Complex sentence: In 2005, the management of the bank abbreviated its name from Muslim Commercial Bank Limited to MCB Limited to explore international markets; they were facing resistance due to the word "Muslim" specially from Western Countries to avail license.
Split into simpler sentences: In 2005, the management of the bank changed its name from Muslim Commercial Bank Limited to MCB Bank Limited (MCB). The reason was to explore international markets as they were facing resistance specially from Western Countries to avail license.