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1991 The Habib Group established a separate private bank, the Bank AL Habib, after private banking was re-established in Pakistan. HBL opened a branch in the Fiji Islands, and took over the branches in Pakistan of the failed BCCI. 1992 In Nepal, HBL acquired 20% of Himalayan Bank. 1995 HBL established a representative office in Cairo.
HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad. [2] [3] HBL MfB operates over 200 locations all over Pakistan.It is one of the oldest microfinance bank in the country [4] with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).
Aziz also rebranded the bank as HabibMetro in an effort to enhance its appeal across Pakistan. [3] During his tenure, the bank deposits grew by 17.3 percent annually, compared to the industry average of 13.1 percent. [3] The bank's net income also grew by 11.4 percent per year, which was higher than the industry average of 5.2 percent. [3]
Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited)
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.
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 ...
Habib Bank may refer to: Habib Bank Limited, the oldest commercial bank in Pakistan 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
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