July 22, 2014 3:49 PM ET

Banks

Company Overview of Habib Bank Limited

Company Overview

Habib Bank Limited, together with its subsidiaries, provides commercial banking, modaraba management, and asset management related services in Pakistan. The company’s retail banking products and services include deposits accounts, such as term, current, savings, and foreign currency accounts; bancassurance products; car, home, and personal loans; and ATM, Internet banking, debit card, credit card, and mobile banking services. Its corporate banking services include working capital finance, pre and post shipment export financing, import financing, LMM funding, receivable discounting, Islamic banking facilities, and cash management services, as well as trade services, which include letter of cr...

Habib Bank Plaza

I.I. Chundrigar Road

Karachi,  75650

Pakistan

Founded in 1947

13,825 Employees

Phone:

92 21 3241 8000

Fax:

92 21 3921 7511

Key Executives for Habib Bank Limited

Habib Bank Limited does not have any Key Executives recorded.

Habib Bank Limited Key Developments

Habib Bank Limited to Report Q2, 2014 Results on Jul 22, 2014

Habib Bank Limited announced that they will report Q2, 2014 results on Jul 22, 2014

Habib Bank Limited, Board Meeting, Jul 22, 2014

Habib Bank Limited, Board Meeting, Jul 22, 2014., at 09:30 Central European Standard Time. Agenda: To consider financial results for the second quarter and half year ended June 30, 2014.

Update on Privatization Process In Pakistan

The Board of Privatisation Commission in Pakistanm has approved sale of shares in Habib Bank Limited (KASE:HBL), Pakistan Petroleum Ltd. (KASE:PPL), Oil and Gas Development Co., Ltd. (KASE:OGDC), Allied Bank Limited (KASE:ABL), United Bank Ltd. (KASE:UBL), Pakistan International Airlines Corporation (KASE:PIAA), National Power Construction Corporation (Pvt) Limited and Heavy Electrical Complex (Pvt.) Ltd. As decided, Pakistan government wanted to offload shares in these enterprises before the end of current fiscal year to raise a minimum of PKR 150 billion for budget financing. However, except for offloading 20% shares of United Bank Ltd. by mid-June 2014, the rest of the enterprises will slip into the next fiscal year.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 5, 2014
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