DOCSLIB.ORG

Bank Al Habib Branches Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Bank Al Habib Branches Pdf Bank al habib branches pdf Continue Plot #21, Gulzar Camera, Ware House, West Wharf, Karachi For other banks with similar names, see Habib Bank (disambiguation). This article may place undue reliance on sources too closely related to the subject, potentially preventing the article from being verifiable and neutral. Please help improve it by replacing them with more appropriate quotes in reliable, independent, third-party sources. (August 2020) (Learn how and when to delete this template message) This article is largely or completely dependent on a single source. The relevant discussion can be found on the conversation page. Please help improve this article by typing links to additional sources. Find sources: Al Habib Bank - News newspaper book scientist JSTOR (August 2020)Bank AL HabibTypePublicPSX: BAHLIndustryBanking,Capital Markets,Investment BankingFounded191FonderHamid D. HabibKhkvartersCaraci, PakistanNumber locations800 (2020)Key peopleAbbas D. Habib (Chairman)ProductsLoans, credit cards, savings, consumer bankingRevenuePKR 34.56 billion (2020) - total assets of PKR 1.36 trillion (2020) It is based in Karachi, Pakistan. Al Habib Bank plans to add another 200 branches by the end of 2020. Al Habib Bank has wholesale branches in Bahrain, Seychelles and Malaysia, as well as offices in the UAE, Istanbul, Beijing and Kenya. As of August 2020, the bank's assets have grown to 1.36 trillion rubles. Al Habib Bank decided to purchase a high-rise building in Karachi from TPL Properties, Centrepoint. The Habib Group's involvement in banking services dates back to the 1930s. Habib's original bank started modestly in Bombay in 1941, when he began fixed capital operations of 25,000 rupees. Impressed by its initial activities, LulinTen asked The Habib Bank to move its operations to Karachi after Pakistan gained independence. The HBL Pakistan nation was nationalized in 1971 and is still one of the largest banks in Pakistan's privatisation scheme After the privatization scheme announced in 1991 by the Government of Pakistan, Habib Group were the first to receive permission to launch a private bank, al-Habib Limited Bank. In 2002, HBL was jointly owned by the government and the Aga Khan Economic Development Fund. It was nationalized in 1974. In accordance with the privatization policy of the Government of Pakistan, the Dauda Habib Group received permission to build a commercial bank. AL Habib Bank was registered as a public limited liability company in October 1991 and started banking operations in 1992. (Late) Hamid D. Habib, grandson of the founder of the Habib Group, was the first chairman of AL Habib Limited. He has been a director at Habib Bank Limited since 1954 and its chairman from 1971 to Following the death of Hamid D. Habib in May 2000, Ali Raza D. Habib, who was the Bank's Director, was appointed Chairman of the Bank. Rashid D. Habib, who was Managing Director of Habib Bank Limited from 1953 until its nationalization, was appointed Managing Director and Chief Executive Officer of Bank AL Habib Limited until his death in 1994. Following his death, Abbas D. Habib, who had been joint managing director and closely associated with the bank since its inception in 1991, was appointed Managing Director and Chief Executive Officer of the Bank. In 2016 he was appointed chairman. In 2005, Bank AL Habib began offering online banking, with accounts and records visible on the Internet. In 2006, Bank AL Habib became a partner of MasterCard, which allowed them to issue credit cards for the first time. Services Bank maintains correspondent relations with American Express Bank, USA; Banco di Roma, Italy; Commerzbank and Dresdner Bank, Germany; Royal Bank of Canada, Canada; and Hong Kong and Shanghai Banking Corporation, Hong Kong. The bank follows the net banking code NetBanking and security is entrusted to Verisign. This was started with a contract made with TPS Pakistan. The Bank supports the MNET switch as a result of a memorandum of understanding signed between MNET and 1-Link. AL Habib Bank is one of eleven partners in the 1-Link system, an interbank ATM exchange system that allows customers to make transactions at any partner bank's ATM. AL Habib Bank is the third largest ATM service provider in Pakistan, with 196 ATMs, with the largest number of ATMs in Karachi. In connection with Arab financial services, the bank offers two types of MasterCard. The bank has a large stake in AL Habib Capital Markets (Pvt) Ltd, a brokerage house operating under the Bank AL Habib logo. Executive leadership of Abbas D. Habib, Chairman Mansour Ali Khan, CEO Kumail R. Habib, Executive Director of 2018 Former Chairman and Ceo of AL Habib Limited include: Hamid D. Habib, Chairman (until 2000), Rashid D. Habib, CEO and Managing Director (until 1994) and Ali Reza D. Habib, Chairman (until 2016). Bilaval Buhari King Branches Karachi Main Branch at Night Bank has a network of 820 branches (including Islamic, conventional