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May 04, 2015 8:02 AM ET

Banks

Company Overview of NIB Bank Limited

Company Overview

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...

PNSC Building

M.T. Khan Road

Karachi,  74000

Pakistan

Phone:

92 21 111 333 111

Key Executives for NIB Bank Limited

NIB Bank Limited does not have any Key Executives recorded.

NIB Bank Limited Key Developments

NIB Bank Limited Announces Executive Changes

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

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

NIB Bank Limited announced that they will report Q1, 2015 results on Apr 22, 2015

Similar Private Companies By Industry

Company Name Region
Union Bank Ltd Middle East/Africa
Khushhali Bank Limited Middle East/Africa
Mybank Ltd. Middle East/Africa
Al Baraka Bank (Pakistan) Limited Middle East/Africa
Barclays Bank PLC, Pakistan Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 4, 2015
PICIC Asset Management Company Ltd.
 

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