Habib Bank Limited
Homepage http://www.hbl.com
LinkedIn Profile https://linkedin.com/company/hbl***il-bra***
HQ Location
Pakistan , Sindh, KarachiHBL Plaza, I I Chundigar Rd. Karachi, Sindh Pakistan
HBL was the first commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and become the largest private sector bank with over 1,500 branches and 1,300 ATMs across the country and a customer base exceeding five million relationships.
The Government of Pakistan privatized HBL in 2004 through which AKFED acquired 51% of the Bank's shareholding and management control. HBL is majority owned (51%) by the Aga Khan Fund for Economic Development, 42.5% of the shareholding is retained by the Government of Pakistan (GOP), whilst 7.5% is owned by the general public i.e. over 170,000 shareholders following the public listing that took place in July 2007.
With presence in 25 countries, subsidiaries in Hong Kong and the UK, affiliates in Nepal, Kenya and Kyrgyzstan and rep offices in Iran and China, HBL is also the largest domestic multinational. The Bank is expanding its presence in principal international markets including the UK, UAE, South and Central Asia, Africa a
Financial Services and Banking
Companies in the financial affairs and banking industry provide financial services such as deposits, lending money, investing funds, issuing credit cards and processing payments. They advise clients on financial matters including retirement planning and risk management strategies.
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