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JCR-VIS reaffirms NBP ratings at AAA /A-1+

KARACHI : Credit rating company JCR-VIS has reaffirmed the entity ratings of National Bank of Pakistan (NBP) at AAA/A-1+
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By Imad Uddin
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National Bank of Pakistan KARACHI: Credit rating company JCR-VIS has reaffirmed the entity ratings of National Bank of Pakistan (NBP) at AAA/A-1+ with "stable outlook".

According to an announcement here Friday, NBP dominates the commercial banking sector with market share of 14 percent in total banking sector deposits.

The deposit base has exhibited healthy growth and the bank has maintained strong liquidity indicators. In addition to enjoying a large retail deposit base, the bank also holds a major portion of total public sector deposits.

NBP also enjoys one of the highest levels of capitalisation, among the larger banks.

 

Copyright APP (Associated Press of Pakistan), 2011

 

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