NBP crosses record Rs 1 tril­lion bench mark

Leads in agri­cul­ture fi­nanc­ing with Rs 45789.5 mil­lion loan Cor­po­rate Com­mu­ni­ca­tion & Brand Man­age­ment Di­vi­sion Head Syed Ibne Has­san in a spe­cial in­ter­view

The Pak Banker - - Front Page - M Ja­hangir Hayat LA­HORE

Na­tional Bank of Pak­istan ( NBP) has be­come the first ever bank of the coun­try to cross the ‘ One Tril­lion Ru­pee’ bench mark with more than 16,500 em­ploy­ees and 1,283 branch net­work across Pak­istan and 23 overseas branches and rep­re­sen­ta­tive of­fices in four coun­tries.

The bank is en­gaged in pro­vid­ing com­mer­cial bank­ing and re­lated ser­vices in Pak­istan and overseas. The bank also han­dles trea­sury trans­ac­tions for the Government of Pak­istan (GOP) as an agent to the State Bank of Pak­istan (SBP). This was stated by Na­tional Bank of Pak­istan Cor­po­rate Com­mu­ni­ca­tion & Brand Man­age­ment Di­vi­sion Head Syed Ibne Has­san in a spe­cial in­ter­view with Daily The Pak Banker on Tues­day. He said that due to dy­namic lead­er­ship of Pres­i­dent Qa­mar Hus­sain & Chief Op­er­at­ing Of­fi­cer (COO) Dr Asif Brohi NBP has been able to make its mark in the fi­nan­cial world. Has­san said that among so many other achieve­ment agri­cul­tural fi­nanc­ing is worth prais­ing.

“NBP is lead­ing in agri­cul­ture credit fi­nanc­ing to other banks and fi­nan­cial in­sti­tu­tions in the coun­try by lend­ing Rs 45789.5 mil­lion (106% of achieve­ment) among nearly 241,296 farm­ers as on 30th June 2012, against a tar­get of Rs 43200 mil­lion. NBP’s to­tal out­stand­ing of Rs. 41527.657 mil­lion (108% of achieve­ment) dur­ing one year ex­ceeded by Rs 3027.657 mil­lion as on 30th June 12, ris­ing against a tar­get of Rs 38500 mil­lion,” he in­formed, adding that out of to­tal 1,283 domestic on­line branches, 875 are in­volved in ca­ter­ing to the needs of farm­ers while it of­fers com­plete range of com­mer­cial bank­ing ser­vices, on the key ar­eas is lend­ing to farm­ers. He said dur­ing the pe­riod the per­cent­age of non-per­form­ing loans of NBP was about 7.6 per­cent as on June 30, 2012 com­pared to 15 per­cent av­er­age NPL’s of com­mer­cial banks in agri­cul­tural. The other dis­tin­guish­ing fea­ture of NBP is the com­pet­i­tive mark up rate, which is lower than the rate be­ing charged by other com­mer­cial banks.

To a ques­tion about the sat­is­fac­tion level of the share holder, Has­san said that NBP ‘s man­age­ment had done a mar­velous job for its share hold­ers this year by in­creas­ing its af­ter tax profit by Rs11.8 bil­lion as com­pared to the last year’s fig­ures. In terms of per­cent­age, this in­crease is around 4% as com­pared to last year’s profit. This pro­vides the earn­ing per share to its share­hold­ers at Rs6.38. Share­hold­ers earned last year Rs 6.16 last year.

While talk­ing about the good will of the bank at the in­ter­na­tional level the cor­po­rate com­mu­ni­ca­tion head proudly said that the Bank also re­ceived Deal of the Year Award from The Banker mag­a­zine dur­ing the year.

“The Banker Mag­a­zine (UK) has hon­oured NBP with ‘Bank of the Year’ Awards in 2008, 2010 and 2011 and listed among the top 1,000 banks of the world for 2012. Global Fi­nance Mag­a­zine has awarded NBP as the “Best Emerg­ing Mar­kets Bank (2011)”. He said that from Cor­po­rate and Re­tail Bank­ing to Agri­cul­ture and Is­lamic Bank­ing, NBP is of­fer­ing valu­able ser­vices in al­most all the ar­eas of bank­ing. Apart from this NBP has taken ma­jor steps in the ar­eas of risk man­age­ment, in­for­ma­tion tech­nol­ogy, op­er­a­tions and hu­man re­sources.

Talk­ing about ca­pac­ity build­ing of the bank em­ploy­ees, he said that the bank strongly be­lieves in hir­ing young en­er­getic em­ploy­ees and also at­tract­ing, de­vel­op­ing and re­tain­ing good qual­ity pro­fes­sion­als. NBP or­gan­ised train­ing for over 25 Gen­eral Man­agers (Credit) of the Bank from all over the coun­try in Karachi. The ob­jec­tive of this pro­gram was to fur­ther de­velop their an­a­lyt­i­cal and pro­fes­sional skills for ef­fec­tively pro­cess­ing of credit pro- pos­als, aug­ment­ing credit mon­i­tor­ing skills and through an­a­lyt­i­cal ap­proach recog­nise early sig­nals for non-per­form­ing loans,” Has­san said, adding that fo­cus of the train­ing was also to ex­pand credit to farm­ers and other small & medium en­ter­prises to gen­er­ate more em­ploy­ment in th­ese in­dus­tries by help­ing them to be fi­nan­cially vi­able.

Has­san said that NBP be­sides of­fer­ing em­ploy­ment op­por­tu­ni­ties to the dis­abled peo­ple in dis­charge of its Cor­po­rate So­cial Re­spon­si­bil­i­ties (CSR) has taken an­other ini­tia­tive to im­part them train­ing to trans­form them to use­ful bankers and be able to serve the so­ci­ety in a bet­ter way to gain recog­ni­tion and re­spect. Un­der the Um­brella of Train­ing and Or­gan­i­sa­tion Devel­op­ment Group such train­ings have al­ready been con­ducted for the dis­abled em­ploy­ees of Sahi­wal, Multan, Ba­hawalpur, D.G Gu­jran­wala, Sialkot etc.

He said that NBP Train­ing Cen­ter, Pe­shawar will be con­duct­ing train­ing pro­gram for all its dis­abled em­ploy­ees work­ing in North­ern Ar­eas in­clud­ing KPK Province and in due course all parts of the coun­try will be cov­ered un­der this train­ing. NBP has com­menced Foree Cash and Foree Trans­fer home re­mit­tance ser­vices with Ria Fi­nan­cial ser­vices, a wholly owned sub­sidiary of Euro net World-wide. He also shed lights on in­tro­duc­ing lat­est tech­nol­ogy in the field by telling that first ever So­lar ATM is launched by NBP at De­fence Hous­ing So­ci­ety Branch, Ko­rangi Road Karachi. This ATM func­tions with so­lar en­ergy with­out its much de­pen­dence on gen­er­ated elec­tric­ity and NBP fur­ther in­tends to in­stall ATMs on so­lar en­ergy so as to use nat­u­ral re­sources with­out mis­use of gen­er­ated elec­tric­ity and fuel.

Khan,

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