
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| MCB Bank Ltd do not provide legal support to his employee, Instead lodges FIR against them for insurance claims |
14-Cold-war/professional rivalry between nonperforming senior staff and new joiners to prove new hiring was wrong. these no performing and liability on Bank staff are the one's who are more familiar with customer and bank system by channelizing their senior and experience they create working hurdles and de-motivate new joiner to leave the bank and choose another profession so bank management could give importance to them and provide job security to them, in fact most of them do not know how to use computer and how to handle official emails and how to draft official letters, these senior staff are the once creating mess for bank brand images and brand loyalty.
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| MCB Bank Ltd senior Staff create hurdles for newly appointed officer |
15- Cashier are directly deputed on cash counter without any hands on training that's is why these innocent cashier TSO OG-IV end up in jail after making minor mistakes, this is the responsibility of the Bank to provide proper training to this new joiner where they are surrendering their whole life and education in the fraud bank management who are least bother about them for just Rs. 14,000 to 18,000/month upon complaint of MCB bank Ltd. The TSO Officer Grade IV was created due to pressure of state Bank Of Pakistan (regulator) not to depute any contractual (third Party Out sources) employee to cash department where account holder financial dealing and position are accessible to them
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| MCB Bank Ltd newly appointed cashier are directly deputed on cash counter, consequently they can not judge the fake note |
16-Branch Managers/other staff are making commission (Self benefit) on exchange of customer money, Branch Manager or cashier / any bank staff try to trap the customer not to go over money exchange agent/company instead the try to facilitate the customer with-in branch premises and try to scare customer that he will be looted on this way to money exchange agent, and assure customer that bank is the most safe place to convert/exchange his foreign currency.
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| MCB Bank ltd staff are charging commission from customer for exchange of his foreign currency. |
in these transaction branch manager of bank staff call his money exchange company/agent and charge his cut on agent as well as customer side, its depend on how customer smart and well aware of situation.
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| MCB Bank Ltd Branch Manager are charging foreign exchange conversation commission , extra income can be upto Rs.10,000 to 100,000/ month. |
specially in the month of Ramadan state bank of Pakistan supply fresh currency note to be distributed among general public on Eid ul fitar @ eid ul azha. unfortunately whole bank employee as well as executive are involved even different department have their own quota, they do not give these new fresh currency note to general public instead cash sell their quota to money dealer at higher rates, and at first most trouble making customer and top worth customer are invited to submit their requirement,
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| MCB Bank Ltd staff sale the new currency notes & do not distribute among general public |
17-Branch and Regional staff jointly involved in money making business in the name of repair and maintenance of branch premises/fake outsourcing of work and over pricing of bills are passed according to financial limits in coordination and to facilitate their own financial need, specially in purchase of petrol/diesel for generators/fixture and fittings/furniture/bank stationery/equipment.
18-Useless stationery /IT equipment/ security stationary are provided to branches by company owned by Head officer executive at higher rate than market prevailing rates. Staff deputed at MCB stationary go-down are involve in theft of bank assets which were parked for safe custody. due to out dated equipment's and staff are not familiar with operation of these connection devices, branches remain offline and account holder are deprived from their own money to be withdrawn when they needed most. Because of this many account holders have shifted to other private banks for their financial need.
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| Muslim Commercial Bank Ltd has outdated Technology |
19-Branch's located in city areas are forced to purchase drinking water from Bank executives company, violation of its business code of ethics.
20-Many outsources companies working for MCB Bank Ltd are owned by Serving Executives in Head office and are looting the bank and its resources, it is direct loss to shareholder and their earning per share/ profits.
21-Unfavorable working condition and environment for female employees most of the time Branch managers or operations manages/others staff sexual harass female coworkers and pressurized female staff for sexual relationships and late sittings.
