NBP Archives - Page 2 of 4

National Bank of Pakistan Reports Increase in Tax Contingencies to Rs 29.26 Billion

September 6, 2023September 6, 2023Shahnawaz Akhter

Karachi, September 6, 2023 – The National Bank of Pakistan (NBP) has disclosed that its total tax contingencies have risen to Rs 29.26 billion, according to official documents released recently.

NBP Penalized for Regulatory Violations at Domestic and Overseas Branches

August 31, 2023August 31, 2023Shahnawaz Akhter

Karachi, August 31, 2023 – The National Bank of Pakistan (NBP), the country’s largest public sector financial institution, has incurred penalties for regulatory violations at both its domestic and overseas branches, as confirmed by official documents.

National Bank of Pakistan Records Remarkable 122% After-Tax Profit Growth for 1HCY23

August 29, 2023August 29, 2023Shahnawaz Akhter

Karachi, August 29, 2023 – The National Bank of Pakistan (NBP) has reported an astounding 122 percent increase in after-tax profit for the first half of the calendar year 2023.

SBP imposes Rs14.61 million monetary penalty on National Bank

April 28, 2023April 28, 2023Faisal Shahnawaz

The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs14.61 million on the National Bank of Pakistan (NBP) for violating various regulatory provisions during the first quarter of the calendar year 2023.

National Bank of Pakistan discloses deposit base up to March 31, 2023

April 28, 2023April 28, 2023Hamza Shahnawaz

National Bank of Pakistan (NBP) Thursday disclosed its deposit base up to March 31, 2023, which showed a significant increase in total deposits compared to the previous quarter.

National Bank vows to AML compliance related to New York branch

March 10, 2023March 10, 2023Faisal Shahnawaz

KARACHI: National Bank of Pakistan (NBP) has said that its New York branch continued to make progress against the enforcement actions for ensuring compliance related to Anti-Money Laundering (AML) laws.

National Bank declares Rs31 billion as net profit for CY22

March 1, 2023March 1, 2023Mrs. Anjum Shahnawaz

KARACHI: National Bank of Pakistan (NBP) has declared net profit of Rs31 billion for calendar year 2022.

Applications invited for appointment of CEO National Bank of Pakistan

February 14, 2023February 14, 2023Faisal Shahnawaz

ISLAMABAD: Finance division has advertised to invite applications for appointment of CEO National Bank of Pakistan (NBP).

State Bank, NBP to withdraw petitions in Riba case: Ishaq Dar

November 9, 2022November 9, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Finance Minister Senator Muhammed Ishaq Dar Wednesday said that State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) will withdraw their petitions from the Supreme Court of Pakistan against the judgment of Federal Shariat Court in which the Court had ordered implementation of interest-free (Riba free) banking system in the country. READ […]

NBP net profit declines by 21% on high tax incidence in 9MCY22

October 30, 2022October 30, 2022Faisal Shahnawaz

National Bank of Pakistan (NBP) has declared 21 per cent decline in after tax profit due to high incidence during first nine months (January – September) 2022. According to unconsolidated financial results submitted to the Pakistan Stock Exchange (PSX), NBP announced after tax profit at Rs19.16 billion for nine months period ended September 30, 2022 […]

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