and sub-affiliates) and three offshore banking units in Bahrain, Turkey and EPP. Pakistan Faisalabad: about 4 branches, including the Islamic banking branch of Garo (Eta): 1 branch of Hyderabad: about 4 branches of Islamabad: about 4 branches of Karachi: about 220 branches, including the international branch and the Islamic banking branch of Kunri: one branch of Lahore: about 31 branches, including the Islamic banking branch of Mirpur Has: about 2 branches of Naukot: 1 branch of Jhuddo: 1 branch of The Branch of The World : 1 branch about 10 branches, including the Islamic Banking Branch of quetta: 1 branch on MA Jinnah Road Road about 4 branches, including the Islamic banking branch of Sargodha: about 3 branches of Timergara: about 2 branches of skardu baltistan: about 2 branches of Gambat: 1 branch of Pakpattan: 1 branch of Bhakkar: 1 branch of Bahrain Manama: one branch that acts as an offshore banking unit Reputation Bank was selected as one of the top 200 under billion companies according to Forbes Asia in their annual review of 2005. Asian Banker Strongest Bank Balance in Pakistan, 2013. Profitability Bank AL Habib's profit for the half-year ended June 30, 2020 was 7.32 billion rubles. Deposits of AL Habib bank in 2020 exceeded 1 trillion rubles. Links to b Archive copy. Received 2020-08-13. Consolidated Financial Statements - AL Habib Limited Bank and Subsidiaries (PDF). bankalhabib.com archive from the original (PDF) dated November 3, 2019. Received on June 24, 2016. ATM/Branch Locator. Al Habib Bank. Received on July 15, 2017. Ali, Meyrum (2020-08-20). Bank Al Habib to buy high-rise Centrepoint in Karachi. Profits Pakistan today. Received 2020-09-26. AL Habib Bank earns 7.23 billion rubles in profit after tax. Brecorder. 2020-08-18. Received 2020-08-18. Profit (2020-09-19). What pandemic? Bank AL Habib crosses Rs1 trillion deposits. Profits Pakistan today. Received 2020-09-24. external links Bank AL Habib Limited Group Habib Site, derived from for other purposes, see Habib Bank LimitedHeadquarters HBL in KarachiTypePLCTrade asPSX: HBLIndustryFinancial ServicesBankitcapital MarketsUnited25 August 1941; 79 years ago (1941- 08-25) FounderMohammed Ali Habib 2 Dawood Habib HeadquartersHabib Bank Plaza, Karachi, PakistanNumber places1700Key people Sultan Ali Alana (chairman) Muhammad Aurangzeb (President and CEO) Saereer Mufti (COO) Nefarelo Hameed (Secretary of the company) ProductsLoans, Credit Cards, Savings, ﺣﺒﯿﺐ :etc. Revenue 115.96 billion rubles ($700 million) - 2017Net revenueRs8.18 billion (US$49 million) - 2017Total assets USD 21 billion (2019)Total capitalRs188. 82 billion ($1.1 billion) - 2017To employees 15,000 q3-3 ParentAga Khan Fund for Economic DevelopmentWebsitewww.hbl.com Habib Bank Limited (Urdu is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. The main shareholding is the Aga Khan Economic Development Fund (AKFED). Founded in 1941, HBL became Pakistan's first commercial bank. In 1951, it opened its first international branch in Colombo, Sri Lanka. In 1972, the bank (ﺑﯿﻨﮏ moved its headquarters to Habib Bank Plaza, which became the tallest building in South Asia at the time. The Government nationalized the bank in 1974 and privatized it in 2003; at the time, the Aga Khan Foundation Economic Economic acquired a controlling stake. By 2018, HBL has more than 1,700 branches with a presence in more than 25 countries spanning four continents. It is the largest company in Pakistan by assets, and has repeatedly ranked the Pakistani company in Forbes Global 2000. In 2020, HBL was recognized by the State Bank of Pakistan as one of the domestic systemically important banks (D-SIB). The history- building Mohammed Ali Jinnah, Pakistan's first governor-general, realized the importance of financial mediation when he campaigned for the creation of a separate homeland for Muslims. He persuaded the Habib family to set up a commercial bank that could serve the Muslim community. His initiative led to the establishment of the Habib Bank in 1941, with a head office in Bombay (now Mumbai) and a fixed capital of 25,000 rupees. The Bank was instrumental in raising funds for the Muslim community to fund the All India Muslim League's campaign to establish Pakistan. The Habib Bank was also instrumental in providing funds to help Muslims affected by the community riots and violence that preceded the british departure from British India and subsequent partition. After the founding of Pakistan in 1947, Habib Bank moved its headquarters to Karachi, Pakistan's first capital, at the urging of Governor-General Jinnah. This gave Karachi its first commercial bank to newly formed Pakistan. The nationalization of the Habib family will own and operate the bank until the Government of Pakistan nationalized it on January 1, 1974. On 13 June 2002, the Pakistan Privatization Commission announced that the Government of Pakistan would provide the Aga Khan Economic Development Fund (APHED), a subsidiary of the Aga Khan Development Network, a majority ownership of HBL against AKFED's investment in the bank.
