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Tag Archives: National Bank of Pakistan (NBP)

Finance Ministry, PC to brief NA body on privatisation of public sector entities

ISLAMABAD: The Finance Ministry and Privatisation Commission (PC) are going to brief the National Assembly’s Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatisation about the privatisation of public sector entities on cheaper prices. The government follows a list of the public sector entities (PSEs) approved by the Council of Common Interest (CCI) for privatisation in 1997. The CCI ... Read More »

NBP to increase ATMs from 376 to 1,000 by 2015

KARACHI: The National Bank of Pakistan (NBP) unveiled an aggressive plan to establish 1,000 ATMs by the end of 2015, targeting rural and remote areas in a bid to expend its outreach. Currently, NBP has running 376 ATMs across the country and it will execute an aggressive strategy to ensure it spread to rural areas, declared NBP President Syed Iqbal ... Read More »

Greater outreach: NBP inks accord to set up 1,000 ATMs by 2015

KARACHI: The National Bank of Pakistan (NBP) unveiled an aggressive plan to establish 1,000 ATMs by the end of 2015, targeting rural and remote areas in a bid to expend its outreach. Currently, NBP has running 376 ATMs across the country and it will execute an aggressive strategy to ensure it spread to rural areas, declared NBP President Syed Iqbal ... Read More »

Gold smuggling case: Customs to ascertain validity of E-Forms in Rs300b revenue loss

KARACHI: Widening the ambit of probe in gold smuggling case, the Directorate General of Internal Audit-Customs has decided to send notices to private banks to confirm the number of fake E-forms issued, it is learnt here. Sources informed Customs Today that the authorities concerned have started to scrutinise not only the export data of gold, but also started to check ... Read More »

After Rs2.885b loan, NBP to give commercial vehicles to youths

KARACHI: A Memorandum of Understanding (MoU) has been signed between the National Bank of Pakistan (NBP) and Master Motors, one of the leading manufacturers of Chinese commercial vehicles in Pakistan, to provide vehicles for the Prime Minister Youth Business Loan Scheme (PMYBL). While talking to the journalists, NBP President Syed Ahmed Iqbal Ashraf said that the bank was struggling to ... Read More »

NBP gives Rs2.885b loan to youths, signs MoU for vehicles

KARACHI: A Memorandum of Understanding (MoU) has been signed between the National Bank of Pakistan (NBP) and Master Motors, one of the leading manufacturers of Chinese commercial vehicles in Pakistan, to provide vehicles for the Prime Minister Youth Business Loan Scheme (PMYBL). While talking to the journalists, NBP President Syed Ahmed Iqbal Ashraf said that the bank was struggling to ... Read More »

SBP profit increases by 14pc to Rs268 billion

KARACHI: The State Bank of Pakistan’s (SBP) Annual Performance Report has revealed that the central bank has earned huge profit of Rs268 billion for the government during the fiscal year 2013-14. According to the annual report approved by the SBP Central Board of Directors, the bank’s profit increased by 14pc to Rs2.68 billion from Rs235 billion it earned the last ... Read More »

NBP Rs18b profit: leap by 143pc, deposits climb to Rs76b

KARACHI: The National Bank of Pakistan (NBP) has recorded Rs12.1 billion profit-after-tax from January to September in 2014, showing a growth of 107 per cent. The NBP pre-tax profit increased by 143pc to Rs18 billion during in the nine months this year against Rs7.4 billion of the corresponding period of 2013. The bank’s earnings per share (eps) soared up to ... Read More »

NBP earns Rs12.1 billion profit in nine months

KARACHI: The National Bank of Pakistan (NBP) has recorded Rs12.1 billion profit-after-tax from January to September in 2014, showing a growth of 107 per cent. The NBP pre-tax profit increased by 143pc to Rs18 billion during in the nine months this year against Rs7.4 billion of the corresponding period of 2013. The bank’s earnings per share (eps) soared up to ... Read More »

NBP profits up by 107pc to Rs12.1 billion in nine months

KARACHI: The National Bank of Pakistan (NBP) has recorded Rs12.1 billion profit-after-tax from January to September in 2014, showing a growth of 107 per cent. The NBP pre-tax profit increased by 143pc to Rs18 billion during in the nine months this year against Rs7.4 billion of the corresponding period of 2013. The bank’s earnings per share (eps) soared up to ... Read More »

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