NBP’s 3Q profit surges 110pc to Rs11bn

National Bank of Pakistan (NBP) on Tuesday declared an after-tax profit of Rs11 billion for the quarter ended 30 September 2020, a growth of 110pc over the same period last year. According to details, the sharp increase in profitability may be attributed to significant rise in security gains. The bank's gain on securities increased to Rs3.59 billion for the quarter ended September 30, 2020, as compared with Rs250 million in the same quarter of the last year.