NBP branch in Riyadh

KARACHI NBP has officially inaugurated its branch in Riyadh Kingdom of Saudi Arabia. Governor Saudi Arabian Monetary Agency (SAMA), H E Dr Muhammad Bin Suleiman AlJasser inaugurated the branch at main King Fahad Road, in front of Kingdom Tower, Riyadh, Says a press release. While speaking on the occasion, he appreciated the contributions from Pakistanis in establishment of SAMA. He also expressed hope that inauguration of the branch will result in improving trade & business relationship and strengthen long lasting friendship bond between both brotherly countries while maintaining strict adherence to SAMA regulatory guidelines. NBP is Pakistans largest bank with total capital of $1.496 billion (SAR5.610billion), total asset base of $12billions(SAR45billion) and earned net profit of $204million (SAR765.0million last year). NBP as well as the Government of Pakistan are wholeheartedly obliged and thankful to "His Majesty King Abdullah bin Abdul-Aziz Al Saud, the custodian of the two holy mosques and Governor Sama "His Excellency Dr Muhammad Bin Sulaiman AlJasser" for giving this opportunity to explore and contribute for almost 1.5 million Pakistanis. who are working in KSA and making significant contributions for prosperity and progress of Pakistan.

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