National Bank of Pakistan
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National Bank of Pakistan

Type
Government ownership
Traded as
KSE: NBP
Industry
Banking
Capital Markets
Founded
1949
Headquarters
Principal Office, KarachiPakistan
Key people
Syed Iqbal Ashraf (President)
Products
Loans, Credit Cards, Savings, Consumer Banking
Revenue
PKR 50.569 billion (US$ 815.6 million) (2007)[1]
Net income
PKR 19.034 billion (US$ 307 million) (2007)[1]
Owner
Government of Pakistan
Slogan
Your Premier Bank
Website
www .nbp .com .pk
The National Bank of Pakistan (NBP) is a major Pakistani commercial bank with headquarters in Karachi. Although state-owned it operates as commercial bank, while still continuing to act as trustee of public funds and as the agent to the State Bank of Pakistan in places where SBP does not have a presence.

The bank provides both commercial and public sector banking services. It is a lead player in the debt equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services. As of 2012 it has 1,280 branches across Pakistan with assets of approximately USD 12.293 billion.[1] It also operates a number of office overseas that include Beijing, Tashkent, Chicago, London and Toronto.

National Bank of Pakistan has developed a wide range of consumer products, to enhance business and cater to the different segments of society and meet its social responsibilities. Some schemes have been specifically designed for the low to middle income segments of the population. It has implemented special credit schemes like small finance for agriculture, business and industries, administrator to Qarz-e-Hasna loans to students, self-employment scheme for unemployed persons, public transport scheme. The Bank has expanded its range of products and services to include Shariah Compliant Islamic Banking products. It has also put in place a remittance service for overseas Pakistanis to send their money back to Pakistan.

The bank also runs the Annual Awards for Excellence in Literature that confer awards to the best books in Urdu and in all prominent regional languages. The Bank is also the largest sponsor of sports in Pakistan.

 

Contents
 [hide] 
1History1.1Operations
1.2Subsidiaries
1.3International offices
2Islamic banking
3See also
4References
5External links