NBP and NCCPL Partner to Strengthen Banking and Capital Markets Integration
NBP and NCCPL have signed an MoU to deepen collaboration between banking and capital markets in Pakistan. The partnership focuses on margin trading financing, custodian clearing membership, and liquidity enhancement to strengthen the country’s financial ecosystem and attract broader investor participation.
Usman Shahid Joins National Bank of Pakistan as Group Chief – Corporate and Investment Banking
National Bank of Pakistan appoints Usman Shahid as Group Chief – Corporate and Investment Banking, leveraging his 27 years of global experience to strengthen its corporate and investment banking portfolio.
Rehan Ali Qureshi Appointed as Department Head of IS Strategy and Policies at NBP
Rehan Ali Qureshi has been appointed as the Department Head of IS Strategy and Policies at National Bank of Pakistan. With 13 years of cybersecurity and IT governance experience, his leadership will play a key role in strengthening NBP’s digital security framework and guiding strategic security initiatives.
NBP and NAB join forces to digitize refund disbursements with secure SmartPay solution
National Bank of Pakistan and NAB have partnered to digitize and secure refund transactions through SmartPay, streamlining disbursements and enhancing transparency in Pakistan’s financial ecosystem.
KSE-100 Index Slides for Fourth Straight Session as Market Sentiment Weakens
The Pakistan Stock Exchange continues its losing streak as the KSE-100 index extends its decline for a fourth consecutive session, driven by institutional selling, foreign outflows, and investor unease despite positive economic indicators.
Rehmat Ali Hasnie Highlights Power of Financial Ecosystems in Driving Pakistan’s Economic Transformation
At the Pakistan Business Summit in Peshawar, NBP President & CEO Rehmat Ali Hasnie underscored the vital role of financial ecosystems, renewable financing, and investor confidence in accelerating Pakistan’s national growth and sustainable development.
PBA and SECP Host Consultative Workshop to Strengthen Bank-Capital Market Collaboration
PBA and SECP held a consultative workshop in Karachi on unlocking capital market potential for banks, with Finance Minister Muhammad Aurangzeb as Chief Guest. Industry leaders and regulators discussed strengthening collaboration, diversifying financing avenues, and fostering sustainable economic growth.
NBP Partners with Jubilee Life to Introduce Shariah-Compliant Takaful and Savings Plans Across Pakistan
National Bank of Pakistan and Jubilee Life Insurance have joined hands to launch innovative Shariah-compliant and conventional insurance products, expanding healthcare and savings options to support financial security for Pakistanis nationwide.
PSX Ends Flat After Volatile Day: Gains Just Enough to Stay in Green
The Pakistan Stock Exchange closed Monday’s session marginally in the green, with the KSE-100 Index gaining just 81.79 points. Investor caution prevailed amid regional tensions and a static policy rate, while select sectors led limited gains.
NBP Exits Global Hubs: Shuts Down Paris and New York Branches Amid Strategic Consolidation
National Bank of Pakistan (NBP) closes its branches in Paris and New York as part of a global consolidation strategy, citing financial losses and regulatory compliance challenges.