NBP launches cor­po­rate branch

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

LAHORE —Na­tional Bank of Pak­istan (NBP) launched its Cor­po­rate Branch in Lahore. Housed on M. M. Alam Road, NBP’s Cor­po­rate Bank­ing Cen­tre is not only one of the largest bank­ing cen­ters of NBP, but is also the only one of its kind in Pak­istan’s bank­ing in­dus­try. The launch of this Cor­po­rate Branch is a step to­wards the suc­cess of NBP’s val­ued cus­tomers who main­tain their trust with the Bank.

Speak­ing at the in­au­gu­ra­tion, the Pres­i­dent of the Bank, Ah­mad Iqbal Ashraf shared his thoughts about how de­spite var­i­ous in­her­ent risks, the bank­ing sec­tor takes into ac­count a sig­nif­i­cant share of the to­tal earnings of the Bank. The fact that banks seize ev­ery pos­si­ble op­por­tu­nity to grab the cor­po­rate bank­ing seg­ment, as it en­sures their port­fo­lio growth and prof­itabil­ity, was dis­cussed. He also spoke about NBP’s com­mit­ment to meet the in­creas­ing ex­pec­ta­tions of its cor­po­rate cus­tomers by pro­vid­ing them par-ex­cel­lence ser­vices through its five fully-func­tion­ing Cor­po­rate Bank­ing Cen­tres in Pak­istan. In or­der to meet the fi­nan­cial needs of its cus­tomers, NBP’s cor­po­rate branches focus mainly on the Power Sec­tor, Pub­lic Sec­tor, Tex­tile, Oil & Gas, Su­gar and Agri­cul­ture in­dus­try.

ISLAMABAD: Min­is­ter of State for IT & Tele­com Anusha Rehman chair­ing 46th Board of Di­rec­tors meet­ing of ICT R&D fund Co. here on Wed­nes­day.

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