National Bank of Pakistan (NBP) focused its financing efforts towards implementation of wind and hydel projects in the past two years and such renewable energy projects shall remain a major priority for the bank due to their positive contribution towards Pakistan’s energy mix and long-term sustainable electricity generation capacity. “The NBP has remained at the forefront of energy sector project financing in Pakistan. This financing will continue to be a priority sector for NBP over the coming years. To date, NBP’s total exposure to the energy sector stands in excess of Rs 160 billion,” a statement from the bank said on Friday. NBP has taken pride in being the largest public sector commercial bank in the country and is ranked amongst the top 1,000 banks of the world, the statement added. It said NBP was also the first bank in Pakistan to cross the highly coveted one trillion rupees mark in 2010. With one of the largest domestic branch networks across Pakistan, representation in six international geographical areas ranging from North America to the Far East, a joint venture operating in the United Kingdom and a subsidiary in Kazakhstan, NBP can be termed Pakistan’s largest international commercial bank.