Load more

Recommended publications
  • Askari Bank Limited List of Shareholders (W/Out Cnic) As of December 31, 2017
    ASKARI BANK LIMITED LIST OF SHAREHOLDERS (W/OUT CNIC) AS OF DECEMBER 31, 2017 S. NO. FOLIO NO. NAME OF SHAREHOLDERS ADDRESSES OF THE SHAREHOLDERS NO. OF SHARES 1 9 MR. MOHAMMAD SAEED KHAN 65, SCHOOL ROAD, F-7/4, ISLAMABAD. 336 2 10 MR. SHAHID HAFIZ AZMI 17/1 6TH GIZRI LANE, DEFENCE HOUSING AUTHORITY, PHASE-4, KARACHI. 3280 3 15 MR. SALEEM MIAN 344/7, ROSHAN MANSION, THATHAI COMPOUND, M.A. JINNAH ROAD, KARACHI. 439 4 21 MS. HINA SHEHZAD C/O MUHAMMAD ASIF THE BUREWALA TEXTILE MILLS LTD 1ST FLOOR, DAWOOD CENTRE, M.T. KHAN ROAD, P.O. 10426, KARACHI. 470 5 42 MR. M. RAFIQUE B.R.1/27, 1ST FLOOR, JAFFRY CHOWK, KHARADHAR, KARACHI. 9382 6 49 MR. JAN MOHAMMED H.NO. M.B.6-1728/733, RASHIDABAD, BILDIA TOWN, MAHAJIR CAMP, KARACHI. 557 7 55 MR. RAFIQ UR REHMAN PSIB PRIVATE LIMITED, 17-B, PAK CHAMBERS, WEST WHARF ROAD, KARACHI. 305 8 57 MR. MUHAMMAD SHUAIB AKHUNZADA 262, SHAMI ROAD, PESHAWAR CANTT. 1919 9 64 MR. TAUHEED JAN ROOM NO.435, BLOCK-A, PAK SECRETARIAT, ISLAMABAD. 8530 10 66 MS. NAUREEN FAROOQ KHAN 90, MARGALA ROAD, F-8/2, ISLAMABAD. 5945 11 67 MR. ERSHAD AHMED JAN C/O BANK OF AMERICA, BLUE AREA, ISLAMABAD. 2878 12 68 MR. WASEEM AHMED HOUSE NO.485, STREET NO.17, CHAKLALA SCHEME-III, RAWALPINDI. 5945 13 71 MS. SHAMEEM QUAVI SIDDIQUI 112/1, 13TH STREET, PHASE-VI, DEFENCE HOUSING AUTHORITY, KARACHI-75500. 2695 14 74 MS. YAZDANI BEGUM HOUSE NO.A-75, BLOCK-13, GULSHAN-E-IQBAL, KARACHI.
