Belt and Road boost sees Elixir, NBP take awards

In May, FinanceAsia named the winners of its annual Country Awards for Achievement. Last month, winners were given ther awards at our annual awards dinner in Hong Kong. Today, we continue presenting the rationale for our decisions with a look at Pakistan, a country on the front line of China's Belt and Road Initiative.

Best Bank National Bank of Pakistan

National Bank of Pakistan NBP defied a nationwide slowdown in banking profits in 2016 by pulling off double-digit revenue and net income growth and posting its biggest-ever profit after tax.

While Pakistan’s biggest and most prominent...