The clarification is with reference to the statement issued by Haleem Adil Sheikh, Senior Executive and Vice president of PTI (Sindh), which are deemed baseless and untrue. National Bank of Pakistan (NBP), strongly refutes the baseless acquisitions linked with the serving CEO and President of NBP, Mr.
The Board of Directors of Bank Alfalah Limited met in Abu Dhabi under the chairmanship of His Highness Sheikh Nahayan Mabarak Al Nahayan, on Sunday to review the performance of the Bank and approved the financial statements of the Bank for the year ended December 31, 2017.
Meeting of the Board of Directors (BoD) of National Bank of Pakistan (Bank) was held on February 20, 2018 at the Bank’s Head Office in Karachi. The BoD approved the financial statements of the Bank for the year ended December 31, 2017.
Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017on 14February 2018 in Islamabad, posting appreciable growth in bottom line, accompanied with a dividend of Rs 0.53/share. KMBL’s pre-tax profit of PKR 2.49billion increased by 40% against last year’s profit of PKR 1.78 billion.
National Bank of Pakistan (NBP) bagged eight awards at the two prestigious CSR Summit and Award ceremonies, organized in Karachi and Islamabad respectively. Impressed by NBP’s vision and implementation of CSR activities, the two organizations; National Forum for Health and Environment (NFEH) and The Professionals Network (TPN) unanimously acknowledged NBP’s valuable contribution in diversified categories.
Pakistan Hindu Council held their annual program of mass marriages recently in which 100 Hindu couples from urban and rural Sindh got married in a grand ceremony at YMCA Ground, Karachi. The occasion was full of colourful programs and celebration for all those who attended.
Overseas Pakistani workers remitted US $11383.47 million in the first seven months (July to January) of FY18, showing a growth of 3.55 % compared with US $10993.48 million received during the same period in the preceding year. During January 2018, the inflow of worker’s remittances amounted to US $1638.72 million, which is 4.92% lower than December 2017 and 10.10% higher than January 2017.
United Bank Limited (UBL) and Dow University of Health Sciences (DUHS) recently signed a memorandum of understanding (MoU) for structured disbursements and collections through UBL’s state-of-the-art, fully automated retail cash management solutions. UBL’s financial solutions are widely used by the educational sector for their innovative product spectrum combined with unmatched customer service and nationwide branch network.
Microfinance Bank has partnered with IGI General Insurance to provide protection packages to vehicle drivers in case of any on-road accident. The agreement was signed by Shahid Mustafa, President & CEO – Telenor Microfinance Bank and TahirMasaud, CEO – IGI General Insurance on Monday, in the presence of representatives from both organizations.
President and CEO National Bank of Pakistan, Mr. Saeed Ahmad inaugurated National Bank of Pakistan’s (NBP) Aitemaad Islamic banking branch in Ghalanai, Mohmand Agency. With this move, the bank aims to provide financing facilities to the community based on Islamic modes to strengthen the financial stability in the violence affected region.
National Bank of Pakistan (NBP) and United Bank Limited (UBL) inked a Strategic Partnership Agreement for providing NBP customers Digital Financial services, at the signing ceremony that took place at the NBP Head Office.
This Strategic Partnership agreement brings together the largest Government Bank with the pioneers of Digital Financial Services in the country, UBL Omni.
Pakistan’s economic growth is on track to achieve its highest level in the last eleven years. Average headline inflation remains within the forecast range of SBP, but core inflation has continued to increase. Fiscal deficit for H1-FY18 is expected to fall close to the last year’s 2.5 percent.
The Governor SBP visited the Central Bank of the Russian Federation (CBRF) Headquarters in Moscow, Russia on January 15, 2018. This is the first ever visit of an SBP Governor to CBRF. As an important milestone, the SBP has signed a Memorandum of Understanding on bilateral central banking cooperation with the CBRF.
National Bank of Pakistan (NBP) and Bank of China Pakistan Operations (BOCP) signed a MoU to promote banking services in the country. The MoU will focus on developing niches and creating synergies between the two institutions. The MoU will strengthen the ironclad brotherhood between the two nations.
In a grand ceremony in IG Office Islamabad, National Bank of Pakistan and Islamabad Traffic Police (ITP), signed an agreement for E-Challan and payments system in Islamabad Capital precinct. This partnership will enable the issuance of paperless challan to the driver through a hand held smart phone mobile application along with electronic receipt to driver via SMS.