A Review On Nation Bank Of Pakistan (NBP)

Attachment 22791

A Review On Nation Bank Of Pakistan (NBP)


National Bank of Pakistan is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of March 2017, it has 1,450 branches across Pakistan with assets of approximately USD 17.2 billion. Headquarters is in Karachi Pakistan. NBP Bank is Founded on November 9, 1949, Karachi. This Bank Organization is State Bank of Pakistan.


NBP Products & Services:

Account Types-

Choice Current Account
Asaan Account
Premiun Saver
Premium Aamdani
NBP Plus TDC
Bancassurance
Saibaan
Advance Salary
Karsaz (SME)
Cash Card
Cash n Gold
Kisan Taqat
Kisan Dost
Islamic Banking
Cash Management Service
Home remetince
Car loan
Business loan
House loan
Carporate Banking and Many more.

This activity to raise public funds is carried out by the bank by opening various savings products. It is hoped that with these products, people will be more aware of the correct and safer way to save money.

Not only ordinary savings, banks also present a choice of products in the form of deposits which are considered able to accommodate the wishes of people who want to save money and invest it. This product offers higher interest rates, but with a higher deposit than ordinary savings products.

Funds collected from the public by banks are of course not only allowed to settle. If it is only left unmanaged, of course there is no such thing as interest to customers. The goal of assisting the implementation of national development and equitable development also failed to materialize. To meet these objectives, the bank also functions as a channel for funds to people who need financial services from these institutions. The distribution of funds by banks is carried out by providing various credit facilities. By utilizing these facilities, the community is expected to improve their lives and generate efforts to support national development.

Savings are deposits of money that come from income that is not used for daily needs or other purposes. Deposits of money can be used and retrieved at any time without being bound by an agreement and time.
One of the savings that is most often used by many people today is in a bank. Banks offer many conveniences for prospective customers who want to save. One of the conveniences is being able to withdraw cash independently through an ATM machine (Automated Teller Machine) distributed by the Bank. When saving at a bank, customers generally will get facilities such as an ATM card, savings book, Mobile Banking and several other services in accordance with the policies of each bank.