The Pakistan Cricket Board (PCB) and Nationwide Financial institution of Pakistan signed a five-year Memorandum of Understanding (MoU) for the naming rights of one of many nation’s most iconic Take a look at venues — the Nationwide Stadium in Karachi.
As such, the venue will now be referred to as the Nationwide Financial institution Cricket Enviornment, an announcement from the cricket board mentioned Tuesday.
Apart from the naming rights settlement, the PCB and NBP can even collaborate and accomplice on sponsoring initiatives to advertise and develop grassroots cricket throughout the nation, together with supporting the PCB initiatives of scouting native expertise within the rural areas of Pakistan.
As per the MoU, the Nationwide Financial institution of Pakistan shall be allowed to make use of the venue nomenclature and signage exterior the enjoying space.