(NATIONAL): NBP, PASDEC sign MoU to bolster Marble and Granite sector

KARACHI:A Memorandum of Understanding (MoU) has been signed between National Bank of Pakistan (NBP) and Pakistan Stone Development Company (PASDEC) for collaboration between the two organizations for development and promotion of the Marble and Granite sector of the country and undertaking outreach and engagement initiatives. Under the MoU, both organizations will collectively pursue opportunities for provision of Read More…

NBP Maintains Profit Growth After-tax Profit up by 11% YoY

Islamabad, October 27, 2016 (PPI-OT): Meeting of the Board of Directors (BoD) of National Bank of Pakistan (bank) was held on October 27, 2016 at Bank’s Head Office in Karachi in which the BoD approved the financial statements of the bank for the nine months period ended September 30, 2016.
Bank’s after-tax profit for the nine months period increased by 11% to Rs. 13.4billion compared to Rs. 12.1 billion for the Read More…

National Bank of Pakistan profit increases by 25percent

Islamabad, August 26, 2016 (PPI-OT): Meeting of the Board of Directors (BoD) of National Bank of Pakistan (bank) was held on August 26, 2016 at Bank’s Head Office in Karachi in which the BoD approved the financial statements of the bank for the half year ended June 30, 2016.
Bank’s after-tax profit increased by 25.3% to Rs.9.5 billion compared to Rs. 7.5 billion for the corresponding period of 2015. This translatRead More…

National Bank of Pakistan’s notice of 63rd annual general meeting

Karachi: We enclose a photocopy of the Notice of the 63rd Annual General Meeting of National Bank of Pakistan (NBP) to be held on Fr Way the 30th March 2012 at 10:30 A.M. at Bali Room, Pearl Continental Hotel, Karachi, for circulation amongst your members.
The enclosed notice is being published on Friday the 9th March 2012, in the newspapers.
Notice of 63rd Annual General Meeting
Notice is hereby given that the 63rd Read More…

National Bank of Pakistan’s Resignation of Mr. S. Ali Raza, Chairman Board of Directors of NBP

Karachi: We have to inform you that in terms of Notification No. F.1 (8) Bkg. – 111/2000-571 dated 5-3-2012 the Federal Government has accepted the resignation of Mr. S. Ali Raza, Chairman Board of Directors of the Bank with immediate effect.
You may please inform the members of your Exchange accordingly.
For more information, Contact:
National Bank of Pakistan
2nd Floor, I. I. Chundrigar Road, Karachi
Ph: 99212224Read More…

National Bank of Pakistan’s Resignation of Mr. S. Ali Raza, Chairman Board of Directors of NBP

Karachi: We have to inform you that in terms of Notification No. F.1 (8) Bkg. – 111/2000-571 dated 5-3-2012 the Federal Government has accepted the resignation of Mr. S. Ali Raza, Chairman Board of Directors of the Bank with immediate effect.
You may please inform the members of your Exchange accordingly.
For more information, Contact:
National Bank of Pakistan
2nd Floor, I. I. Chundrigar Road, Karachi
Ph: 99212224Read More…

National Bank of Pakistan’s Resignation of Mr. S. Ali Raza, Chairman Board of Directors of NBP

Karachi: We have to inform you that in terms of Notification No. F.1 (8) Bkg. – 111/2000-571 dated 5-3-2012 the Federal Government has accepted the resignation of Mr. S. Ali Raza, Chairman Board of Directors of the Bank with immediate effect.
You may please inform the members of your Exchange accordingly.
For more information, Contact:
National Bank of Pakistan
2nd Floor, I. I. Chundrigar Road, Karachi
Ph: 99212224Read More…

National Bank of Pakistan Announces Profit and Payout for the Year 2011

Karachi: Board of Directors’ of National Bank of Pakistan in their meeting held on March 6, 2012 at the bank’s Head Office Karachi approved the Financial statements of the Bank for the Year ended December 31, 2011 and announced a payout of 10% Bonus shares and 75% (Rs.7.50 per share) cash dividend to the share holder’s as final dividend for the year 2011 which translates into payout ratio of 81.18%.
Pakistan’Read More…

National Bank of Pakistan‘s Financial Results for the Year Ended December 31, 2011

Karachi: We have to inform you that the Board of Directors of National Bank of Pakistan (NBP) in its meeting held at 10:00 A.M. on Tuesday the March 06, 2012, recommended the following subject to MoF, GoP approvals:
i) Cash Dividend
A final Cash Dividend for the year ended December 31, 2011 at Rs. 7.50 per Share i.e. 75%.
And
ii) Bonus Issue:
It has been recommended by the Board of Directors to issue Bonus Shares in Read More…

Core Banking Application Implementation on Track

Karachi: NBP has selected Fidelity Information Service’s CBA system which is globally used software system designed for large banks with transaction size of over 500, 000 per day.
Being the largest bank of the country it is NBP’s top most priority to automate the Bank’s operations in the wake of fierce competition. The quality of service to gain customer efficiency is defined by the shortest possible response tRead More…