Friday , 15 December 2017
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Impact of damages by floods 44.5 billion Rupees

The National Assembly was informed was informed that the estimated financial impact of damages caused by floods this year was over forty four point five billion rupees. Read More »

BankIslami to study KASB Bank purchase

india pakistan flooding which has killed over 440 people: over 200 in India and over 240 people in Pakistan. Statistics on the number of homes affected in northern India is limited at this time, though in Pakistan, monsoon rains have damaged over 5,400 homes and caused the collapse of over 2,300 homes. Over a period of one week, ending at 00:00 UTC on Monday September 8, rainfall accumulations up to 15 in (381 mm) were recorded in northern portions of India and Pakistan. The monsoon rain and subsequent flooding and landslides have affected badly the life in both Read More »

Bahria Town launches home insurance

The Bahria Town (private) Limited on Tuesday announced an initiative of providing home insurance (inclusive of apartments) in all its phases with effect from May 1, 2014. In this connection, a contract signing ceremony was held between the Bahria Town (private) Limited and EFU General Insurance/Saudi-Pak Insurance (SPI). Wing Commander (r) Ayaz Khan, VCE of Bahria Town, and Malik Akbar ... Read More »

Third Islamic Finance Exhibition and Conference (IFEC) end

Third Islamic Finance Exhibition and Conference (IFEC) Islamic banking industry could develop at faster pace under true spirit and principles of sharia by professionals of banking and religious scholars of the field of finance.Speakers at the concluding session of third Islamic Finance Exhibition and Conference (IFEC) held on Friday, said that they Read More »

PM Youth Business Loan Scheme NBP Getting Immense Response

National Bank of Pakistan(NBP) is in the process of receiving several hundred applications on a daily basis throughout NBP network. The number of these applications is in excess of 50,000 and increasing day by day. The process of evaluating these applications is being carried out at our network of branches, at the Head Office & Tariq Road PMYBL Data Centre where more than 100 employees are working round the clock to process these applications and are in constant contact with applicants on a Read More »

Central bank of Bahrain urges insurers to improve risk assessment

Insurance companies must be able to assess and price risk more accurately, in order to be Saudi-banking-assets-rise-to-$-462 billionprofitable and maintain growth, according to a leading Central Bank of Bahrain (CBB) official. Insurers would be much better served if they underwrite business in a way in which all the inherent risks are considered, he said. Read More »


His Excellency Prime Minister Islamic Republic of Pakistan, Mian Muhammad Nawaz Sharif conferred Gold Medal to NBP for its contributions in Corporate Social Responsibility front. President & CEO NBP, Syed Ahmed Iqbal Ashrafreceived the NBP’s gold medal during the 37th FPCCI Export Trophy Awards held on February 8, 2014 at PC Hotel in Lahore.This award is a top slot award ... Read More »

Syed Ahmad Iqbal Ashraf appointed President National Bank of Pakistan (NBP)

Nawaz government appointed Syed Ahmad Iqbal Ashraf as President National Bank of Pakistan (NBP). “The Finance Ministry has moved three names to Prime Minister for post of President National Bank of Pakistan, and the Premier has given approval of the name of Syed Ahmad Iqbal Ashraf for the aforesaid post.The government in September last year sought applications for the post ... Read More »

National Bank Pakistan profit tumbles

National Bank of Pakistan (NBP) on Friday posted a significantly weak profit after tax (PAT) of Rs225 million for the third quarter of this calendar year (earning per share: Rs0.11), down 95 per cent year-on-year basis and 92 per cent quarter-to-quarter Read More »


Karachi: “At one stage the future of TSML was in doldrums but project was completed in time and commenced operation in January this year. This would have not been possible without the active support of National Bank of Pakistan. Now we are in the process of expanding our operations and one such project is use of local iron ore, for which testing has started today”, Read More »