December 04, 2016 5:54 AM ET

Banks

Company Overview of NIB Bank Limited

Company Overview

NIB Bank Limited, a scheduled commercial bank, 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, project financing, syndicated financing with advisory, underwriting, transactional banking, and initial public offerings related activities. The Commercia...

PNSC Building

M.T. Khan Road

Karachi,  74000

Pakistan

2,177 Employees

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 Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

NIB Bank Limited announced unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net mark-up/interest income of PKR 1,157,836,000 against PKR 1,153,268,000 a year ago. Net mark-up/interest income after provisions was PKR 1,571,014,000 against PKR 1,224,327,000 a year ago. Total non mark-up/interest income was PKR 676,107,000 against PKR 682,839,000 a year ago. Profit before taxation from continuing operations was PKR 650,300,000 against PKR 408,351,000 a year ago. Profit after taxation from continuing operations was PKR 422,693,000 or PKR 0.04 basic and diluted per share against PKR 265,429,000 or PKR 0.03 basic and diluted per share a year ago. Profit after taxation was PKR 422,693,000 or PKR 0.04 basic and diluted per share against PKR 265,429,000 or PKR 0.03 basic and diluted per share a year ago. For the nine months, the company reported net mark-up/interest income of PKR 3,386,250,000 against PKR 3,375,054,000 a year ago. Net mark-up/interest income after provisions was PKR 3,622,102,000 against PKR 2,422,877,000 a year ago. Total non mark-up/interest income was PKR 2,045,606,000 against PKR 5,093,950,000 a year ago. Profit before taxation from continuing operations was PKR 982,040,000 against PKR 2,695,337,000 a year ago. Profit after taxation from continuing operations was PKR 638,326,000 or PKR 0.06 basic and diluted per share against PKR 1,751,970,000 or PKR 0.17 basic and diluted per share a year ago. Profit after taxation was PKR 1,630,719,000 or PKR 0.16 basic and diluted per share against PKR 1,751,970,000 or PKR 0.17 basic and diluted per share a year ago.

NIB Bank Limited to Report Q3, 2016 Results on Oct 25, 2016

NIB Bank Limited announced that they will report Q3, 2016 results on Oct 25, 2016

NIB Bank Limited, Board Meeting, Oct 25, 2016

NIB Bank Limited, Board Meeting, Oct 25, 2016, at 10:00 Pakistan Standard Time. Agenda: To approve the third quarterly accounts for the period ended September 30, 2016.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 6, 2016
Picic Insurance Ltd.
 

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