    [Show full text]
  • (Winner)MCB Bank Limited Best Bank of the Year 2017 – Mid Size Banks
    Banking: Best Bank of the year 2017 – Large Size Banks (Winner)MCB Bank Limited Best Bank of the year 2017 – Mid Size Banks (Winner) Bank Al Habib Limited Best Bank of the year 2017 – Small Size Banks Industrial and Commercial Bank of China (Winner) Limited Best Islamic Window of the year 2017 (Winner) Habib Bank Limited Best Islamic Bank of the year 2017 (Winner) Meezan Bank Limited Corporate Finance: Transaction of the year 2017 (Winner) Habib Bank Limited for Dasu Hydropower Project Best Corporate Finance House of the year (Fixed Income) 2017 United Bank Limited (Winner) Best Corporate Finance House of the year (Fixed Income) 2017Habib Bank Limited (Runner-up) Best Corporate Finance House of the year (Equity & Advisory) - Banks Bank Alfalah Limited 2017 (Winner) Best Corporate Finance House of the year (Equity & Advisory) - Banks United Bank Limited 2017 (Runner-up) Best Corporate Finance House of the year (Equity & Advisory) – Arif Habib Limited Security Firms 2017 (Winner) Best Corporate Finance House of the year (Equity & Advisory) – AKD Securities Limited Security Firms 2017 (Runner-up) Investor Relations: Best Investor Relations – Listed Companies 2017 (Winner) Bank Alfalah Limited Best Investor Relations – Listed Companies 2017 (Runner-up) Engro Fertilizers Limited Women in Finance Initiative: Gender Diversity at Workplace Award 2017 (Winner) Unilever Pakistan Limited Recognizing Gender Diversity Award – Special Recognition: Local National Foods Limited Industry 2017 (Winner) Recognizing Gender Diversity Award – Special Recognition:
    [Show full text]
  • S.No Branch Code Br Name Region Branch Address 1 11 Schon Circle Branch, Karachi South Plot No. G-13/3,Block-9,Kehkhsan, Clifton, Khayaban-E-Jami, Karachi
    S.No Branch Code Br Name Region Branch Address 1 11 Schon Circle Branch, Karachi South Plot No. G-13/3,Block-9,Kehkhsan, Clifton, Khayaban-e-Jami, Karachi. 2 13 Korangi Branch, Karachi South Plot No. SC-7 (ST-17), Sector 15, Korangi Industrial Area, Karachi-74900 3 21 Main Branch, Karachi South Main branch, opposite Habib Bank Plaza, I.I. Chundrigar Road, Karachi. 4 34 Jinah Road Branch, Quetta South Muhammad Ali Jinnah Road, Quetta Cantt, Quetta 5 47 Defence Shahbaz Phase-4 Branch, Karachi South 12-C LANE 2 KHY-E-SHAHBAZ PHASE VI DHA KHI 75500 6 49 Gulistan-e-Johar Branch, Karachi South AlFiza Tower Plot # SB 38, Shop # 8 & 9, Gulistan-e-Jauhar Karachi 7 72 Clifton W.T.C. Branch, Karachi South WORLD TRADE CENTER 10 KHY-E-ROOMI CLIFTON KHI 8 73 Hill Park Branch, Karachi South SNPA 16-A/1, Shaheed-e-Millat Road, PO Box 20087 9 90 Dolmen Branch South Outlet # LG-6/7, Dolmen Mall Clifton, Karachi 10 119 S.I.T.E. Branch, Karachi South S.I.T.E SCB Branch B/9, B/2, Main Estate Avenue, Near Metro, SITE , Karachi 11 120 Defence Phase-6 Branch, Karachi South Plot No. 23-C, Lane II, Shahbaz Commercial Area, Main Khayaban-e-Hafiz, DHA-Phase-VI, Karachi. 12 123 Autobhan Branch, Hyderabad South D-3, Railway Employees Co-operative Housing Authority, Main Auto Bhan Road, Latifabad No.3, Hyderabad. 13 24 Gulshan-e-Iqbal Branch, Karachi South SB-9 Block 13-B, University Road, Gulshan-e-Iqbal,Karachi, Pakistan 14 48 North Nazimabad Block-H Branch, Karachi South D-15 Block H North Nazimabad 15 81 Saadiq Operation building, Karachi( formely Trade Tower Branch) South Ground Floor, Mohatta Building, Main I.I.
