Karachi, October 30, 2019: Meeting of the Board of Directors (BoD) of National Bank of Pakistan was held today i.e. October 29, 2019 at the bank’s Head Office in Karachi in which the BoD approved financial statements of the bank for the nine-months period ended June 30, 2019. For the nine-months period, total income of…
Karachi, October 28, 2019: Pak Suzuki Motor Company Limited (PSMC) announced its 3QCY19 financial result today where the company declared a loss after tax of PKR 1,161 million (LPS: PKR 14.11), compared to a profit after tax of PKR 95 million (EPS: PKR 1.15) in 3QCY18 and a loss of PKR 545 million (LPS: PKR…
Donors and policymakers in developing countries have placed a key focus on Financial Inclusion in the development policy agenda. The rationale for financial inclusion is simple; through inclusivity, marginalized segments of the society e.g. lower income strata, women and youth are provided with an effective interface to access financial services, allowing them to be linked…
Karachi, September 25, 2019: Pakistan State Oil (PSO), the leading oil marketing company of the country, convened its Board of Management (BoM) at PSO Headquarters in Karachi to review the performance of the company during the financial year ended June 30, 2019. Despite the challenging economic scenario, reduction in the size and the increasing competition…
Karachi, September 25, 2019: The World Bank technical team (FCI) visited the National Bank of Pakistan Head Office to discuss the dynamics of Pakistan’s financial sectors, particularly the development finance landscape and the role NBP can play in this area. The World Bank Group is conducting this analysis on the request of the Ministry of…