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Tag: National Bank of Pakistan

national bank

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

August 28, 2019March 24, 2021Mrs. Anjum Shahnawaz

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. According to financial results for the half yearly ended June 30, 2019 submitted to Pakistan Stock Exchange (PSX), the bank declared after tax profit of Rs11.101 billion as […]

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NBP provides online exchange rate facility to Pakistan Customs

May 23, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The Federal Board of Revenue (FBR) is receiving real time exchange rate from National Bank of Pakistan (NBP) for determination of customs valuation. FBR has decided to electronically link customs automated system WeBOC with the Treasury and Capital Markets Group of the National Bank of Pakistan so that the daily exchange rate of major […]

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national bank

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

May 22, 2019March 31, 2021Faisal Shahnawaz

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. Meeting of the Board of Directors (BoD) of NBP was held on Wednesday at Bank’s Head Office in Karachi in which the BoD approved the financial […]

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national bank

Zubyr Soomro appointed as NBP board chairman

April 18, 2019April 11, 2021Faisal Shahnawaz

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. A day earlier the finance division notified appointment of chairman and directors on the board of NBP with immediate effect. According to the notice the following members […]

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national bank

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

February 23, 2019March 27, 2021Faisal Shahnawaz

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. The net profit of the bank was at Rs20 billion in 2018 as compared with Rs23 billion in the previous year. In its financial results submitted to Pakistan Stock Exchange (PSX) […]

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national bank

Arif Usmani appointed NBP President, CEO

February 13, 2019December 13, 2023Faisal Shahnawaz

Karachi – The federal government has officially appointed Arif Usmani as the President and Chief Executive Officer (CEO) of the National Bank of Pakistan (NBP), according to an official note received by the Pakistan Stock Exchange (PSX) on Wednesday.

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national bank

NBP becomes settlement bank for Mobi Direct Payment System

January 30, 2019November 22, 2023Hamza Shahnawaz

KARACHI: National Bank of Pakistan (NBP) has signed an agreement to become settlement bank for Mobi Direct’s digital payment system.

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