National Bank 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”. NBP offers not only public but also commercial services to its customers. NBP has a wide range of customers all over Pakistan. NBP is a well developed bank with approximately 1200 branches in different cities of Pakistan. Total assets of NBP 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 NBP 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 NBP 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
