National Bank
National Bank of Pakistan is a semi-government and international bank of Pakistan. It was founded in 1948 by the National Bank Ordinance. Its principal office is located in Karachi. National bank of Pakistan is commonly called as "NBP". National Bank of Pakistanoffers not only public but also commercial services to its customers. It has a wide range of customers all over Pakistan. It is a well developed bank with approximately 1200 branches in different cities of Pakistan. Total assets of National Bank of Pakistan in the year 2007 were 12.293 billion USD. NBP Capital, NBP Exchange Company, Taurus Securities, NBP Almaty, NBP Modaraba Management Company all these are the subsidiaries of NBP. Current chairman of National Bank of Pakistan is Syed Ali Raza. NBP has wide range of commercial and public sector customers, it is not only serving in Pakistan but also it has branches across the borders of Pakistan. Here is the list of NBP branches:
Sindh Branches
Sindh branches are located in the following cities:
Karachi, Dadu, Sakhar, Hyderabad, Jaccobabad, Shikarpur, Larkana, Mirpur khas, Badin, Nawabshah, Sukkur, Tharparker, Khairpur.
Punjab Branches
Punjab branches are located in the following cities:
Bhawalpur, Lahore, Faisalabad, Gujranwala, Sialkot, Narowal, Jhang, Jehlum, Gujrat, Chakwal, Bhakkar, Multan, D.G Khan, R.Y Khan, Murree, Attock, Rawalpindi, Sahiwal, Gilgit, Sargodha, Sheikhupura, Darya khan.
NWFP Branches
NWFP branches are located in the following cities:
Abbottabad, Peshawar, Mingora, Mardan, Bannu, Mansehra, D.I.Khan, Kohat.
Baluchistan Branches
Balochistan branches are located in the Quetta city.
Azad Kashmir Branches
In Azad Kashmir National Bank of Pakistan branches are located in Mirpur and Muzaffarabad.
International branches are located in UK, USA, Canada, Germany, Bahrain, France, Egypt, Bangladesh, Hong Kong, Japan, South Korea, The peoples Republic of China, Turkmebistan, Krygyz Republic, Afghanistan, Kazakhstan, Azerbaijan and Uzbekistan.
Services Offered By NBP
The main services that are being offered by the NBP are as follows:
- Mail transfer
- Pay order
- Letter of credit
- Swift system
- Foreign currency account
- NIDA equity investment
- Short-term investment
- Demand drafts
- Commercial finance
- Trade finance
- Foreign remittance
- Home finance
- International finance and others