KARACHI (PR) – Home remittances are playing a pivotal role in strengthening the economy of Pakistan. UAE is the second largest source of Home remittances to Pakistan after Kingdom of Saudi Arabia, and National Bank of Pakistan has established a number of Home Remittance arrangements in UAE within short span of three years under the guidance and dynamic leadership of Khalid Bin Shaheen SEVP/Group Chief, NBP and Chairman NBP Exchange Co. NBP has made arrangements with all leading Money Service Businesses in UAE, which include UAE Exchange Center, Al Ansari Exchange, Al Falah Exchange, Al Ghurair Exchange, Orient Exchange, Universal Exchange, Habib Exchange, Al Rostamani Exchange, Xpress Money, Western Union and National Exchange Company.

To increase NBP’s correspondent base in UAE, Khalid Bin Shaheen has recently signed another key Home Remittance arrangement with one of the leading Exchange Houses i.e M/s. Sharaf Exchange Dubai, UAE.