BEIJING: The National Bank of Pakistan (NBP) has set up a stall in the Pakistan Pavilion at the China International Fair for Trade in Service (CIFTIS) to offer financial services to more and more clients in China and other countries to promote trade among them, Chief Representative, Shaikh Muhammad Shariq said on Sunday.

“CIFTIS is one of the largest exhibitions in China and we are participating in the exhibition by setting up our stall. With this exhibition, we want to connect more and more businessmen and traders and the financial institutions to expand our business and offer our services to more and more clients,” he told APP.

He said that this exhibition is related to trade in services which are one of the major components of the economy of any country. Hence, this exhibition will play a significant role in increasing the bilateral trade and investment between Pakistan and China as well as other countries.

Shaikh Shariq informed that the bank is already providing a number of financial services to customers not only in China but in 17 countries around the globe.

Pakistani firms like Special Technology Zone Authority (STZA), Pakistan International Airlines (PIA), NETSOL, ISBEI, National Logistic Corporation (NLC), Fb Enterprises and others have also set up booths to attract investors at CIFTIS, which takes place in Beijing from September 2 to 6.

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Syed Israr Ali Sep 05, 2023 12:46pm
NBP has already closed its Rep. Office in Beijing besides closing five more branches including in Europe, Hong Kong etc because of corruption and incompetence. Last year it silently paid penalty of about UD $650 million to Federal Reserve with outraising any eye brow or contesting same and squeezed it's operations in USA all due to corruption and incompetence. Neither any inquiry conducted nor any accountability held. Now what are these NBP people boasting for in pavilion in China.
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Muhammad Qasim Sep 05, 2023 06:29pm
NBP open/establish new NBP branch in Beijing China for huge non fund base income ,foreign reserve for Govt. Of Pakistan from China as well as NBP will also get big trench of Foreign Trade business,import export , foreign Bank Guarantees
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