HBL and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to enhance the role of commercial banks in Pakistan’s capital markets. This important agreement positions HBL as the first bank to form a partnership with NCCPL.
Under this MoU, HBL aims to pursue opportunities in capital markets such as Margin Trading, evaluating the custodian clearing member’s role, and utilizing NCCPL’s Capital Gains Tax (CGT) services.
Speaking at the ceremony, Muhammad Nassir Salim, President & CEO – HBL said: “This partnership will enable us to provide enhanced services to our clients. In today’s world, where digitization and value creation are paramount, this collaboration will be instrumental in achieving our goal of seamlessly accelerating topline growth by improving our products and service levels.”
Commenting on the occasion, Naveed Qazi, CEO – NCCPL, said: “This MoU reflects our continued efforts to foster integration between financial institutions and the capital market ecosystem. We believe this collaboration will pave the way for increased market participation and greater investor facilitation.”
HBL is absolutely a fraud bank I have a worst experience with the bank it is a finance corporation they have devised so many techniques to usurp the money of Common man I am going to iniciate Civil and criminal proceedings against the plunderers internationally the people must be made aware of
Yes
Sir surjani town karachi me aapni branch open karle plz
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