September 24, 2017 7:08 AM ET

Banks

Company Overview of NIB Bank Limited

Company Overview

As of July 7, 2017, NIB Bank Limited was acquired by MCB Bank Limited. NIB Bank Limited provides various banking products and services in Pakistan. It operates through Corporate and Investment Banking, Commercial, Retail, and Treasury segments. The Corporate and Investment Banking segment comprise 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, balancing, modernization, and replacement; and project financing, syndicated financing with advisory, underwriting, transactional banking, and initial pub...

PNSC Building

M.T. Khan Road

Karachi,  74000

Pakistan

2,153 Employees

Phone:

92 21 111 333 111

Fax:

92 21 3527 7322

Key Executives for NIB Bank Limited

NIB Bank Limited does not have any Key Executives recorded.

NIB Bank Limited Key Developments

Nib Bank Limited Reports Unaudited Earnings Results for the Quarter Ended March 31, 2017

NIB Bank Limited reported unaudited earnings results for the quarter ended March 31, 2017. For the quarter, the company reported net mark-up /interest income of PKR 1,061,891,000 compared to PKR 1,063,850,000 a year ago. Net mark-up/interest income after provisions was PKR 1,043,349,000 compared to PKR 1,173,213,000 a year ago. Profit before taxation was PKR 398,582,000 compared to PKR 1,949,751,000 a year ago. Profit after taxation was PKR 239,675,000 compared to PKR 1,267,341,000 a year ago. Basic and diluted earnings per share was PKR 0.02 compared to PKR 0.12 a year ago.

NIB Bank Limited to Report Q1, 2017 Results on Apr 19, 2017

NIB Bank Limited announced that they will report Q1, 2017 results on Apr 19, 2017

NIB Bank Limited, Board Meeting, Apr 19, 2017

NIB Bank Limited, Board Meeting, Apr 19, 2017, at 10:00 Pakistan Standard Time. Agenda: To consider the first quarterly accounts for the quarter ended March 31, 2017 along with other agenda items.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 7, 2016
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