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Habib Bank Limited (Urdu: حبیب بینک) commonly known as HBL, is a Pakistani commercial bank based at Habib Bank Plaza, Karachi, Pakistan. Established in 1941 by the Habib Family , HBL is Pakistan's oldest, largest and the first commercial bank.
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.
Bank Al-Habib Limited (BAHL) BankIslami Pakistan Limited; Bank Makramah Limited (BML) Bank of Punjab (BOP) Bank of Khyber; Deutsche Bank A.G; Dubai Islamic Bank Pakistan Limited (DIB Pakistan) Faysal Bank Limited (FBL) First Women Bank Limited; Habib Bank Limited (HBL) Habib Metropolitan Bank Limited; Industrial and Commercial Bank of China
The other branch of Habib family founded Bank AL Habib, which is owned by the descendants of Habib's elder son, Dawood Habib. [3] The bank was listed on the Karachi Stock Exchange in the same year. [5] Kassim Parekh, who had served as the president of Habib Bank from 1984 to 1988, was appointed as chairman and CEO of Metropolitan Bank in 1992. [3]
Bank Alfalah Limited (Urdu: بینک الفلاح لمیٹڈ), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group .
Habib Bank Plaza, headquarters of Habib Bank Limited; Habib Bank Limited cricket team; Habib Bank AG Zurich, originally founded as a branch of HBL in 1967 and independent since HBL's 1974 Nationalization Habib Bank Zurich (Pakistan) Pakistani Branch; Habib Bank Zurich (Hong Kong), Hong Kong subsidiary founded in 1979; Habib Bank Zurich plc ...
The State Bank of Pakistan gained autonomy, and United Bank Limited, which had collapsed, was recapitalized under central bank management. [1] In 1997, Pakistan initiated banking reforms to address long-standing issues within major state-owned banks, such as the National Bank of Pakistan (NBP), Habib Bank Limited (HBL), and United Bank Limited ...
Malaysia has 16 fully-fledged Islamic banks including five foreign ones, with total Islamic bank assets of US$168.4 billion, which accounts for 25% of the Malaysia's total banking assets. [2] This in turn accounts for over 10% of the world's total Islamic banking assets.