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.