    [Show full text]
  • COMPARATIVE ANALYSIS of FINANCIAL PERFORMANCE and GROWTH of CONVENTIONAL and ISLAMIC BANKS of PAKISTAN Ishtiaq Khan, Sarhad University of Science & IT, Peshawar
    COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE AND GROWTH OF CONVENTIONAL AND ISLAMIC BANKS OF PAKISTAN Ishtiaq Khan, Sarhad University of Science & IT, Peshawar. Email: [email protected] Wali Rahman, Associate Professor, Sarhad University of Science & IT, Peshawar. Email: [email protected] Saeedullah Jan, Khushal Khan Khattak University, Karak. Email: [email protected] Mustaq Khan, Abasyn University of Science & IT, Peshawar Email: [email protected] Abstract. Various types of the banking system are operating in the world. The most commons are conventional and Islamic. Customers evaluate these systems before they decide in invest. The prime aim of this study is to assess and compare the financial performance and growth of conventional and Islamic banks operating in Pakistan. Banks offer different types of products and services for the satisfaction of customers for their financial needs. Conventional banking is based on interest while Islamic banking offers interest-free banking. To compare their respective performance financial ratios are applied. In Pakistan, Habib Bank Limited and Allied Bank Limited are typical examples of the conventional banking whereas Dubai Islamic Bank Limited and Meezan Bank Limited are operating as Islamic banking. Three (03) years data were obtained from the “Financial Statement Analysis of Financial Sector of Pakistan 2009-2011” State Bank of Pakistan publication. The analyses reflect that the liquidity ratio of Islamic banks appeared higher as compared to conventional banks, whereas the profitability and solvency ratios of conventional banks were comparatively higher than Islamic banks. Debt to asset ratio of Islamic banks seemed better than conventional banks due to low debt financing. Also, with regard to expansion, the growth rate of Islamic banks in Pakistan is comparatively higher than conventional banks.
    [Show full text]
  • IBFT- Account Number Formats
    IBFT- Account Number Formats Allied Bank Please enter Allied Bank Account Number by following the layout below: Total Digits of Account Number: 13 or 20 Digits Format Example: BBBBAAAAAAAAA or BBBBAAAAAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAA = 9 Digit Account Number, AAAAAAAAAAAAAAAA = 16 Digit Account Number Apna Microfinance Bank Please enter Apna Microfinance Bank Account Number by following the layout below: Total Digits of Account Number: 16 Digits Format Example: BBBBAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAA = 12 Digits Askari Bank Please enter Askari Bank Account Number by following the layout below: Total Digits of Bank Account Number: 14 Digits Format Example: BBBB = 4 Digit Branch Code, AAAAAAAAAA = 10 Digit Account Number Branchless Banking Account # Always consist of 11 digits Mobile Number. Al-Baraka Please enter Bank Al-Baraka total digits of account Number: Total Digits of Account Number: 13 Digits Bank Alfalah Please enter Bank Alfalah Account Number by following the layout below: Conventional A/C#: Total Digits of Account Number: 14 Format Example: BBBBAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAAA = 10 Digit Account Number Islamic A/C#: Total Digits of Account Number: 18 Digit Format Example: BBBBAAAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAAAAAAA = 14 Digit Account Number Branchless Banking Account # : Always consist of 11 digits Mobile Number. Bank Al-Habib Please enter Bank Al-Habib Account Number by following the layout below: Total Digits of Account Number: 17 Digit Format
    [Show full text]
  • Standard Settlement Instructions
    Treasury & Financial Institutions Group STANDARD SETTLEMENT INSTRUCTIONS BANK ALFALAH LTD. - PAKISTAN CONVENTIONAL BANKING S. No. CURRENCY BANK / COUNTRY ACCOUNT NO. SWIFT CODE 1. ACU Dollar Bank Alfalah Limited 0701-32029040 ALFHBDDH 2. ACU Dollar Habib Bank Limited 2624032800618 HABBBDDH 3. ACU Dollar Union Bank of India 01003 UBININBB 4. ACU Dollar ICICI Bank Ltd. 000408000491 ICICINBB 5. ACU Dollar Hatton National Bank Ltd., 054010065847 HBLILKLX Mashreqbank PSC, 6. ACU Dollar Mumbai, India 61050949 MSHQINBB 7. ACU Euro Hatton National Bank Ltd 54010066822 HBLILKLX 8. ACU Euro MashreqBank PSC, Mumbai 61049703 MSHQINBB Bank Alfalah Limited 9. ACU Euro Bangladesh, Dhaka 0701-01660001 ALFHBDDH 10. AUD Westpac Banking Corporation ALF0001976 WPACAU2S 11. Canadian Dollar Bank of Montreal Account Number: 31691056928 BOFMCAM2 CNY (Chinese Yuan) Standard Chartered Bank 12. RMB (Renminbi) (China) Limited, Account Number:501510476874 SCBLCNSXSHA 3996019616 13. Danish Krone Danske Bank DK7230003996019616 DABADKKK IBAN: DE24 5004 0000 0880 7182 01; 14. Euro Commerzbank, A.G. Account Number: 400880718201 COBADEFF IBAN: AT79 1100 0010 1161 8400; 15. Euro Unicredit Bank Austria AG Account Number: 01011618400 BKAUATWW Account Number: 1149245009; IBAN: 16. Euro National Bank of Pakistan DE27 501 30000 1149245001 NBPADEFF Account Number: 100100004291; IBAN: 17. Euro Intesa Sanpaolo SpA IT05Z0306940101100100004291 BCITITMM 18. Euro SCB, Frankfurt 018080105 SCBLDEFX 19. Japanese Yen National Bank of Pakistan 21063 NBPAJPJT 20. Pound National Westminster Bank IBAN: GB84NWBK60000404625528; Sort Sterling plc Code: 60-00-04 NWBKGB2L Pound 01707999001 21. Sterling Standard Chartered Bank IBAN: GB87 SCBL 6091 0417 0799 90 SCBLGB2L Alawwal Bank ( Formerly 31002231021 22. Saudi Riyal Saudi Hollandi Bank) IBAN # SA2150000000031002231021 AAALSARI 23. Saudi Riyal Banque Saudi Fransi IBAN # SA5655000000000705900137 BFSRSARI Singapore 24.
