NBP to launch initiatives, celebrates 70 anniversary.
KARACHI -- National Bank of Pakistan (NBP) has proved itself as a leading commercial bank of the country in terms of assets and profit, and was prepared to launch initiatives for promotion of inclusive banking and to meet the local and global economic challenges.
" National Bank has strong assets base amounting to Rs 3 trillion. It is the backbone of national economy and we will do more for the nation," said NBP's President Arif Usmani on Tuesday while speaking at 70th anniversary celebrations organized here at NBP Head Office.
NBP Chief said that under the new initiatives the bank would focus on the financing of agriculture, SMEs and of the projects/businesses aimed at women empowerment. For this purpose, he added, an exclusive group had been formed to achieve the targets within shortest possible time. He said strengthening of agriculture was must for the prosperous Pakistan and SMEs were the second largest and important economic sector. However, SMEs people were shy to get loan from banks because of lack of information about the loan procedure. "We are organizing seminars in different areas of the country to train SMEs people. These training sessions are titled Certified to Borrow," he said adding that this certificate would work as license for getting loans for SMEs and NBP would give discount in interest rate to these certified SMES borrowers.
Arif Usmani said the bank had also gone for systematic up-gradation and the use of latest technology to provide best services to its customers in the era of digitalization. The had prepared to move with digital revolution. Around seventy five million cellular phones were in the country and the people wanted banking...
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