Business & Finance 1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the... Updated 30 Aug, 2024 04:18pm
Business & Finance NBP’s profit falls 13%, clocks in at Rs9.8bn in 1QCY24 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 29 Apr, 2024 05:39pm
Business & Finance NBP’s profit surges by 72%, clocks in at Rs53.3bn in 2023 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 22 Feb, 2024 02:48pm
Pakistan NBP celebrates Eid Milad-un-Nabi (SAWW) with religious zeal, fervor KARACHI: National Bank of Pakistan (NBP) celebrated Eid Milad-un-Nabi (SAWW) with great religious zeal and fervor at... Published 03 Oct, 2023 06:02am
Business & Finance Agri financing: NBP, BoP, U Bank emerge among top creditors Agri financing registers growth of over 25% year-on-year Updated 09 Aug, 2023 09:19pm
Business & Finance Enforcement action: SBP imposes over Rs350mn in penalties on six banks Enforcement actions come during quarter ended June 30, 2023 Updated 27 Jul, 2023 03:18pm
Business & Finance Hasnie proposed as NBP president/CEO ISLAMABAD: The Finance Division has proposed Rehmat Ali Hasnie’s name to the federal cabinet for approval for the... Published 22 Jul, 2023 06:06am
Business & Finance Pakistan’s central bank designates NBP, HBL & UBL as D-SIBs The State Bank of Pakistan (SBP) on Wednesday announced the designation of Domestic Systemically Important Banks... Published 19 Jul, 2023 04:32pm
Pakistan Moody's downgrades five Pakistani banks Also downgrades the five banks' long-term foreign currency Counterparty Risk Ratings (CRRs) to Caa3 from Caa1 Updated 03 Mar, 2023 09:14pm
Pakistan NBP employees are not govt servants: SC ISLAMABAD: The Supreme Court held that employees of the National Bank of Pakistan (NBP) are not “government... Updated 18 Dec, 2022 02:17pm
BR Research Big banks grow steadily The 9MCY22 banking earning season has been a stellar one for the big 5 banks, on pretax profit grounds. The big five... Published 15 Nov, 2022 08:58am
Pakistan China's Xi says will support Pakistan in stabilising its financial situation Announces additional assistance package of RMB 500 million for Pakistan’s flood relief efforts' Accepts PM Shehbaz's invitation to visit Pakistan Updated 02 Nov, 2022 07:28pm
Sports Karachi’s National Stadium renamed as National Bank Cricket Arena PCB, NBP sign five-year MoU for naming rights, will also collaborate for sponsoring initiatives to promote cricket across the country Updated 25 Oct, 2022 07:34pm
Pakistan Moody's downgrades ratings of five Pakistani banks; maintains negative outlook Moody’s says rating actions reflect the Government of Pakistan's reduced capacity to support the banks Updated 11 Oct, 2022 08:42pm
Business & Finance Hasnie assigned ‘look after charge’ of NBP president ISLAMABAD: The federal government has assigned “look after charge” of president/CEO National Bank of Pakistan... Published 23 Aug, 2022 05:56am
Pakistan PM Shehbaz directs to simplify person-to-govt payments system Citizens could make online payments through NBP in next six months Updated 06 Jul, 2022 03:59pm
Pakistan Moody's downgrades 5 Pakistani banks' outlook to negative from stable, affirms B3 ratings Development comes after ratings agency first downgraded Pakistan’s outlook to negative from stable and then that of Wapda’s Updated 08 Jun, 2022 11:06pm
Business & Finance NBP approves Rs1.5bn financing for Waves Singer's housing project Project is being launched under the name 'Waves Enclave' Updated 18 Apr, 2022 06:40pm
Markets Mansha calls for NBP's privatisation, wants 'tough decisions' for power sector Says next listing from Nishat Group could be an Islamic bank Updated 07 Mar, 2022 06:25pm
Business & Finance NBP says 'fully committed to satisfying US regulators' expectations' after over $55mn fine In notice to PSX, bank says penalties 'focused on historical compliance program weaknesses and delays in making compliance-related enhancements' Published 25 Feb, 2022 03:57pm
Pakistan US authorities fine Pakistan's NBP $55mn for 'money-laundering', 'compliance failures' In separate sanctions, US Federal Reserve Board announces $20.4mn penalty, while New York State Department of Financial Services says NBP has agreed to pay $35mn Updated 25 Feb, 2022 09:31am
BR Research NBP: Steady growth National Bank of Pakistan (NBP) improved its 1HCY21 pretax profits by 30 percent year-on-year, despite lower funded... Published 01 Sep, 2021 07:35am
BR Research NBP: Stellar profits National Bank of Pakistan (NBP) has ended CY20 on a grand note, with the after-tax profits almost doubling from last... Published 26 Feb, 2021 07:31am
Business & Finance NBP branches in Bangladesh, Afghanistan to be closed The meeting was informed that 23 branches of the bank were established in various countries. Published 09 Feb, 2021 12:40pm
Markets NBP sails smooth National Bank of Pakistan (NBP) defied all odds and posted a massive 60 percent year-on-year growth in after-tax... Published 04 Nov, 2020 08:02am
Markets NBP: From strength to strength National Bank of Pakistan (NBP) posted stellar 37 percent year-on-year profit growth in 1HCY20, despite the pandemic... Published 04 Sep, 2020 09:26am
Business & Finance NBP posts stellar results for a COVID stricken quarter NBP has posted total profits of 11,071 million compared to 6,917 million during same quarter last year. This is a significant jump of approximately 46% compared to second quarter of 2019. Published 02 Sep, 2020 05:24pm
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs