Introduction to National Bank of Pakistan

National Bank of Pakistan

National Bank of Pakistan

Introduction to NBP

National Bank of Pakistanis the oldest and largest commercial bank. It has more than 1250 branches all over the Pakistan as well as abroad. N.B.P is established by the Government of Pakistan in November 9, 1949. It set the base of banking for further growth and establishment of the structure for banking system in the Pakistan. N.B.P provide services to individual, business entity and also government sector. It is a trusty of public fund and work as the agent of the State Bank of Pakistan where S.B.P is not present. It is a leader in the debit equity market, retail & consumer banking, agriculture financing, treasure service and also corporate investment banking its business portfolio is diversified.

N.B.P is very important roll playing to promoting and developing small and medium enterprises in the country. Now a day N.B.P proved as a progressive, customer focus and efficient institution. It is offer wide range of consumer product to promote business and provide different society segment. Some of these products are specific for low and middle level income of the population like N.B.P Karobar, N.B.P Advance Salary, N.B.P Saiban, N.B.P Kisan and N.B.P Cash n Gold. Beside of this it is offer special credit scheme that is small financing for agriculture, industries, business activities and Qarz e Hasna to the students, Self employment Scheme for unemployed people and public transport Scheme.

N.B.P takes many steps to facilitate overseas customer that they send their remittances in an easy and efficient way. Therefore N.B.P signed agreement with Western Union in 2002 for the base of documented remittances. Recently bank has started Electronic home remittances project. This project is based on technology system to handle inward remittance effetely and ensuring. That bank branches keep a track of the remittances received form abroad till its final receipt.

National Bank Achievement

National Bank has received recognition and numerous awards locally and internationally. It has been the recipient of The Bank of the Year 2001, 2002, 2004, 2005, 2008 and 2010 Award by The Banker Magazine. The World Best Foreign Exchange Bank, Pakistan for 2004, 2005, 2006, 2007 and 2008. N.B.P receive Kisan Time Awards in 2005 for better services in agriculture sector. It is listed among the Region’s largest banks and also among the largest banks in South Asia 2005 by The Asian Banker.

It has also been presented a Recognition Award in 2004 for having a Gender Sensitive Management by WEBCOP AASHA besides other awards. NBP awarded President of Pakistan Trophy and Prime Minister of Pakistan Trophy in 2010. N.B.P received award by Global Finance Best Emerging Market Bank from Pakistan for the year 2003, 2005 and 2006. Banker Magazine awarded the number 1 bank in Pakistan in 2005

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