Business News

NBP maintains profit growth after-tax Profit up by 11% YoY

ISLAMABAD, Oct 27 (APP): The meeting of the Board of Directors (BoD) of National Bank of Pakistan (bank) was informed on Thursday that Bank’s after-tax profit for the nine-month period increased by 11% to Rs. 13.4 billion compared to Rs. 12.1 billion for the corresponding nine months of 2015. Syed Ibne Hassan Vice President/ Spokesman-National Bank of Pakistan (NBP) Corporate Communication and Brand Management Division in a statement issued today said that Meeting of the Board of Directors (BoD) of National Bank of Pakistan (bank) was held on October 27, 2016 at Bank’s Head Office in Karachi. He said that during the meeting the BoD approved the financial statements of the bank for the nine months period ended September 30, 2016. He added that Bank’s after-tax profit for the nine months period increased by 11 percent to Rs. 13.4billion compared to Rs. 12.1 billion for the corresponding nine months of 2015.