    [Show full text]
  • 3 Who Is Who and What Is What
    3 e who is who and what is what Ever Success - General Knowledge 4 Saad Book Bank, Lahore Ever Success Revised and Updated GENERAL KNOWLEDGE Who is who? What is what? CSS, PCS, PMS, FPSC, ISSB Police, Banks, Wapda, Entry Tests and for all Competitive Exames and Interviews World Pakistan Science English Computer Geography Islamic Studies Subjectives + Objectives etc. Abbreviations Current Affair Sports + Games Ever Success - General Knowledge 5 Saad Book Bank, Lahore © ALL RIGHTS RESERVED No part of this book may be reproduced In any form, by photostate, electronic or mechanical, or any other means without the written permission of author and publisher. Composed By Muhammad Tahsin Ever Success - General Knowledge 6 Saad Book Bank, Lahore Dedicated To ME Ever Success - General Knowledge 7 Saad Book Bank, Lahore Ever Success - General Knowledge 8 Saad Book Bank, Lahore P R E F A C E I offer my services for designing this strategy of success. The material is evidence of my claim, which I had collected from various resources. I have written this book with an aim in my mind. I am sure this book will prove to be an invaluable asset for learners. I have tried my best to include all those topics which are important for all competitive exams and interviews. No book can be claimed as prefect except Holy Quran. So if you found any shortcoming or mistake, you should inform me, according to your suggestions, improvements will be made in next edition. The author would like to thank all readers and who gave me their valuable suggestions for the completion of this book.
    [Show full text]
  • Bank Alfalah Limited SHELF PROSPECTUS for THE
    ADVICE FOR INVESTORS INVESTORS ARE STRONGLY ADVISED IN THEIR OWN INTEREST TO CAREFULLY READ THE CONTENTS OF THIS PROSPECTUS ESPECIALLY THE RISK FACTORS GIVEN AT PART 6 OF THIS PROSPECTUS BEFORE MAKING ANY INVESTMENT DECISION. SUBMISSION OF FALSE AND FICTITIOUS APPLICATIONS IS PROHIBITED AND SUCH APPLICANT’S MONEY MAY BE FORFEITED UNDER SECTION 87(8) OF THE SECURITIES ACT, 2015 Bank Alfalah Limited SHELF PROSPECTUS FOR THE ISSUANCE OF RATED, SECURED, LISTED, REDEEMABLE TERM FINANCE CERTIFICATES OF PKR 50,000 MILLION (Under shelf registration over a period of 3-years) Date and Place of Incorporation: Karachi, June 21st, 1992, Incorporation Number: 0027580, Registered and Corporate Office: B.A. Building, I.I Chundrigar Road, Karachi, Contact Person: Muhammad Zeeshan, Contact Number: +92 21 3312 2126, Website: https://www.bankalfalah.com/, Email: [email protected] Type of Issue and Total Approved Issue Size: The Issue consists of Rated, Secured, Listed, Redeemable Term Finance Certificates (TFCs) having a Total Approved Issue Size of up to PKR 50,000 million. Time Period of Shelf Registration: The TFCs shall be issued in multiple tranches over a period of three (3) years from the date of publication of this prospectus. Size of Current Tranche Series A: Issue Size of Current Tranche Series A is PKR 11,000 million (inclusive of Green Shoe Option of PKR 1,000 million), out of which TFCs of PKR 9,000 million (82% of Issue Size) have been issued to and subscribed by Pre-IPO investors and TFCs of PKR 2,000 million (18% of Issue Size), inclusive of a Green Shoe Option of PKR 1,000 million, are being offered to the general public by way of an Initial Public Offering through this Shelf Prospectus.
