Brief introduction:

With an asset base of over Rs 1.7 trillion, National Bank of Pakistan (NBP) is the second largest commercial and largest public sector bank in Pakistan. It has a diversified business portfolio and is a lead player in the debt/equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services etc. Besides, the bank is making great strides in promoting and developing the country's small and medium enterprises.

NBP is at the forefront of international banking in Pakistan which is proven by the fact that NBP has its branches in all the major financial capitals of the world.

NBP has developed a wide range of consumer products, to cater the different segments of society. Some schemes have been specifically designed for the low to middle income segments of population. These include NBP Karobar, NBP Advance Salary, NBP Saiban, NBP Kisan Dost, NBP Cash n Gold etc.

It has implemented special credit schemes like small finance for agriculture, business and industries, Qarz-e-Hasna loans to students, self-employment scheme for unemployed persons, public transport scheme etc. The Bank has also expanded its range of products and services to include Shariah Compliant Islamic Banking products. The bank also provides services as trustee to National Investment Trust (NIT), Long-Term Credit Fund (LTCF) and Endowment Fund for student loans scheme.

PERFORMANCE CY15

Profits and state-owned institutions do not have a merry history in Pakistan - it is very rare that a state-owned institution keeps generating sizeable profits year after year. And the country's largest public sector bank, NBP is one such exception that performs against the odds, in the age where the likes of PIA and PSM bleed heavy losses.

Only the state-owned E& P companies can claim to match NBP in terms of profit generation, but then the banking industry has stiff competition with a very advanced, sophisticated private sector, which makes NBP's performance more special. Carrying the baggage and ills of being owned by the government, NBP's financial performance has stood out of late.