Latest news with #NationalBankofPakistan
Business Recorder
a day ago
- Business
- Business Recorder
NBP surpasses Rs100bn financing
KARACHI: National Bank of Pakistan (NBP) has achieved a major milestone, surpassing Rs 100 billion in total outstanding loans secured against gold, serving both the agriculture and consumer segments. With over 173,000 valued borrowers, NBP's Gold Loan portfolio is one of the fastest-growing and most secure consumer lending products in the banking industry. These loans offer quick, easy processing and are designed to meet urgent financial needs with minimal hassle, ensuring customers' gold remains safe and returned in full upon repayment. Sharing his views, Rehmat Ali Hasnie, President NBP, said, 'This milestone is a testament to the unwavering trust of our customers placed in National Bank of Pakistan. We remain firmly committed to delivering secure, accessible, and efficient financial solutions. Gold Loan portfolio continues to empower individuals and communities across Pakistan, helping them unlock opportunities. Our teams believe in innovation and expansion to promote financial inclusion and drive sustainable economic growth.' As one of Pakistan's leading financial institutions, NBP is committed to driving progress and securing brighter futures for all its customers. This milestone signals the start of a dynamic new chapter in the Bank's journey - one defined by deeper financial inclusion, enhanced customer trust, and unwavering service excellence. Copyright Business Recorder, 2025
Business Recorder
29-05-2025
- Business
- Business Recorder
NBP opens ATM service at cattle market
KARACHI: National Bank of Pakistan (NBP) has installed an ATM booth at the cattle market near the Northern Bypass in Karachi to provide fast, secure, and convenient banking services during the busy Eid season. This initiative, part of the State Bank of Pakistan's 'Go Cashless' campaign, is designed to promote digital transactions and financial inclusion. Dedicated NBP staffers are stationed on-site to support customers and ensure smooth ATM usage, enhancing overall user experience. The availability of ATM services within the market reduces the need to carry large sums of cash, increasing both convenience and safety for traders, farmers, and buyers. Faisal Ahmed Topra, SEVP & Group Chief (A), Retail Banking Group at NBP, emphasised the bank's commitment: 'We are proud to extend our ATM services to the Cattle Market in Karachi, enabling secure and convenient cashless transactions. This initiative supports seamless business activity and reflects our commitment to financial inclusion.' Copyright Business Recorder, 2025
Business Recorder
27-05-2025
- Business
- Business Recorder
Eid-ul-Adha 2025: NBP installs ATM booth at Karachi cattle market
The National Bank of Pakistan (NBP) has installed an automated teller machine (ATM) booth at the cattle market near the Northern Bypass in Karachi, according to a statement on Tuesday. The NBP said the initiative was part of the State Bank of Pakistan's (SBP) 'Go Cashless' campaign and was designed to promote digital transactions and financial inclusion. Last week, the SBP initiated a nationwide 'Go Cashless' campaign with an aim to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Adha this year. 'Dedicated NBP staff are stationed on-site to support customers and ensure smooth ATM usage, enhancing overall user experience. The availability of ATM services within the market reduces the need to carry large sums of cash, increasing both convenience and safety for traders, farmers, and buyers,' the statement read.
Business Recorder
20-05-2025
- Business
- Business Recorder
National Bank of Pakistan advances technology to power smarter banking solutions
KARACHI: In pursuit of innovation and excellence in customer service, National Bank of Pakistan (NBP) has successfully completed a major upgrade of its banking technology platform. This strategic enhancement demonstrates NBP's ongoing commitment to harnessing modern innovations to streamline operations. The improved banking platform introduces a suite of enhancements, including accelerated transaction processing, significantly reduced system downtime, and greater operational efficiency across branches and digital channels. The modern infrastructure enables NBP to offer faster, smarter, and more secure banking services to millions of customers nationwide and internationally. In addition to performance improvements, the system advancement brings state-of-the-art security features, offering stronger data protection while minimizing potential vulnerabilities. Customers will also benefit from more intuitive mobile and digital banking services, powered by technology-driven insights and personalized financial tools. NBP's investment in modernizing its banking infrastructure reflects our long-term vision of transforming NBP into a tech-enabled, customer-centric institution. With this transformation, the bank has positioned itself to serve its customers with enhanced agility, reliability, and convenience, while aligning with global best practices in digital banking and regulatory compliance. The platform is designed with scalability in mind, supporting future growth, new branch integrations, and expansion across digital touchpoints. It is also optimized for seamless integration with fintech platforms and third-party services, promoting a more connected and innovative banking ecosystem, laying the foundation for future digital and advanced banking services. NBP extends its sincere appreciation to its valued customers for their continued support and trust during this critical transformation. This achievement marks a significant step forward in the Bank's mission to deliver world-class banking experiences, both in Pakistan and globally. Copyright Business Recorder, 2025
Business Recorder
20-05-2025
- Business
- Business Recorder
NBP advances technology to power smarter banking solutions
KARACHI: In pursuit of innovation and excellence in customer service, National Bank of Pakistan (NBP) has successfully completed a major upgrade of its banking technology platform. This strategic enhancement demonstrates NBP's ongoing commitment to harnessing modern innovations to streamline operations. The improved banking platform introduces a suite of enhancements, including accelerated transaction processing, significantly reduced system downtime, and greater operational efficiency across branches and digital channels. The modern infrastructure enables NBP to offer faster, smarter, and more secure banking services to millions of customers nationwide and internationally. In addition to performance improvements, the system advancement brings state-of-the-art security features, offering stronger data protection while minimizing potential vulnerabilities. Customers will also benefit from more intuitive mobile and digital banking services, powered by technology-driven insights and personalized financial tools. NBP's investment in modernizing its banking infrastructure reflects our long-term vision of transforming NBP into a tech-enabled, customer-centric institution. With this transformation, the bank has positioned itself to serve its customers with enhanced agility, reliability, and convenience, while aligning with global best practices in digital banking and regulatory compliance. The platform is designed with scalability in mind, supporting future growth, new branch integrations, and expansion across digital touchpoints. It is also optimized for seamless integration with fintech platforms and third-party services, promoting a more connected and innovative banking ecosystem, laying the foundation for future digital and advanced banking services. NBP extends its sincere appreciation to its valued customers for their continued support and trust during this critical transformation. This achievement marks a significant step forward in the Bank's mission to deliver world-class banking experiences, both in Pakistan and globally. Copyright Business Recorder, 2025
