ISLAMABAD: Finance division has advertised to invite applications for appointment of CEO National Bank of Pakistan (NBP).
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 […]
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 […]
KARACHI: National Bank of Pakistan (NBP) on Wednesday announced a sharp decline of 28 per cent in net profit for half year ended June 30, 2022. According to financial results submitted to Pakistan Stock Exchange (PSX), the bank announced Rs12.24 billion as profit after tax during the first half (January – June) of calendar year […]
KARACHI: National Bank of Pakistan (NBP) has approved an amount of Rs1.5 billion to kick start the affordable housing project being developed by Waves Singer Pakistan Limited, a statement said on Monday. A signing ceremony between NBP and Waves was held in Lahore. With a commitment of Rs1.5 billion, NBP will be one of the […]
KARACHI: National Bank of Pakistan (NBP) on Tuesday announced decline in its annual net profit to Rs28.76 billion for the year ended December 31, 2021. The annual net profit of the NBP fell by 6 per cent from Rs30.58 billion in the preceding year. READ MORE: National Bank under grip of regulatory violations The bank […]
National Bank of Pakistan in a notice sent to Pakistan Stock Exchange (PSX) disclosed that it reached an agreement with US regulators of NBP’s New York branch with fines of $55 million arising due to historical compliance weakness and delays in making compliance related enhancements. However, there were no findings of improper transactions or willful […]
KARACHI: The central bank of the United States on Thursday imposed a monetary penalty of $20.4 million on New York branch of Pakistan’s largest public sector bank for violating anti-money laundering laws. A statement issued by the Federal Reserve Board, the US central bank, has announced a $20.4 million penalty against the National Bank of […]
KARACHI: National Bank of Pakistan (NBP) has lent an amount of Rs18.8 billion out of Rs54 billion scam in Hascol Petroleum Limited. National Assembly Standing Committee on Finance and Revenue on Thursday reviewed the performance of NBP. The committee also discussed the recent Hescol loan scam of Rs 54 billion; of this NBP had lent […]
ISLAMABAD: Utility Stores Corporation (USC) and National Bank of Pakistan (NBP) on have completed integration to launch provision of subsidized items under Ehsaas Rashan Riayat Program. Senator Dr. Sania Nishtar, SAPM together with MD USC, Taha Aziz Magrabi visited a Utility Store in G-6 Islamabad to field test the integration of data and Point of […]