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Friday, December 3, 2004

Pakistani Bank Set to Open Branch In India

via www.paknews.com
The president of the National Bank of Pakistan (NBP), Syed Ali Raza, has confirmed that the bank will open a branch in India.

"The trade volume between the two countries would definitely grow with the opening of our branch in India," he said Talking to journalists after signing a Memorandum of Understanding (MoU) with another state controlled organisation, Small and Medium Enterprises Development Authority (SMEDA) at the NBP office on Wednesday, Raza said: "We open a branch keeping in mind our business activities. We preferred to open two branches in Afghanistan because we were sure we would get our cake during the re-construction period of Afghanistan…

 
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