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FNBM shows positive recovery amid NPL challenges

Summary by mettisglobal.news
April 04, 2025 (MLN): First National Bank Modaraba (PSX: FNBM) has shown a positive trajectory in its recovery efforts, despite facing challenges due to provisioning charged on its Non-Performing Loans (NPLs) in compliance with SECP's Modaraba Regulations. The company has successfully filed recovery suits in court, with favorable decree orders obtained from Banking Courts, and execution proceedings are currently underway. FNBM’s resilience is ev…
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FNBM shows positive recovery amid NPL challenges

April 04, 2025 (MLN): First National Bank Modaraba (PSX: FNBM) has shown a positive trajectory in its recovery efforts, despite facing challenges due to provisioning charged on its Non-Performing Loans (NPLs) in compliance with SECP's Modaraba Regulations. The company has successfully filed recovery suits in court, with favorable decree orders obtained from Banking Courts, and execution proceedings are currently underway. FNBM’s resilience is ev…

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mettisglobal.news broke the news in on Friday, April 4, 2025.
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