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Later, it was renamed as Bank Alfalah Limited. [2] [6] [7] [8] Bank Alfalah was incorporated on 21 June 1997, as a public limited company under the Companies Ordinance 1984. Its banking operations commenced on November 1, 1997. The bank is engaged in commercial banking and related services as defined in the Banking Companies Ordinance, 1962. [9]
Bank Alfalah Limited (BAFL) Karachi: Bank Al-Habib Limited (BAHL) Karachi: Habib Bank Limited (HBL) Karachi: Habib Metropolitan Bank Limited: Karachi: JS Bank Limited (JSBL) Karachi: Standard Chartered Pakistan (SC Pakistan) Karachi: United Bank Limited (UBL) Karachi
Parvez Ahmed Shahid (born 20 December 1948) is a retired banker and in his most recent role served as co-chairman of the Central Management Committee at Bank Alfalah from 2006 to 2011. [1] Prior to this he worked for an international bank in which his last role was that of head of global treasury and resigned from BCCI in June 1991.
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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.
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It owns Bank Alfalah, Warid Telecom, Wateen Telecom, Taavun and many more in Pakistan. He is also Founder Chairman of Bank Alfalah . Sheikh Nahyan Mubarak Al Nahyan is also recipient of Pakistan's highest civilian award, the Hilal-e-Pakistan , which was conferred upon him by the President of Pakistan in 2005.