Banking sector and capital market: NBP, NCCPL ink MoU to expand collaboration

National Bank of Pakistan (NBP) and the National Clearing Company of Pakistan Limited (NCCPL) have signed a memorandum of understanding (MoU) to expand collaboration between the banking sector and capital market. Through this MoU, NBP aims to drive collaborative innovation across the banking and capital market landscape, reinforcing its commitment to inclusive growth, sustainable finance, and the development of diversified funding avenues for Pakistan’s economic progress. Under the agreement, NBP will explore several avenues for integration with NCCPL. These include acting as a Financier for Margin Trading, allowing the bank to support investors in purchasing eligible securities in the ready market.