Financial Risk Manager

Ways of Financial and Risk Management

MCB has announced the signing of agreement on following terms and conditions.

Total number of shares of Royal Bank of Scotland = 1,717,930,855 (approx.)
Total number of shares of RBS acquired by MCB = 1,707,107,891 (99.37%)
Mode of Payment = Cash
Price of a share = 4.22 per share
Total Price of shares = Rs.7.200 Billion
Total Price in US $ = 87 Million
Source of funding = Internally by MCB
Total number of branches of RBS = Over 75
Total ATM Machines = 90
Total assets of RBS Pakistan = 108 Billion
Post acquisition MCB branches would be = 1139 branches
Total consolidated deposits would increase to = 413 Billion
Total consolidated gross advances would be = 324 Billion
Advisors of MCB in this transaction = Bank of America Merrill Lynch and KSB Securities
Advisors of RBS = Morgan Stanley