    [Show full text]
  • Reliance on Comfort
    RELIANCE ON COMFORT Created out of NI(U)T Fund in 2007 and catering to the needs of 4 commercial banks, the NIT-LOC Fund has now been settled by transfer of portfolio to unit holders except the strategic portion valued at PKR 3.3 billion. NATIONAL INVESTMENT (UNIT) TRUST ANNUAL REPORT 2010 NATIONAL INVESTMENT (UNIT) TRUST CORPORATE INFORMATION FUND NAME NIUT LOC Holders' Fund NAME OF AUDITORS A.F.Ferguson & Co. Chartered Accountants NAME OF TRUSTEE National Bank of Pakistan LIST OF BANKERS Bank Al Falah Limited National Bank of Pakistan Standard Chartered Bank (Pakistan) Limited United Bank Limited Summit Bank Limited (Formerly Arif Habib Bank Limited) Bank Al Habib Limited MCB Bank Limited Allied Bank Limited Faysal Bank Limited NIB Bank Limited Habib Bank Limited Askari Bank Limited Soneri Bank Limited The Bank of Punjab Meezan Bank Limited Silk Bank RBS Limited Habib Metropolitan Bank Limited ANNUAL REPORT 2010 70 NATIONAL INVESTMENT (UNIT) TRUST NATIONAL INVESTMENT (UNIT) TRUST - LOC FUND MANAGER REPORT 2009-10 NI(U)T-LOC Objective The core objective of NI(U)T is to maximize return for Unit holders, provide a regular stream of current income through dividends, while long term growth is achieved by the management of diversified portfolio and investments into growth and high yielding equity securities. Profile of Investment Manager National Investment Trust Ltd. (NITL) is the first Asset Management Company of Pakistan, formed in 1962. NITL is the largest asset management company of Pakistan with approximately Rs. 69 billion assets under management. In order to cater to varied needs of investors, NITL for the very first time in the 47 years history of the company, ventured in to fixed income category by launching two Funds in the FY10.
    [Show full text]
  • IBFT Guideline
    MCB Bank Limited IBFT- Guidelines 1. Al Baraka Bank (Pakistan) Limited Please enter Bank Al-Baraka total digits of account Number: Total Digits of Account Number: 13 Digits Format Example: AAAAAAAAAAAAA Note: A = Account Number 2. Allied Bank Limited Please enter Allied Bank Account Number by following the layout below: Total Digits of Account Number: 13 or 20 Digits Format Example: BBBBAAAAAAAAA or BBBBAAAAAAAAAAAAAAAA Note: B = Branch Code, A = Account Number 3. APNA Microfinance Bank Please enter APNA Microfinance Bank Account Number by following the layout below: Total Digits of Account Number: 16 Digits Format Example: BBBBAAAAAAAAAAAA Note: B = Branch Code, A = Account Number 4. Askari Bank Limited Please enter Askari Bank Account Number by following the layout below: For Branch Banking: Total Digits of Bank Account Number: 14 Digits Format Example: BBBBAAAAAAAAAA Note: B = Branch Code, A = Account Number For Branchless Banking: Total Digits of Bank Account Number: 11 Digits Format Example: 03XXXXXXXXX 5. Bank Al-Habib Limited Please enter Bank Al-Habib Account Number by following the layout below: Total Digits of Account Number: 17 Digits Format Example: BBBBTTTTBBBBBBRRC Note: B = Branch Code, A = Account Number, T = Account Type, BBBB= Base Number, RR = Digit Running Number, C = Check Digit 111 000 622 mcb.com.pk /MCBBankPk Over 1350 Branches & ATMs 6. Bank Al-Falah Limited Please enter Bank Al-Falah Account Number by following the layout below: For Conventional Banking: Total Digits of Account Number: 14 Digits Format Example: BBBBAAAAAAAAAA Note: B = Branch Code, A = Account Number For Islamic Banking: Total Digits of Account Number: 18 Digits Format Example: BBBBAAAAAAAAAAAAAA Note: B = Branch Code, A = Account Number For Branchless Banking: Total Digits of Account Number: 11 Digits Format Example: 03XXXXXXXXX 7.
