National Bank of Pakistan (NBPK)

National Bank of Pakistan provides various commercial banking products and services for individuals, corporate entities, and governments in Pakistan, the Asia Pacific, Europe, the United States, and the Middle East. It operates through Retail Banking Group, Inclusive Development Group, Corporate and Investment Banking, Treasury, International Financial Institution and Remittance, and Aitemaad and Islamic Banking segments. The company offers retail lending, loans, deposits, and other banking services to individuals, agriculture, commodity, and SME and commercial customers; financial services to medium and large sized public and private sector entities, tenured financing, corporate advisory, underwriting, trade products, corporate finance products, and customer services; and fixed income, equity, and foreign exchange services, as well as credit, funding, own position securities, lendings and borrowings, and derivatives for hedging and market making. It also provides Islamic banking products and services comprising current and saving deposit schemes, as well as term deposit certificates; financing facilities consisting of Ijarah, Murabaha, Salam, Istisna, Tijarat, and Diminishing Musharakah; and letter of credit, export bill collection services, and documentary and clean collection. In addition, the company offers account receivable discounting, LC discounting and refinancing, trade payment guarantees, risk participation, FI syndication and lending, bridge/project financing, electronic payment, fund transfer, cash management, issuing and honoring of demand drafts, comprehensive MIS, payment and disbursement, liquidity management, and account services. It operates multiple branches in Pakistan and internationally. The company was founded in 1949 and is based in Karachi, Pakistan.