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| MCB Bank Ltd has worst working condition and environment |
22- Bank senior management till branch end are mostly involve in illicit liquors/drugs/ prostitution /lobbying in local guest house/farm houses and are affiliated and run any cartel with local businessmen
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| Muslim Commercial Bank Top Management are involved in Dance Parties & Prostitution |
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| MCB Bank Ltd majority of official are in involve in gambling/Liquor/Prostitution |
23- After any incident in term of financial loss to bank or customers, Bank is in practices to consider it fraud with bank and register FIR against its on staff for the benefit of claim and later report to tax authorities as write off to allow them tax relaxation.
24-Bank has relationship with local mafia/criminals to pressurize its customer for recovery of funds.
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| MCB Bank Ltd has ties with local criminal /mafia & use them for recovery agent |
25- The appointment of President is purely politically based depended on the ruling parties or the connection of president having with bureaucracy and establishments.they are personally appointed by frauder chinioti chairman Mian Mansha bookkeeper of Mian Nawaz shairf proxy. Both Mansha and Nawaz Sharif are anti Pakistani's are looting public of Pakistan as they own and have monopoly in textile ,Cement , Steel, Poultry,Banking,Paper Mills, Independent Power Plants, other industries, they are the major beneficiary of petrol & Gas Sectors. as Usual President are just to fool the Pakistani.
26-Most of the Branches infrastructures do not have any emergency fire exit for its staff and customers. during the incident of Benazir Bhutto Death suddenly riots erupted in whole Pakistan while this riots were in progress no alert or emails were sent to branch to protect and safe guard the Bank employee trapped in branches, 40 Branch's were burnt and employee were not aware of political & law and order situation out side.
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| Muslim Commercial Bank's President Imran Maqbool Brother of Ex Govern Punjab General Khalid Maqbool |
27. House Loan is given to staff after 5 years of services upon markup of 6%, upon completion of impossible documentation formalities and expenditure of thousands of rupees.
28. Car Loan and Motorcycle loan is given @ 7% upon services of 3 years.
28. Car Loan and Motorcycle loan is given @ 7% upon services of 3 years.
29. No pension plan for staff, no surety of payment of gratuity and PF upon retirement instead senior staff are purposely blamed and are charged for no crime due to heavy end of services payments.
30. Very difficult/ painful as well as full of hassles Medical coverage and claim settlement process, group insurance and other medical coverage is arranged by adamjee also owned by mian mansha.
30. Very difficult/ painful as well as full of hassles Medical coverage and claim settlement process, group insurance and other medical coverage is arranged by adamjee also owned by mian mansha.
31. Majority of branch staff are not well qualified and belong to outskirts lower & Middle social class and mentality and family background and under privileged.
32. Branches internal audit and its rating done by regional staff upon their mutual agreement of financial benefits.
33. Regional authorities are involved in taking bribe/ for the appointment or for the approval of any unauthorized expenses, branch managers are asked to extend the loan for their urgent financial need.
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| MCB Bank Ltd Middle & Senior Management are involved to take bribes/loan from branch staff & Black mail them |
34. Huge Bonus/ annual increments / other financial benefits are extended to ROM/RM/GM/Group Heads in several million to each of them.
35. Shortage of staff in branch and same branch staff are forced to do multitasking in contradiction of bank own Standard operating procedure where each staff have to sign his Job description and will only be answerable to assigned /delegated work.
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| MCB Bank Ltd has highest staff shortage in Branch /Regional Office |
36. GSD (General Service’s division) is taking bribe from vendors and supplying sub standards material and services under over price invoicing. special in Karachi branch of Gulshan e Hadeed was purchased around for Rs. 40 Million whereas its actual prices is not more then 6 Million highest corruption by bank top management and inflict and showing losses and not paying shareholders their right amount of profit and dividends.
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| Muslim Commercial bank GSD department is involved in bribe & kick backs from vendor on each purchase |
37. Business Head and General Manager and other top official consider themselves God and do not shake hand with staff and do not talk for their grievances in branch.
