Karachi (PR): It is a proud moment for National Bank of Pakistan that a public sector enterprise has been declared recipient of Consumers’ Choice Award. The Organizers have chosen National Bank for Consumers’ Choice Award 2012 in the category of “Best Bank”.
These awards are conferred every year to those companies offering their products/services to the best interest of the consumers. Nominations for the Award were made through a comprehensive and objective survey conducted by volunteers and polling was also done through website.
In Pakistan, there are more than two dozen commercial banks offering freedom of choice to consumers to deal with a bank backed by long-lasting reliability, trust and confidence. The confidence of all the stakeholders in National Bank is re-endorsed various parameters.
The shareholders’ equity as on December 31, 2012 exceeded Rs116 billion, which may be termed as the highest amongst all the banks listed at the local stock exchanges in Pakistan.
Another feather in the cap is that NBP was Pakistan’s first commercial bank to achieve the historic ‘One Trillion’ mark whereby total deposits of NBP exceeded one trillion rupees.
International operations of the Bank deserve a specific mention, with 29 overseas locations in 19 countries around the globe. Although 2012 was not a good year due to global downturn, NBP consolidated its position in the regions it is present.
One of the strengths of the Bank is its hardworking and dedicated employees which is now almost exceeding 16,500.
Another feather in the cap is the size of lending to farmers. During 2012, the Bank disbursed over Rs43 billion among the farmers country wide. That was above the indicative target fixed for the Bank by the central bank.