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First National Bank Modaraba reported that accumulated losses, mainly from provisioning against non-performing loans, exceeded the regulatory threshold of 50% of paid-up capital. SECP-triggered proceedings and a winding-up petition are pending before the Modaraba Tribunal. The company describes recovery and revival efforts, but remains subject to regulatory, financial and legal uncertainty.
The Company intends to hold its Annual Review Meeting for the year ended 2026-06-30 on 2026-10-27 in Lahore.
The document transmits the annual financial statements of First National Bank Modaraba for the fiscal year ending June 30, 2026.
First National Bank Modaraba reported a loss of Rs 4.35 million for the year ended June 30, 2026, compared with a loss of Rs 3.96 million a year earlier. Total income declined, and loss per certificate widened to Rs 0.17 from Rs 0.16.
A board meeting is scheduled to discuss the annual financial results and declaration of entitlements.
Mr. Javid Bashir Sheikh has been appointed as the Chairman of the Board effective July 6, 2026.
The report details the progress of First National Bank Modaraba regarding its losses due to Non-Performing Loans and the measures being taken to comply with regulatory requirements.
The appointment of directors to the board of National Bank Modaraba Management Company Limited has been confirmed.
First National Bank Modaraba (FNBM) is listed on the Pakistan Stock Exchange in the Modarabas sector. Read company disclosures, financial-result notices, corporate actions and meeting updates. Open the relevant notice for its dates and terms.
This page brings together available disclosures for First National Bank Modaraba (FNBM), including results, corporate actions, meeting notices and other company updates. Open an individual announcement to read its details and available source document.
Look for the relevant financial-result or corporate-action announcement. Check its reporting period, dividend amount and any conditions in the notice; publication date is not necessarily the payment or entitlement date.
A future date should only be taken from an announcement that explicitly states it. Past payment dates or a historical dividend yield do not establish the next payout or book-closure schedule.
Use the Fundamentals section for available earnings, dividend and valuation figures, keeping each reporting period in view.
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Read guideData source: Market data is provided under a Pakistan Stock Exchange data license held by Recube Technologies (investify.pk), listed on the official PSX services page. Quotes, charts and derived figures are for information only and may be delayed, adjusted or revised by the exchange.
Not financial advice: Investify is not a brokerage and does not provide investment, trading or financial advice. Nothing on this page is a recommendation to buy or sell any security. Do your own research or consult a licensed advisor before making investment decisions. Read our data & editorial policy.
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