NIB Bank Limited, a scheduled commercial bank, provides personal, commercial, and corporate banking services in Pakistan. The company operates in Corporate and Investment Banking, Retail, Small & Medium Enterprises and Commercial, and Treasury segments. The Corporate and Investment Banking segment represents funded and non funded credit facilities of working capital financing, including seasonal finance, trade finance, cash finance, running finance, guarantees, and bills of exchange relating to corporate customers, as well as for long term expansion, BMR, project financing, and syndicated financing. It is also involved in advisory, underwriting, transactional banking, and IPO related activit...
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NIB Bank Limited Announces Executive Changes
Apr 22 15
NIB Bank Limited announced that Mr. Lee Boon Huan has been appointed as Director, subject to the approval from the State Bank of Pakistan in place of Mr. Ong Kian Ngee whose resignation has been accepted by the Board with immediate effect.
NIB Bank Limited Reports Unaudited Unconsolidated and Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 22 15
NIB Bank Limited reported unaudited unconsolidated and consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, on unconsolidated basis, net mark-up/interest income was PKR 1,171,181,000 compared to PKR 857,801,000 a year ago. Profit before tax was PKR 446,769,000 against PKR 428,065,000 a year ago. Profit after tax was PKR 290,401,000 or PKR 0.03 per basic and diluted share compared to PKR 285,183,000 or PKR 0.03 per basic and diluted share a year ago.
For the quarter, on consolidated basis, net mark-up/interest income was PKR 1,172,577,000 compared to PKR 859,266,000 a year ago. Profit before tax was PKR 165,590,000 against PKR 591,119,000 a year ago. Profit attributable to equity holders of the bank was PKR 14,122,000 or PKR 0.001 per basic and diluted share compared to PKR 413,199,000 or PKR 0.040 per basic and diluted share a year ago.
NIB Bank Limited to Report Q1, 2015 Results on Apr 22, 2015
Apr 15 15
NIB Bank Limited announced that they will report Q1, 2015 results on Apr 22, 2015