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Finally, NBP has announced Profit Bonus 2017 for NBP Staff

Finally, NBP has announced Profit Bonus 2017 for NBP Staff

Finally, prayers of NBP staff are accepted because President Saeed Ahmed National Bank of Pakistan has announced Profit Bonus 2017 to all NBP Staff members. According to the President’s Office Circular No: 05/2018 dated 18.05.2018, in 2017 National Bank of Pakistan made highest-ever after tax profit and the credit goes to our dedicated employees. Despite this improvement in our net profit we need to catch up with other peer banks on benchmarks such as return on equity and return on assets.

We have to remain focused on how we can improve upon our weaknesses and gear up to face the challenges of tomorrow. The Bank’s management despite taking cautionary approach towards the looming Challenges of increasing HR cost technology investment and pending litigations has decided to maintain our tradition of sharing the bank’s profit with its employees.

Below is the grade wise distribution chart for the profit bonus this year:

NBP,Profit Bonus,NBP President Saeed Ahmed,NBP Head Office Karachi

1: All those employees who were in the Bank’s service as on 30-06-2017 will be entitled for the profit bonus.
2: The employees joining the bank after 01-01-2017 till 30-06-2017 are entitled on pro-rata basis.
3: All those employees who retired / died during the year 2017 will be entitled on pro-rata basis.
4: All those employees who were on leave without pay for 180 days or more during the year 2017 are not entitled.
5: All those employees who resigned from the Bank’s service during the year 2017 are not entitled.
6: Payment of profit bonus 2017 for employees currently reported as unauthorized absent/ under suspension should be treated as per Bank’s rules and separately reported to HR Management Group.
7: The disbursement of profit bonus to the employees must be strictly in compliance With Bank’s Circular No. HRM&AG/IDW/2008/4196 dated 12-09-2008 of HR Management Group.

The management is confident that with the dedicated efforts of all employees, “our performance will be in line with the industry in coming years.

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