Report

Topic :-
National Bank of Pakistan

Submitted To :-
Masood Ahmad

Submitted From :-
Nazia Javed 2016-ag-2909
Sadaf Iftikhar 2016-ag-3680
Wajeeha Afzal 2016-ag-806
Urooj Fatima 2016-ag-3712
National Bank of Pakistan :-
National Bank of Pakistan (NBP) is a major Pakistani
commercial bank with headquarters in Karachi. Although
state-owned, it operates as commercial bank, while still
continuing to act as trustee of public funds and as the agent
to the State Bank of Pakistan in places where SBP does not
have a presence, as SBP is the major shareholder of NBP.

The bank provides both commercial and public sector banking

services. It is a lead player in the debt equity market,
corporate investment banking, retail and consumer banking,
agricultural financing, treasury services.

As of March 2017 it has 1,450 branches across Pakistan with

assets of approximately USD 17.2 billion.[2] The Bank also
operates a network of 21 international branches, 2
international Subsidiaries and 3 international Representative
Offices.

National Bank of Pakistan has developed a wide range of

consumer products, to enhance business and cater to the
different segments of society and meet its social
responsibilities. Some schemes have been specifically
designed for the low to middle income segments of the
population.

It has implemented special credit schemes like small finance

for agriculture, business and industries, administrator to
Qarz-e-Hasna loans to students, self-employment scheme for
unemployed persons, public transport scheme.

History :-
1949 National Bank of Pakistan (NBP) was established under
the National Bank of Pakistan Ordinance of 1949 and was
government-owned. NBP acted as an agent of the central bank
wherever the State Bank did not have its own branch. It also
undertook government treasury operations. Its first branches
were in jute growing areas in East Pakistan. Offices in Karachi
and Lahore followed.

Operations :-
A number of initiatives have been taken, in terms of
institutional restructuring, changes in the field structure, in
policies and procedures, in internal control systems with
special emphasis on corporate governance, adoption of Capital
Adequacy Standards under Basel III framework, in the
upgradation of the IT infrastructure and developing the
human resources.

Subsidiaries :-
The NBP's subsidiaries are Taurus Securities Ltd, NBP
Exchange Company Ltd, NBP Leasing Ltd, NBP Modaraba
Management Company Ltd, and CJSC Bank, Almaty,
Kazakhstan. The Bank's joint ventures is United National Bank
(UK).

International offices :-
National Bank of Pakistan branch in Washington, D.C.

NBP also has branches /offices in the United States, UK,

Canada, Germany, France, Bahrain, Egypt, Bangladesh, Hong
Kong, Japan, South Korea.