    [Show full text]
  • Habib Bank Limited
    Habib Bank Limited By JAVAID AHMED KHAN 21138 To MR. SHAH M. SAAD HUSAIN A report is submitted in partial fulfillment of the requirements for the course of Post Graduate Diploma. To office of teacher, Institute of Business Administration, Karachi. Karachi, Pakistan October 2020 Background of Company Founded in 1941, HBL became Pakistan's first commercial bank. In 1951 it opened its first international branch in Colombo, Sri Lanka. In 1972 the bank moved its headquarters to the Habib Bank Plaza, which became the tallest building in South Asia at the time. The Government nationalized the bank in 1974 and privatized it in 2003; at that time the Aga Khan Fund for Economic Development acquired a controlling share. As of 2018, HBL has more than 1700 branches with presence in over 25 countries spanning across four continents. It is the largest company in Pakistan in terms of assets, and has repeatedly ranked top Pakistani company in the Forbes Global 2000. In February 2018, HBL appointed senior banker, Muhammad Aurangzeb (formerly CEO Global Corporate Bank – Asia Pacific at JP Morgan) as its President & CEO following early retirement of Nauman K. Dar on December 31, 2017, after the bank was marred by a penalty of $225 Million (USD) for its non-compliance with risk management and anti-money laundering rules Examine Industry Position Mohammed Ali Jinnah, Pakistan's first Governor General, realized the importance of financial intermediation while he was campaigning for the creation of a separate homeland for the Muslims. He persuaded the Habib family to establish a commercial bank that could serve the Muslim community.
    [Show full text]
  • 159(1) / 231B (Order to Grant / Refuse Reduced Rate of Withholding on Registration of Motor Vehicle)
    159(1) / 231B (Order to grant / refuse reduced rate of withholding on Registration of Motor Vehicle) Name: UNIVERSITY OF KARACHI Registration 9030403 Address: DIRECTOR FINANCE OFFICE KARACHI UNIVERSITY Tax Year : 2021 UNIVERSITY ROAD Period : 01-Jul-2020 - 30-Jun-2021 Medium : Online Contact No: 00923212624882 Due Date : 10-Aug-2020 Valid Upto : 30-Jun-2021 Document 10-Aug-2020 EXEMPTION CERTIFICATE UNDER SECTION 159(1)(A) OF INCOME TAX ORDINANCE, 2001 In exercise of the powers conferred in me under section 159(1)(A) of the Income Tax Ordinance, 2001, it is hereby ordered that no tax u/s 231B of the Income Tax Ordinance,2001, be deducted in respect of payments made by M/S UNIVERSITY OF KARACHI Karachi holding FTN: 9030403 as its income is exempt from tax under section 49 of the Income Tax Ordinance,2001 This Certificate is valid up to 30-06-2021 unless revoked / cancelled earlier. Withholding Tax Description Code Rate Motor Vehicle Registration Fee u/s 231B(1) 64100301 0.00 0.00 0.00 Motor Vehicle Transfer Fee u/s 231B(2) 64100302 0.00 0.00 0.00 Motor Vehicle Sale u/s 231B(3) 64100303 0.00 0.00 0.00 Attributes Attribute Value Decision Granted / Accepted Attachments Exemption registration of motor v.pdf Atif Ali Commissioner Inland Revenue, Zone Regional Tax Office-III, ST/16-17, Gulistan e Johar, block-15 Karachi. Page 1 of 2 Printed on Wed, 12 Aug 2020 11:41: Regional Tax Office-III, ST/16-17, Gulistan e Johar, block-15 Karachi. 159(1) / 231B (Order to grant / refuse reduced rate of withholding on Registration of Motor Vehicle) Name: UNIVERSITY OF KARACHI Registration 9030403 Address: DIRECTOR FINANCE OFFICE KARACHI UNIVERSITY Tax Year : 2021 UNIVERSITY ROAD Period : 01-Jul-2020 - 30-Jun-2021 Medium : Online Contact No: 00923212624882 Due Date : 10-Aug-2020 Valid Upto : 30-Jun-2021 Document 10-Aug-2020 CC MUSLIM COMMERCIAL BANK LIMITED Financial Control Group MCB 15 Main Gulberg, Jail Road, MCB 15 Main 1 0700267 Gulberg, Jail Road, Financial Control Group MCB House 15 Main Gulberg, Jail Road, Lahore Gulberg Town Head Office, I.
    [Show full text]