Which Pakistani bank has been penalised with heavy fine by US authorities?

A. NBP
B. SBP
C. HBL
D. None of these

Submitted by: Farhan Sikandar Gondal

The state-owned National Bank of Pakistan (NBP) on Friday confirmed it had been fined $55.4 million by two US regulators, but maintained that no “improper transactions or willful misconduct” was found during the examination.

The Federal Reserve Board and the New York State Department of Financial Services (NYDFS) announced on Thursday they fined the NBP for serious compliance deficiencies and anti-money laundering violations.

Related Mcqs:

The National Bank of Pakistan (NBP) has been fined more than _________ million by United States authorities for anti-money laundering violations?
A. $45 million
B. $55 million
C. $75 million
D. None of these
Submitted by: Areesha Khan
Aitzaz ahsan has returned fine amount paid by CJP’s son to him.How much fine amount was paid by CJP’s son on the behalf of Aitzaz ahsan?
A. 20k
B. 30k
C. 10k
D. 50k
Submitted by: Kashif Ashraf
__________ Bank has been awarded the license to become the first Pakistani bank to offer financial services to clients in Beijing, China?
A. Habib Bank Limited (HBL)
B. Meezan Bank Limited (MBL)
C. Askari Bank Limited (ABL)
D. United Bank Limited (UBL)
Submitted by: Hafeez Alam Saila
Which bank creates history, becomes the first Pakistani bank to open a branch in Beijing, China?
A. NBP
B. HBL
C. Meezan Bank
D. First Women Bank
Submitted by: Shafik Soomro
Which country is elected as the vice chair at the third UN Environment’s Forum of Ministers and Environment Authorities of Asia Pacific held in Singapore on 25-01-2019?
A. Nepal
B. China
C. India
D. Pakistan
Submitted by: Malik Asghar Hussain
A Chinese company that supplies coal to the sahiwal power plant has been caught by the Pakistan’s custom authorities as company was found to evade _______RS in taxes on it’s imports?
A. 2 billions
B. 3 billions
C. 1.12 billion
D. 4 billions
Submitted by: Kashif Ashraf
Aleema Khan has deposited half of her Dubai property’s total cost with tax authorities as penalty on her undeclared Dubai property.She is the sister of ___________?
A. PM Imran khan
B. President Arif Alvi
C. PMLN president Shahbaz Sharif
D. Governer Sindh Imran Ismail
Submitted by: Kashif Ashraf
Which nation authorities have turned 15 mosques into Jewish synagogues?
A. France
B. Israel
C. US
D. None of These
Submitted by: Ali Mallah
The Merger of NIB Bank into MCB Bank took place on_________?
A. 7 JULY 2017
B. 7 JULY 2016
C. 7 JULY 2015
D. None of these
Submitted by: Aneeq Akbar
Which bank received the Best Bank Award for 2019?
A. Habib Bank Limited
B. Bank Alfalah
C. United Bank Limited
D. National Bank of Pakistan
Submitted by: Hafeez Alam Saila