Pakistan Company News

Transmission of Quarterly Report for the Period Ended March 31, 2019 of First National Bank Modaraba

Karachi, First National Bank Modaraba informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2019 have been transmitted through PUCARS and is also available on Company’s website.

First National Bank Modaraba is a multipurpose, perpetual and multi dimensional modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and rules framed there under and is managed by National Bank Modaraba Management Company Limited (a wholly owned subsidiary of National Bank of Pakistan), incorporated in Pakistan under the Companies Ordinance, 1984 and registered with registrar of Modaraba Companies. The Modaraba commenced its business operations on December 04, 2003 and is currently engaged in various islamic modes of financing and operations including Ijarah, Musharaka and Morabaha arrangements. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore.

The symbol “FNBM” is being used by the stock exchange for the shares of First National Bank Modaraba.