NBP exceeds Rs 100bn in total outstanding loans that are secured against gold

By Our Correspondent
|
June 05, 2025
A representational image showing NBP board outside a building. — Radio Pakistan/File

KARACHI: National Bank of Pakistan (NBP) has achieved a major milestone, surpassing Rs100 billion in total outstanding loans secured against gold, serving both the agriculture and consumer segments, a statement said on Wednesday.

With over 173,000 valued borrowers, NBP’s gold loan portfolio is one of the fastest-growing and most secure consumer lending products in the banking industry. These loans offer quick, easy processing and are designed to meet urgent financial needs with minimal hassle, ensuring customers’ gold remains safe and is returned in full upon repayment.

Rehmat Ali Hasnie, president of NBP, said, “We remain firmly committed to delivering secure, accessible, and efficient financial solutions. Gold Loan portfolio continues to empower individuals and communities across Pakistan, helping them unlock opportunities. Our teams believe in innovation and expansion to promote financial inclusion and drive sustainable economic growth.”