National Bank of Pakistan and PowerChina Sign MoU on Green Banking

The National Bank of Pakistan signed a Memorandum of Understanding with PowerChina|Integrity Energy Storage (Shanghai) Technology Co. Ltd. of China on October 12, 2026, at the bank's head office in Karachi. The agreement establishes a framework for cooperation in corporate, commercial, and SME financing, lead generation, the cross-selling of banking products and services, and the exploration of green financing opportunities.

The signing ceremony on October 16, 2026, was attended by key figures including National Bank of Pakistan President Imran Sarwar, Group Chief IDG Naushaba Shahzad, Group Chief CIBG Usman Shahid, and RE-ID Faisalabad Hamad Rasool. Representing PowerChina|I²-ESS were Global Chairman Si Min Zhou and South Asia Chairman Chengyang Yao.

This partnership connects prospective borrowers, especially those in renewable energy, energy storage, and related sectors, with the bank's financing solutions. Both organizations intend to identify commercially viable opportunities that foster business growth and support sustainable energy industries, positioning the bank as a preferred financing partner for referrals from PowerChina|I²-ESS.

The collaboration will also enable the bank to cross-sell products and services, strengthening customer relationships and expanding business outreach. Both parties will continue to explore green financing and other commercially viable projects aligned with the bank's strategic priorities and business objectives.