NBP

NBP transfers SME bank lending portfolio in demerger plan – Trendy Blogger

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NBP transfers SME bank lending portfolio in demerger plan – Trendy Blogger

National Bank of Pakistan (NBP) shareholders approved the scheme of arrangement to spin off part of the SME Bank’s lending portfolio at the Extraordinary General Assembly meeting held on January 6, 2025. The approval was given during the meeting, which took place at the NBP’s headquarters and electronically. The approved scheme includes the separation and … Read more

SBP shuts down NBP branch over fake notes worth Rs. 2 million – Trendy Blogger

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SBP shuts down NBP branch over fake notes worth Rs. 2 million – Trendy Blogger

Hafizabad: The State Bank of Pakistan (SBP) has closed the Hafizabad branch of the National Bank of Pakistan (NBP) after counterfeit notes totaling Rs. 2 million found. The counterfeit currency was deposited through a private bank, raising major concerns about oversight of banking procedures. As a result of this serious error, the SBP imposed Rs. … Read more