| Seller ID: SA9949678843 |
| Registration Date: 04-10-2017 11:15:52 |
| Free Member / Active |
| Business Type: Banking and Finance |
| Established Year: 1974 |
| Total Staff: |
| Achievements: |
| Category: Banking & Finance |
| Sub Category: Financial Services |
Habib Bank Ltd
HBL established operations in Pakistan in 1947 and moved its head office to Karachi. The first international branch was established in Colombo, Sri Lanka in 1951 and Habib Bank Plaza was built in 1972 to commemorate the bank’s 25th Anniversary. In 1974, HBL was nationalized and it continued to dominate the commercial banking sector with a major market share in inward foreign remittances (55%) and loans to small industries, traders and farmers. International operations were expanded to include the USA, Singapore, Oman, Belgium, Seychelles and Maldives and the Netherlands. On December 29, 2003 Pakistan’s Privatization Commission announced that the Government of Pakistan had formally granted the Aga Khan Fund for Economic Development (AKFED) rights to 51% of the shareholding. On February 26, 2004, management control was handed over to AKFED.
Habib Bank Ltd
P.OBox 1326, P.C 112, Ruwi, Sultanate Of Oman
+968 80072244
+968 24817139
@ help@hbl.com.om
