NIB Bank

About NIB Bank: NIB Bank is one of the largest foreign banks in Pakistan with an extensive branch network spread over 52 cities across the country. It is also one of the largest corporate entities of the country with a paid up capital of PKR 103 billion. The Bank continues to serve its customers for all their financial and banking needs through its network of 170+ branches, all connected online, and 160 ATMs. The Bank’s resolve to provide world-class financial products and services to the banking population of Pakistan is driven by its key business units including Retail Banking, Commercial Banking, Corporate and Investment Banking and Treasury Services. NIB Bank is headquartered at the PNSC Building in Karachi, Pakistan. Six floors of this iconic building serve as the nerve centre of the Bank’s footprint in Pakistan. History of NIB Bank: NIB Bank started operations in October 2003 when National Development Leasing Corporation (NDLC) and the Pakistan operations of IFIC Bank were amalgamated. The Bank grew rapidly and further acquisitions took place – the Pakistan operations of Credit Agricole Indosuez were acquired in April 2004, and in 2007, PICIC Commercial Bank Limited merged with the Bank. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank, through its wholly owned subsidiary, with a stake in excess of 88%. Strategic Intent: To be a high performance bank admired for Innovation, Customer Service and Inspired Employees.