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Bank al habib branches pdf

Continue Plot #21, Gulzar Camera, Ware House, West Wharf, For other with similar names, see Habib (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, . Al Habib Bank plans to add another 200 branches by the end of 2020. Al Habib Bank has wholesale branches in , and Malaysia, as well as offices in the UAE, , and . 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 . 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 , 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 . 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 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 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 , 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 , 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 , . In 1972, the bank (ﺑﯿﻨﮏ moved its headquarters to Habib Bank Plaza, which became the tallest building in 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 . In 2020, HBL was recognized by the 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 ) 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. In 2002, HBL's uk operations were close to closing due to regulatory problems with the Financial Services Authority. The problem was solved by converting operations into a subsidiary. Then Habib Bank Limited and Allied Bank of Pakistan merged their operations (Habib provided its 6 branches and Allies 4), into a new bank called Habib-Allied International Bank, in which Habib Bank has 90.5% of the shares, while Allied Bank has 9.5%. In December 2003, the Government of Pakistan granted AKFED the rights to 51% of the bank's shares against investments of 22.409 billion kronor ($389 million). In February 2004, the Government of Pakistan transferred control of Habib Bank to ACFEF. The Board of Directors has been reinstated to have four AKFED candidates, including the President and President/CEO and three candidates for the Government of Pakistan. In 2013, the bank acquired Pakistan's consumer business for 2 billion rubles. In April 2015, the Government Sold its 41.5% stake or 609 million shares of the bank for $1.02 billion, according to the Ministry of Finance, the shock price of 168 rubles per share (compared to 166 euros per share) was recommended by the Privatization Council. The bank is now owned by the Aga Khan Economic Development Fund (51%) and the Bank (51%). and the remaining 49% of the shares are in free circulation. CDC Group owns 5% and International Finance Corporation owns 3%, the remaining shares are in the hands of individuals, institutions and funds. In June 2015, the bank acquired ' Pakistani operations and absorbed staff into HBL. On April 18, 2016, HBL was licensed to operate a subsidiary in Yeremki, , becoming the first Pakistani bank to operate in . In February 2018, HBL appointed senior banker Muhammad Aurangzeb (former CEO of Global Corporate Bank - Asia Pacific at JP Morgan) as its president and CEO following the early resignation of Nauman K. Dar on December 31, 2017, after the bank was marred by a $225 million fine for non-compliance with risk management and anti-money laundering rules. International expansion In the 1950s, HBL began its international expansion. In 1951, he opened the first of what would become three branches in Sri Lanka. The following year, HBL established the Habib Bank (Overseas). Then in 1956, HBL opened the first of five branches in Kenya. In 1957 or 1958, HBL opened a branch in Aden. 1961 HBL opened the first of what will become 6 branches in the UK. 1964 HBL opened the first of four branches in and a branch in . 1966 HBL opened the first of eight branches in the UAE. 1967 Haider Mohamedali Habib founded Habib Bank AG zurich. After Pakistan nationalized Habib Bank Ltd in 1974, it became the main branch of the family held by Habib Bank. In 1969, HBL opened the first of three branches and OBU in Bahrain. However, the HBL branch in Aden was nationalized. 1971 HBL opened OBU in and a branch in New York. 1972 HBL opened the first of 11 branches in . HBL built Habib Bank Plaza in Karachi to celebrate the bank's 25th anniversary. 1974 The Government of Pakistan nationalized HBL and HBL merged with the Habib Bank (Overseas). The Habib family, any of its businesses or its subsidiaries did not have a stake in HBL after its nationalization. In 1975, HBL opened a branch in . HBL has also merged with Pakistan-based standard bank Standard Bank. 1976 HBL opened a branch in the Seychelles, the first of two branches in , and a branch in the . 1979 HBL opened a branch in the . 1980 HBL opened a branch in and another in Hong Kong. 1981 HBL established the Nigerian bank Habib with 40% of the property. HBL has also opened a representative office in . 1982 HBL opened a branch in . 