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Habib Bank Limited (Urdu pronunciation: [ha.ˈbiːb bɛŋk] hah-BEEB-BANK) is a Pakistani commercial bank based at Habib Bank Plaza, Karachi. It is a subsidiary of Swiss-based organisation Aga Khan Fund for Economic Development. Established in 1941 by the Habib Family, it is one of the oldest bank of Pakistan.
The chief executive officer and president of Pakistan's largest bank, HBL, Aurangzeb was picked over several veterans previously involved in handling the troubled $350 billion economy, including ...
In 1921, his four sons joined the business, and Habib & Sons was established, which eventually transformed into today's HBL Pakistan or Habib Bank Limited. [1] [6] The House of Habib occupies a significant place in Pakistan's early history. Habib Bank was relocated to Pakistan at the personal request of its first Governor General Mohammad Ali ...
Muhammad Aurangzeb (born 1964) is a Pakistani banker who has been serving as the finance minister of Pakistan since 11 March 2024. [1] [2] He previously served as the chief executive officer (CEO) and president of Habib Bank Limited from February 2018 to March 2024. [3]
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Bank AL Habib was incorporated as a Public Limited Company in October 1991 and started banking operations in 1992. (Late) Hamid D. Habib, grandson of the founder a Habib Group, was the first Chairman of Bank AL Habib Limited. He was a Director in Habib Bank Limited from 1954 and its chairman from 1971 until nationalisation.