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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.
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).
After Pakistan acquired independence in 1947, the organisation continued to operate as NSB, before being renamed to Central Directorate of National Savings (CDNS) in 1953. [4] In August 1960, the CDNS was given the status of an "Attached Department" of the Ministry of Finance and made responsible for all policy matters and execution of various ...
In 2006, Arif Habib Securities Limited acquired the Pakistani operations of Rupali Bank Limited, under the Scheme of Amalgamation by the State Bank of Pakistan. [5] The resulting bank was named Arif Habib Rupali Bank, and it began operations on August 5, 2006. [6] [7] In 2008, then known as Arif Habib Bank was listed on the Karachi Stock ...
Habib Bank Limited (HBL) National Bank of Pakistan (NBP) United Bank Limited (UBL) Scheduled Banks. Al Baraka Bank (Pakistan) Limited; Allied Bank Limited (ABL)
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.
In 2006, Arif Habib acquired Rupali Bank and renamed it as Arif Habib Bank. [3] In 2007, Arif Habib was considered a fairly large financial services conglomerate in Pakistan. [3] [4] It owned one large asset management company, a big investment bank, a securities brokerage firm and a retail bank. [3]
Bank Alfalah Limited (Urdu: بینک الفلاح), 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.