National Bank of Pakistan

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National Bank of Pakistan

Type	Private KSE: LSE:
Founded	Karachi
Headquarters	Principal Office, Karachi Pakistan
Key people	S Ali Raza (Chairman)
Industry	Banking Capital Markets
Products	Loans, Credit Cards, Savings, Consumer Banking etc.
Revenue	PKR
Slogan	Your Premier Bank
Website	www.nbp.com.pk

The National Bank of Pakistan has its headquarters in Karachi, Pakistan. It has over 1,200 branches throughout Pakistan. The bank provides both commercial and public sector banking services. It has assets worth $9 billion in 2004. [1] Its subsidiaries include NBP Capital, NBP Modaraba Management Company, NBP Exchange Company, Taurus Securities, NBP Almaty et al.

It also supports a first-class cricket side that competes for the ABN-AMRO Patron's Trophy in Pakistan. As of March, 2005, its Chairman and President is Syed Ali Raza.

1 Vision
2 Mission
3 Functions
- 3.1 Services
- 3.2 Internet Banking
4 Branches
- 4.1 Pakistan
- 4.2 International
5 Board of Directors
6 External links
7 See also

[edit] Vision

To be the pre-eminent financial institution in Pakistan and achieve market recognition both in the quality and delivery of service as well as the range of product offering

[edit] Mission

To be recognized in the market place by Institutionalizing a merit & performance culture, Creating a powerful & distinctive brand identity, Achieving top-tier financial performance, and Adopting & living out our core values.

[edit] Functions

[edit] Services

The National Bank of Pakistan offers a wide range of services to its customers and recognizes the importance of efficient business delivery and providing timely solutions. Here are a list of services that NBP offers;

Demand Drafts
Swift System
Letter of Credit
Pay Order
Mail Transfer
Foreign Remittance
Short Term Investment
NIDA
Equity Investment
Commercial Finance
Trade Finance
International Finance
Home Finance

[edit] Internet Banking

The National Bank of Pakistan is another bank in Pakistan that has introduced internet banking. Additionally, they have recently set up the Financial Institution Wing, which is placed under the Risk Management Group. The role of the Financial Institution Wing is :-

To effectively manage NBP’s exposure to foreign and domestic correspondence
Manage the monetary aspect of NBP’s relationship with the correspondents to support trade, treasury and other key business areas, thereby contributing to the bank’s profitability
Generation of incremental trade-finance business and revenues

[edit] Branches

[edit] Pakistan

Here is a list of the banks locations in Pakistan accordance to each province or territory;

Sindh: Dadu, Sanghar, Hyderabad, Jacobabad, Shikarpur, Karachi, Larkana, Mirpurkhas, Badin, Nawabshah, Sukkur, Khairpur, Tharparkar.
Punjab: Bahawalpur, D.G. Khan, RYKhan, Faisalabad, Gujranwala, Sialkot, Narowal, Jhang, Jhelum, Gujrat, Chakwal, Darya Khan , Bhakkar, Lahore, Multan, Murree, Attock, Gilgit, Rawalpindi, Sahiwal, Sargodha, Sheikhupura.
NWFP: Abbottabad, Mansehra, Bannu, D.I. Khan, Kohat, Mingora, Mardan, Peshawar.
Baluchistan: Quetta,
Azad Kashmir: Muzaffarabad, Mirpur.