1983 HBL opened a branch in Karachi of the EPH and a branch in 1987 HBL opened in . In 1991, the Habib Group established a separate private bank, AL Habib Bank, after private banking was re-established in Pakistan. HBL has opened a branch in the Islands and has taken over branches in Pakistan of BCCI Bank Bank. 1992 In Nepal, HBL acquired 20% of the Himalayan bank. In 1995, HBL established a representative office in . In the 1990s, HBL founded Habib Finance (Australia) and Habib Finance International Limited, Hong Kong. In 2016, HBL opened a branch in China in the area of high-tech industrial development Ermka. A map depicting Pakistan's HBL world operations. Dedicated countries have branches, branches and/or bank offices. Pakistan is highlighted in dark green for reference. In September 2017, HBL agreed to pay a $225 million fine in a legal settlement with the New York State Department of Financial Services (DFS) for 53 separate offences allegedly committed between 2007 and 2017. HBL shares then rose 5 per cent to $160.58 per share, amid investor relief that the fine was not more than $225 million. HBL has already agreed to waive its new York branch operating license, which has been operating since 1978. DFS has previously requested up to $630 million in fines from the HBL for non-compliance with state and federal laws at its only U.S. branch. According to The Nation, compliance issues were related to 2015, when DFS informed Karachi-registered Bank Habib (HBL) of a number of reforms related to the bank's policy on preventing illegal money transfers. In a statement issued in December 2015, DFS said it had identified problems in the bank's compliance with anti-money laundering requirements. Habib also allegedly cleared transactions of a cybercriminal wanted by the U.S. Federal Bureau of Investigation and a Chinese arms manufacturer that was under U.S. sanctions. Because Habib's New York operations were used to withdraw dollar-denominated transactions, the bank is required to abide by U.S. know your client and sanctions law. FinCEN HBL was named in the FinCEN leak published by Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ). He had one suspicious transaction. HBL Asset Management Limited HBL has received permission from the State Bank of Pakistan (SBP) to enter Rs500mn into its subsidiary HBL Asset Management Limited. See also the Banking Portal Economics of Pakistan Habib Bank Plaza List of Banks in Pakistan Links » HABIB BANK LIMITED . opencorporates.com. Received on 6 September 2018. a b About us - Habib House. www.hoh.net . - HBL Annual Report for 2017 (PDF). HBL.com. received on January 26, 2019. History. www.hbl.com. 2016. Habib's bank on Global list of 2000. Forbes. Received on February 16, 2017. The largest public companies in the world. Forbes. Received on February 16, 2017. Reporter, newspaper employee (September 4, 2020). HBL, NBP, UBL have announced important banks. .COM. Received on September 7, 2020. Summary of project information, Habib Bank Ltd. Summary of project information, Habib Bank Ltd - International Finance Corporation. December 1, 2006. Received on December 5, 2007. History Archived 8 December 2015 in Wayback Machine HBL Received 27 December 2011 - History. Hbl. December 5, 2007. Archive from the original on December 15, 2007. Received on December 5, 2007. - Nauman, Kasim (April 12, 2015). Pakistan receives $1.02 billion for a stake in Habib's bank. Wall Street Journal. Received on September 26, 2017. Rana, Shahbaz (April 12, 2015). Privatization Income: Final approval granted $1b HBL share offer. Express Tribune. Received on September 26, 2017. HBL to open a branch in China. Express Tribune. Received on April 18, 2016. Obituary notice in Neue zerher Tseitung 108/2011. HABIB BANK LTD. vs. HABIB BANK A.G. zurich - 1980/82 HABIB BANK LTD. v. HABIB BANK A.G. Transfer Off - Risk of Confusion - Use of the surname - Banks included a well-known banking family - Banks in Pakistan and Switzerland are closely linked to substantial business - Nationalization of banks in Pakistan - whether it is a Swiss bank entering into independent trade - whether well - whether and reputation exclusive - whether nationalized banks claim prohibited presidency, laches and estoppel. September 8, 2017. Received on September 8, 2017. Ben McLannan (September 8, 2017). The New York regulator kicks The Pakistani bank Habib from the U.S. Financial Times. Received on September 8, 2017. Price, Michelle (September 7, 2017). Pakistan's Habib Bank will pay a $225 million fine for non-compliance. . Received on September 8, 2017. NY DFS fines Pakistani Habib Bank $630M PYMNTS.com. www.pymnts.com. Received august 29, 2017. The HBL says the New York regulator is seeking to fine it up to $630 million to the Nation (Pakistan). Received on August 29, 2017. The New York regulator is seeking a $630 million fine from Habib Bank. Received on August 29, 2017. Report, Monitoring (September 21, 2020). Six Pakistani banks named in the FinCEN leak. Profits Pakistan today. Received on September 23, 2020. Ahmed, Ali (September 26, 2020). HBL receives the approval of the for the introduction of Rs500mn in its subsidiary. Brecorder. Received on September 26, 2020. External links Habib Bank hblibank - Habib Bank Internet Banking site HBL Got Bank of the Year - 2009 HABIB BANK LTD. V. HABIB BANK A.G. zurich - 1980/82 HBL Data Breach of Pakistani Pakistani Cracks of Pakistan's largest bank extracted from branches code. bank al habib branches in pakistan. bank al habib branches in peshawar. bank al habib branches in faisalabad. bank al habib branches in multan. bank al habib branches in sialkot. bank al habib branches in gujranwala. bank al habib branches near me

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