Loan disbursement to young entrepreneurs to start from next month

ISLAMABAD: The disbursement of loans to young entrepreneurs will start from next month after completing all the formalities, it was agreed at a meeting on Thursday to review Youth Entrepreneurship Scheme of... Read more »

National Bank declares marginal growth in profit with over 20 percent high earnings in nine months

KARACHI: National Bank of Pakistan (NBP) has declared marginal growth in after tax profit of one percent for nine months period ended September 30, 2019. However, income of the bank posted over... Read more »

Privatization of National Bank, State Life Insurance under consideration: Dr. Hafeez Shaikh

ISLAMABAD: The government is considering privatization of big entities such as National Bank of Pakistan (NBP) and State Life Insurance Corporation for better results. Read more »

NBP declares 11.12pc decline in after tax profit to Rs11.1 billion

KARACHI: National Bank of Pakistan (NBP) on Wednesday declared decline in net profit by 11.12 percent to Rs11.1 billion for the first half ended June 30, 2019. Read more »

NBP provides online exchange rate facility to Pakistan Customs

KARACHI: The Federal Board of Revenue (FBR) is receiving real time exchange rate from National Bank of Pakistan (NBP) for determination of customs valuation. Read more »

National Bank declares 14.5 percent decline in after tax profit on imposition of super tax

KARACHI: National Bank of Pakistan (NBP) has declared 14.5 percent decline in after tax profit for the first quarter ended March 31, 2019 due to imposition of super tax. Read more »

Zubyr Soomro appointed as NBP board chairman

KARACHI: Zubyr Soomro has been appointed as chairman of Board of Directors of National Bank of Pakistan (NBP), said a notice to Pakistan Stock Exchange (PSX) on Thursday. Read more »

NBP’s annual profit falls by 13pc on massive provisioning, write-offs

KARACHI: The net annual profit of National Bank of Pakistan (NBP) has declined by 13 percent owing to sharp increase in provisioning and write-offs. Read more »

Arif Usmani appointed NBP President, CEO

KARACHI: The federal government has appointed Arif Usmani as President and Chief Executive Officer (CEO) of National Bank of Pakistan (NBP), said an official note received by Pakistan Stock Exchange (PSX) on... Read more »

NBP becomes settlement bank for Mobi Direct Payment System

KARACHI: National Bank of Pakistan (NBP) has signed an agreement to become settlement bank for Mobi Direct’s digital payment system.     The NBP, in continuation of the two MoU’s signed with... Read more »