NBP to invest in system upgrade for boosting digital banking

18 Sep, 2018

In order to facilitate customer, National Bank of Pakistan (NBP) has decided to invest in the system upgradation for digital banking. Talking to mediapersons Monday at NBP head office, Tariq Jamali, Acting President and Chief Executive Officer (CEO) National Bank said our steps are aimed at profit enhancement of the bank. "Being largest bank, we want to contribute to the economic growth of the country and all possible steps will be taken to support the government's financial inclusion programme," he added.
He said financial inclusion, service improvement, digital banking and recovery of Non Performing Loans (NPLs) will be top priorities of the bank. Jamali said the future is digital banking; therefore NBP will largely invest in digital banking to facilitate its customers. Service quality will also be improved to attract new customers and as part of this move, human capacity building workshops will be arranged to enhance the efficiency of the staff, he maintained.
Replying to a question, the acting President NBP said NBP is already providing house financing and will also support the Prime Minister's low-cost housing scheme. "We will not only invest in government papers but will also focus on providing financing, other facilities to private sector to support the economy," Jamali said.
He said that in past all loans were waived as per the State Bank of Pakistan's policy but now we are making efforts for recovery of NPLs. Jamali informed media that NBP has won the "Leading Partner Bank in Pakistan Award for 2018" in the Asian Development Bank's annual Trade Finance Program (TFP) Awards.
This award was presented to National Bank of Pakistan for the highest number of transactions with TFP in Pakistan during the period 1st July 2017 to June 30th, 2018. The award was received by Shaikh Tariq Abdullah, Head Financial Institutions International Banking Group, NBP on behalf of the bank in the Trade Finance Program (TFP) Awards and partners dinner held in Singapore earlier this month. He said National Bank had also received "Trade Deal of the Year award" in last year's ADB TFP Awards.
The Ministry of Finance, Government of Pakistan has appointed Tariq Jamali, Senior Executive Vice President as the Acting President/Chief Executive Officer of National Bank of Pakistan Wednesday. He is a thorough professional banker with 30 years of successful banking career. He joined NBP in 1987 and has held various senior management positions at Regional and Head Office levels.
Throughout his career, he has successfully performed in every challenging sphere of banking activities. He has unique ability to manage resources at finest level by keeping an eye on best industry practices/regulations for effective policy making and formulating strategies for superlative services. He is armed with diversified work experience, knowledge and a knack of working at different levels of management.

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