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Moody’s, the global credit rating agency, has upgraded the long-term deposit ratings of five major Pakistani banks. These banks have seen their ratings rise from Caa3 to Caa2. In addition to the rating upgrade, the outlook for these banks has also been revised to positive from stable, reflecting an optimistic view of their future performance. …
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The National Bank of Pakistan (NBP) has reported a total income of PKR 96.8 billion for the first half of 2024. This marks a 5.1% increase from the PKR 92.2 billion recorded in the same period last year. The bank’s performance was particularly strong in the second quarter of 2024, with income reaching PKR 54.4 …
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The State Bank of Pakistan (SBP) has designated Domestic Systemically Important Banks (D-SIBs) for the year 2024. This decision is part of the ongoing effort to ensure financial stability in the country and aligns with the framework introduced by the SBP in April 2018. The framework is designed to meet international standards while considering both …
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Karachi: The National Bank of Pakistan (NBP) has won the Best Bank Award in Asia-Pacific for 2022, on Thursday as Global Finance announced its 29th Annual Best Bank Awards. President Joseph Giarraputo, Global Finance presented the Best Bank Award in Pakistan to NBP’s countryhead in the USA, Mr. Syed Farhan Ahmad. Global Finance regularly selects …
Karachi: National Bank of Pakistan inaugurated a state-of-art, modern and fully technologically equipped Learning & Development Center at FTC Karachi on September 20, 2021 to provide latest and industry driven learning and development opportunities to its employees. The center aims to align staff goals and performance with the Banks strategy, objective and needs. The center …
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