National Bank of Pakistan 

is the largest commercial bank operating in Pakistan . Its balance sheet

size surpasses that of any of the other banks functioning locally. It has redefined its role and has
moved from a public sector organization into a modern commercial bank. The Bank's services are
available to individuals, corporate entities and government. While it continues to act as trustee of
public funds and as the agent to the State Bank of Pakistan (in places where SBP does not have a
presence) it has diversified its business portfolio and is today a major lead player in the debt equity
market, corporate investment banking, retail and consumer banking, agricultural financing, treasury
services and is showing growing interest in promoting and developing the country's small and
medium enterprises and at the same time fulfilling its social responsibilities, as a corporate citizen.

 
In today's competitive business environment, NBP
needed to redefine its role and shed the public sector
bank image, for a modern commercial bank. It has
offloaded 23.2 percent share in the stock market, and
while it has not been completely privatized like the
other three public sector banks, partial privatization
has taken place. It is now listed on the Karachi Stock
Exchange.

 
National Bank of Pakistan is today a progressive, efficient,
and customer focused institution. It has developed a wide
range of consumer products, to enhance business and cater
to the different segments of society. Some schemes have
been specifically designed for the low to middle income
segments of the population. These include NBP Karobar,
NBP Advance Salary, NBP Saiban, NBP Kisan Dost, NBP
Cash n Gold

It has implemented special credit schemes like small finance for agriculture, business and industries,
administrator to Qarz-e-Hasna loans to students, self employment scheme for unemployed persons,
public transport scheme. The Bank has expanded its range of products and services to include
Shariah Compliant Islamic Banking products. For the promotion of literature, NBP recently initiated
the Annual Awards for Excellence in Literature  . NBP will confer annual awards to the best books in
Urdu and in all prominent regional languages published during the defined period. Patronage from
NBP would help creative work in the field of literature. The Bank is also the largest sponsor of sports
in Pakistan . It has provided generously to philanthropic causes whenever the need arose.

It has taken various measures to facilitate overseas Pakistanis to send their remittances in a
convenient and efficient manner. In 2002 the Bank signed an agreement with Western Union for
expanding the base for documented remittances. More recently it has started Electronic Home
Remittances Project. This project introduces technology based system to handle inward remittances
efficiently, by ensuring that the Bank's branches keep a track of the remittance received from abroad
till its final receipt.

A number of initiatives have been taken, in terms of institutional restructuring, changes in the field
structure, in policies and procedures, in internal control systems with special emphasis on corporate
governance, adoption of Capital Adequacy Standards under Basel II framework, in the upgradation
of the IT infrastructure and developing the human resources.

National Bank of Pakistan has built an extensive branch network with 1250 branches in Pakistan
and operates in major business centre abroad. The Bank has representative offices in Beijing ,
Tashkent , Chicago and Toronto . It has agency arrangements with more than 3000 correspondent
banks worldwide. Its subsidiaries are Taurus Securities Ltd, NBP Exchange Company Ltd, NBP
Capital Ltd, NBP Modaraba Management Company Ltd, and CJSC Bank, Almaty , Kazakhstan . The
Bank's joint ventures are, United National Bank (UK), First Investment Bank and NAFA, an Asset
Management Company (a joint venture with NIB Bank & Fullerton Fund Management of Singapore).

The Bank's financial performance has been remarkable. In 2006, total assets are estimated at
Rs635 billion, while deposits have grown to nearly Rs502 billion. Pre-tax profit rose to Rs26 billion.
Earnings per share have jumped to Rs24.01 in 2006. The increase in profit was achieved through
strong growth in core banking income. Interest income increased by Rs10 billion through growth in
the loan portfolio as well as increase in spreads. Advances increased by Rs48 billion to Rs316
billion. The Bank maintains a sound loan portfolio diversified in nature to counter the risk of credit
concentration. It ranges from providing credit to the un-banked market segment under NBP Karobar,
to small and medium enterprises, to agricultural loans, to large corporate customers.

National Bank has earned recognition and numerous awards internationally. It has been the
recipient ofThe Bank of the Year 2001, 2002, 2004 and 2005 Award by The Banker Magazine, the
Best Foreign Exchange Bank –– Pakistan  for 2004, 2005, 2006 and 2007, Global Finance, Best
Emerging Market Bank from Pakistan  for the year 2005, Global Finance, Kissan Time Awards –
2005 for NBP's services in the agriculture field. It is listed amongst the Region's largest banks and
also amongst the largest banks in South Asia 2005, The Asian Banker. It has also been presented a
Recognition Award –– 2004 for having a Gender Sensitive Management by WEBCOP AASHA
besides other awards