The National Bank of Pakistan (NBP) has earned the naming rights for the National Stadium Karachi (NSK) for the next five years as it has signed a Memorandum of Understanding (MoU) with the Pakistan Cricket Board (PCB).
The five-year deal also includes promoting and developing grassroots cricket in Pakistan alongside supporting the board initiative for scouting talent from rural areas of Pakistan. While commenting on the deal, chairman PCB Mr Ramiz Raja, at first welcomed the NBP to the portal and said,
I want to welcome the National Bank of Pakistan back in the PCB family after having supported Pakistan cricket in the past. NBP, again partnering with the PCB, is great news as this reflects that prestigious organisations are willing to be associated with the Pakistan cricket brand as they see a lot of value in it for themselves.
“Additionally, I am grateful to the National Bank of Pakistan for also extending support to the PCB Pathways Programme. I have always emphasised creating processes for the raw talent that can be professionally channelized into the national framework. In this background, this partnership with NBP is a significant movement in that direction.”
Rehmat Ali Hasnie, who is the President and CEO of the NBP, narrated,
“We are delighted to partner with the Pakistan Cricket Board. The National Stadium, Karachi, is one of the most iconic cricket venues in the world and has hosted some of the legends of all eras since Test cricket was first played there.
“We are honoured to associate with such an incredible cricket venue; our endeavour during the next five years would be to help the PCB further uplift the venue while making contributions to Pakistan cricket across the country at the grass root level simultaneously."
It is pertinent to mention here that as per the MoU, the National Bank of Pakistan will be allowed to use the venue nomenclature and signage outside the playing area.