Commercial banks are the core providers of liquidity to the private sector and the biggest investors in government securities (Treasury Bills, Pakistan Investment Bonds and Sovereign Sukuk). These are also the biggest investors in the shares of public limited companies …
Read More »HBL’s financial review
Habib Bank Limited (HBL) is incorporated in Pakistan and is engaged in commercial banking related services in Pakistan and overseas. The Bank operates 1,703 branches inside Pakistan, including 47 Islamic Banking Branches and 48 branches outside the country including in …
Read More »HBL posts profit after tax of Rs 8.1bn in six months; domestic business keeps growth drive
Banking experts of Pakistan recorded that in the statement of monetary policy which was released during July 2018, the State Bank of Pakistan (SBP) increased the policy rate by 100 bps to 7.5 percent, the first rise of this magnitude …
Read More »HBL’s pivotal role in the growth of rural agriculture
Habib Bank Limited (HBL) is one of the few financial institutions, which caters to farmers financing need and has played a pivotal role in the development of the rural agriculture market. With the distinction of being the largest commercial bank …
Read More »What went wrong with HBL?
In August, the New York State Department of Financial Services (DFS) sought to impose about $630 million penalty on HBL’s New York branch for charged violations of certain rules and regulations. The bank was also ordered to surrender its license …
Read More »HBL set to become future bank with boundless opportunities
Habib Bank Limited, a Karachi based multinational bank and largely referred to as HBL Pakistan. The Bank is now looking towards an even brighter future with boundless opportunities. With a worldwide presence in over 25 states spanning across 4 continents, …
Read More »HBL posts consolidated profit in first nine months
HBL has delivered a consolidated profit after tax of Rs25.8 billion for the first nine months of 2016, slightly higher than the Rs25.7 billion achieved for the same period in 2015. Earnings per share (EPS) for the first nine months …
Read More »