38. MCB Bank male and senior staff are therkee (sexually desperate) for girls stalking , that's not all they harass and abuse female employee and take advantage out of them sexual as well as verbally by talk dirty in-front of them, and pressurize them have beyond limit affairs. Regional Office and branches are in practices and hold the female staff for late hours and there is no certain female working policy in MCB Bank Ltd, neither have any day care center for female staff working in head office/regional offices.
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| Muslim Commercial Bank Ltd has highest reported cases of Sexual Harassment |
39, Muslim commercial Bank Ltd has highest Case in Banking courts registered by Federal Investigation Agency (FIA) against its own staff, it is first bank register its complaint against its own staff to claim the insurance claim. Even staff is not involved they bribe from expenses to FIA people to arrest its own staff as punishment.
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| MCB Bank Ltd has Highest employees fraud cases in Special Banking courts |
40. Many Case where staff has done any mistake , a meeting is called between General Manager+Regional Head+Regional Operation Manager+ Audit team and one person is pointed out for the punishment as escape goat, this the person who does not have any political affiliation neither have any relative at government position
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| MCB Bank Ltd consider every mistake a fraud intention and penalize its employee |
MCB Bank Ltd has 90% of its staff working at its branch end and remaining 10% at regional office and head office. Staff following are the reason why a well educated person should not work in MCB Bank Ltd.
41. Food served in MCB Tower canteen seems blow the quality served in central jail and insufficient quantity and staff have to stand in long-ques to get their meal/lunch not in subsidies rates. kitchen is totally unhygienic. Dish washing staff is very dirty and cleaning the plates with dirty & contaminated water, half of the staff have to wait till other halves of staff finish their lunch so plates and spoon get free to be served, some times staff run and grab the spoon and plates and fight over it, this meal area become was zone. this is actual picture of MCB Bank Canteen located @ 5th floor.
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| MCB Bank Ltd Staff Canteen @ 5th floor, Staff in ques lunch to be served pic 1 |
In same MCB Bank Ltd canteen hoodlum/badmash/punter member of workers union CBA are served with high respect and there is separate tables and serving mechanize and the member of workers union and other Top management also take parcel of launch (take away home for their families@ home.
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| MCB Bank Ltd Staff Canteen @ 5th floor, Staff in que lunch to be served pic 1 |
42. EOBI pension plan start after completion of 13 years of services and will be paid Rs.3000/month.
43. Salary/pay-scale is not market competitive & their is discrimination in salary package offered in-comparative with other privatized 3 banks, their is one example of AVP Cso getting Rs.100,000/- Plus salary.
.jpg "MCB Bank does not have market competitive salary grid") |
| MCB Bank does not have market competitive salary grid |
44. MCB Bank Ltd Top and Middle management are hardliner believer and practitioner of Racism discrimination and people other then Kashmirs & Punjabi are treated less privileged.
.jpg "MCB Bank Ltd is highly racism discriminating employer") |
| MCB Bank Ltd is highly racism discriminating employer |
45 Upon retirement /resignation staff end of services benefits are settled until days and beyond
46. Upon resignation Line manager & regional office do not process the resignation as per Bank TAT of 18 days, instead Line manager/Regional create hurdles and make unnecessary delay and try to frustrate employee not to give resign they try to convert it into disciplinary-action and tries their best to stop/deducted his last salary and end of services benefits.
47.MCB bank Ltd Audit department south, is the gang of killers they are the people who as per bank policy report to chairman only, these audit team members have highest death rates among them, they blackmail staff and come up with their own rules instead of bank policy under the term “practices”. In fact there is no such practice there is only approved law (operations manual) from regulator.
Some of these auditor Mir. Arshad , Naregjo’s , Musharaf/ Mustafa become mental & physically disturbed , they act and consider themselves FIA (Federal Investigation Agency ) agent, and MCB Bank Ltd is in practice to retain & abducted it is own employee or uncertain period beyond banking hours and force them to write statement in front of them and according to them (to write its own death warrant self-confession) and later they decide at their own against banking law, to trap some innocent employee how does not have resource to overcome their trap.
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| Allam Iqbal Mother's warning for Bank Job & Bank Salary |
