The National Bank of Pakistan (NBP) shut down three foreign branches in different countries namely Bangladesh (Sylhet), Afghanistan (Jalalabad), and Uzbekistan (Tashkent) in recent months, according to officials. The closure of foreign branches is being done under the bank management’s plan to ...

Millions continue to suffer as the National Bank of Pakistan (NBP) has not yet fully restored its banking system after hackers targeted the bank on Friday and caused disruption in its services, including the disbursement of payments and pensions for public sector current and former ...

ISLAMABAD – Payments were delayed for thousands of public sector employees on Saturday after hackers targeted a section of the state-owned National Bank of Pakistan (NBP). Reports in local media said the National Bank of Pakistan came under a cyberattack, which affected its services however the ...

The management of the National Bank of Pakistan (NBP) has decided to shut down four of its branches in Bangladesh and Afghanistan, NBP officials informed while giving a briefing to the Standing Committee of Senate on Finance. The move has come as part of the bank’s consolidation plan for ...

ISLAMABAD - PIA to seek huge loan worth $300 million from international banks without government guarantee. Pakistan International Airlines (PIA) is on the verge of securing a loan worth $300 million from international banks without government’s sovereign guarantee. According to reports, the ...

KARACHI - National Bank of Pakistan (NBP) during last nine months till September earned Rs 79.4 billion, which is 20.3% higher than Rs 66 billion of the last year's same period; with net interest income of Rs 53.9 billion, non-mark-up / interest income of Rs 25.6 billion, up by 23.7% and 13.7% ...

ISLAMABAD: The Supreme Court directed the State Bank of Pakistan (SBP) to deposit the amount collected for the construction of Diamer  Basha and Mohmand Dams in National Bank of Pakistan (NBP) for an auction. A five-member larger bench of the apex court headed by Justice Sheikh Azmat Saeed ...

Special Assistant to Prime Minister on Media Iftikhar Durrani says qualified Pakistanis serving international institutions on various posts have been appointed as Governors of State Bank and other organizations in the past.  In response to Bilawal Bhutto's comments regarding appointment of ...

ISLAMABAD – The federal government has appointed Arif Usmani as the president of the National Bank of Pakistan on Tuesday. According to an official notification, the appointment has been made under the section 11 (3)(a) of the Banks (Nationalisation) Act, 1974. The notification said that ...

*ISLAMABAD: The federal cabinet on Friday approved appointment of Arif Usmani as new CEO and President of the National Bank of Pakistan (NBP).* The approval came during a meeting of the cabinet presided over by Prime Minister Imran Khan in Islamabad today. The post of NBP president was lying ...