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Tag: NBP

NBP, PASDEC sign MoU to bolster Marble and Granite sector

Business
Karachi, September 09, 2020 (PPI-OT): 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 access of finance to the Marble and Granite sector of Pakistan as well as endeavour to develop the export potential of the sector. Also amongst the objectives will be facilitation in knowledge programs, exploring opportunities for advisory services and evaluating potential avenues of joint venture projects to enhance local production of dimensional st...

Serving Hands Organization, Engro Foundation and National Bank of Pakistan organizes Ramadan Mega Relief Free Medical Camp

Business, General Business News
Karachi, May 28, 2019 (PPI-OT): Serving Hands Organization, Engro Foundation and National Bank of Pakistan in collaboration with Lyari Development Authority (LDA), Karachi Union of Journalist (KUJ), Pamco logistic, Khan group of companies and Universal Information System organized Ramadan Mega Relief Free Medical Camp at LDA Sales Centre near Journalist Society Hawksbay scheme 42 bl-3A to facilitate the neighbouring poor villages of Musharaf colony, Bhootni Goth, Benazir 500 Quarters scheme, Lashkari Goth etc. Honourable Dr. Badar Jamil DG, LDA inaugurated this Mega Relief Medical camp where 1200 patients were treated and Multi-National companies costly medicines were distributed free of cost by expert Doctors and medical staff. DG LDA said, this is a great effort of Serving Hands in the g...

National Bank of Pakistan, Mobi-Direct sign Agreement as consortium member and settlement bank for Mobi-Direct’s digital payment switch

Business, General Business News
Karachi, February 01, 2019 (PPI-OT): The National Bank of Pakistan (NBP), in continuation of the two MoU’s signed with Mobi Direct in August 2018 has now signed a final agreement enabling it to become a consortium member and settlement bank for Mobi Direct’s digital payment switch. As a consortium member National Bank of Pakistan will be able to use Mobi Direct payment processing and transactions switching infrastructure and shared agent network for promoting nationwide branchless banking services to provide real growth to unbanked segment of population. Under the signed agreement NBP will act as a “Settlement Bank” for Mobi Direct’s digital payment system and for its Member Institutions (consortium members) and other stake holders like utility Cos, Public Institutions Telcos etc. Mr. Tari...

National Bank of Pakistan conducts Hajj-2019 Balloting for employees

Business, General Business News
Karachi, January 23, 2019 (PPI-OT): National Bank of Pakistan (NBP) conducted Hajj-2019 Balloting for 25 employees (regular/contractual) (5 executives up to VP, 10 Officers up to Grade-I and 10 Clerical/Non-Clerical staff) for performance of Hajj-2019 on Banks expenses. NBP president Mr. Tariq Jamali, presided/CEO over the Hajj Balloting ceremony along with other executives of the Bank. A large number of representatives of unions and NBP Officers Welfare Associations were also present on the occasion. On this occasion, Mr. President Tariq Jamali congratulated all the 25 lucky employees who were declared Successful in the balloting and said that they were blessed by the Almighty Allah to perform “Fareezah Hajj”. He urged them to pray for the prosperity of the Bank and the country while visi...

Biometric Verification of NBP Account Holders/Customers under the directives of State Bank of Pakistan

Business, General Business News
Karachi, January 07, 2019 (PPI-OT): National Bank of Pakistan (NBP) has started doing the biometric verification for all its users (Personal Accounts as well as authorized signatories of Corporate/Commercial entities), under the directives of State Bank of Pakistan (SBP). NBP assures you of its continued support to maintain and enhance its relationships with clients (Corporate/Commercial/Consumers) by providing superior Service Quality. Hence to ensure safe and secure Banking to all our customers, you are requested to approach any nearest NBP Branch to get bio-metric verification done for your respective accounts. In the event of failure to perform biometric verification within provided timelines, NBP reserves the right to block account operations. NBP will continue to strive for Excellenc...

Agriculture and livestock farmers deserve protection

Business, General Business News
Karachi, December 10, 2018 (PPI-OT): National Bank of Pakistan and United Insurance Company (UIC) have entered a deal to support the agriculture sector of the country. According to the deal, the UIC will provide insurance cover to agriculture and livestock farmers so that they can be saved from losses. Speaking at the occasion, Chairman of the United International Group Mian MA Shahid said that we initiated crop and livestock insurance in the country which resulted in record growth. We consider serving farming communities and saving them from shocks as a social work which has helped our company a lot. Mian Shahid said that agriculture sector is prone to price and climate shocks for which an insurance cover is imperative. He noted that the share of agriculture has reduced to just 18 percent...