In line with MCB vision of Success Beyond Numbers and promoting sustainable practices in its financing activities, MCB Ltd has adopted the Equator Principles as voluntary signatory since 15th May 2012. Equator Principles is an internationally recognized framework, espoused by many financial institutions worldwide, for determining, appraising and managing environmental and social risks for various financing types, like project financing, etc.
This framework stands as the foundation and guiding principle of the Bank’s Environmental and Social Risk Policy, which articulates the commitment, objectives, roles and responsibilities and governance through which the Bank ensures the environmental and social risks management of its lending activities and processes, in particular regarding any eligible project or undertaking as per the financial amount or threshold defined in the scope of application of the policy.
