According to details, a Memorandum of Understanding (MoU) has been signed between Pakistan Cricket Board (PCB) and National Bank of Pakistan for the naming rights of one of the country’s most iconic Test venues — the National Stadium in Karachi.
As per the understanding, the venue will now be known as the National Bank Cricket Arena, a statement from the cricket board said Tuesday.
Besides the naming rights agreement, the PCB and NBP will also collaborate and partner on sponsoring initiatives to promote and develop grassroots cricket across the country, including supporting the PCB initiatives of scouting local talent in the rural areas of Pakistan.
As per the MoU, the National Bank of Pakistan will be allowed to use the venue nomenclature and signage outside the playing area.
