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NBP's pre-tax profit increased by 211pc ISLAMABAD: The National Bank of Pakistan (NBP)'s profit before tax increased by 211 % in 2014 and stood at Rs. 22 billion .Profit after tax increased by 173% from Rs. 5.5 billion in year 2013 to Rs. 15 billion in year 2014, the Spokesman of NBP Syed Ibne-Hassan in a statement issued here said.He added that earnings per share were Rs. 7.06 in year 2014 as against Rs. 2.59 of 2013, an increase of 173%, and the bank paid cash dividend of Rs.5.5 per share (55%) for the year ended December 31, 2014.The Spokesman further said that bank managed to address challenges faced in 2013, which resulted in increase in profit in the year 2014.Highlighting the main focus areas, he said that focus were made on recoveries to bring down non-performing loans including PSEs, building liability team to procure low cost deposit and increase in average deposit per account, Introducing ...

SBP injects Rs 50.6bn into market KARACHI: State Bank of Pakistan (SBP) on Monday injected Rs 50.6 billion into the market for four days through its open market operation.The rate of return accepted is 6.5 percent per annum, said a SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs586.850bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 586.850 billion into market for seven days through its open market operation (OMO).The rate of return accepted is 7.49 percent per annum, said a SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
Pak forex figure $ 17.74901bn KARACHI: Total liquid foreign exchange reserves of the country stood at $ 17.74901 billion on May 15, said State Bank of Pakistan (SBP).SBP statement here on Thursday said, the foreign reserves held by State Bank amounted $ 12.51107 billion and the net foreign reserves held by other banks were $ 5.23704 billion.During the week ending May 15, SBP's liquid foreign exchange reserves decreased by $ 38 million to $ 12.512 billion compared to $ 12.550 ...
SBP injects Rs 95.5bn into market KARACHI: State Bank of Pakistan (SBP) on Thursday injected Rs 95.5 billion into market for one day through its open market operation (OMO).The rate of return accepted is 7.51 percent per annum, said an SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
Agricultural credit disbursement surges to Rs 368.7bn in first 10-month of FY15 ISLAMABAD: During the first ten months of current fiscal year (July 2014 - April 2015), banks disbursed Rs 368.7 billion which is 73.7% of the overall annual target of Rs 500 billion and 28% higher than disbursement of Rs 288.4 billion made during the corresponding period last year.The outstanding portfolio of agricultural loans has also surged by Rs 35.6 billion or 12.7% i.e. from Rs 280.7 billion to Rs 316.3 billion at end April 2015 ...
SBP injects Rs543.950bn KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 543.950 billion into market for seven days through its open market operation.The rate of return accepted is 7.49 percent per annum, said an SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln