Habib Bank Limited
Type	Public
Founded	Bombay (now Mumbai (1941)
Headquarters	Habib Bank Plaza Karachi, Pakistan
Industry	Banking Capital Markets Global Markets
Products	Loans, Credit Cards, Savings, Consumer Banking etc.
Revenue	PKR
Slogan	The Power to Lead
Website	www.habibbankltd.com

Habib Bank Limited (commonly referred to as "HBL") (Arabic: حَبيب بينك) is the largest bank in Pakistan and a thoroughly established banking chain throughout the world. An extensive network of 1425 branches in Pakistan and 55 international branches makes it one of the largest banks in Pakistan today. Habib Bank Plaza located in Karachi, Sindh is the formal headquarters of the bank. The bank has a network outside Pakistan including USA, UK, Middle East, Asia Pacific and Africa. Image File history File links Habib_bank_logo. ... This article does not cite any references or sources. ... This article or section should be merged with Mumbai Mumbai (previously known as Bombay) is the worlds most populous conurbation, and is the sixth most populous agglomeration in the world. ... , “Bombay” redirects here. ... Habib Bank Plaza is located in Karachi, Sindh, Pakistan. ...   (Urdu: , Sindhi: ) is the largest city in Pakistan and is the provincial capital of Sindh province. ... Image File history File links No higher resolution available. ... For other uses, see Bank (disambiguation). ... The capital market is the market for long-term loans and equity capital. ... Look up credit card in Wiktionary, the free dictionary. ... Look up revenue in Wiktionary, the free dictionary. ... Green up arrow for a positive change in revenue from last fiscal year. ... The acronym PKR can refer to:- the currency code for the Pakistani Rupee This page concerning a three-letter acronym or abbreviation is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Arabic ( or just ) is the largest living member of the Semitic language family in terms of speakers. ... Habib Bank Plaza is located in Karachi, Sindh, Pakistan. ...   (Urdu: , Sindhi: ) is the largest city in Pakistan and is the provincial capital of Sindh province. ... Sindh (SindhÄ«: سنڌ, UrdÅ«: سندھ) is one of the four provinces of Pakistan and historically is home to the Sindhis. ... A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ... Map showing general definition of Asia-Pacific The term Asia-Pacific generally applies to littoral East Asia, Southeast Asia and Australasia near the Pacific Ocean, plus the states in the ocean itself (Oceania). ... A world map showing the continent of Africa Africa is the worlds second-largest and second most-populous continent, after Asia. ...

History

It has come a long way from its modest beginnings in Mumbai (Bombay) during 1941 when it commenced operations with a fixed capital of 25,000 rupees. Impressed by its initial performance, Mohammed Ali Jinnah (the founder of Pakistan) asked the Habib Bank to move its operations to Karachi after the independence of Pakistan. Habib Bank Limited established itself in the Karachi in 1943 and became a symbol of pride and progress for the people of Pakistan. Quaid-e-Azam Mohammad Ali Jinnah of Pakistan Mohammad Ali Jinnah (referred to in Pakistan as Quaid-e-Azam, or Great Leader, which is a legally defined title) (December 25, 1876 - September 11, 1948) was an Indian Muslim nationalist, who led the movement demanding a separate homeland for Muslims in...   (Urdu: , Sindhi: ) is the largest city in Pakistan and is the provincial capital of Sindh province. ...

In 2006, Habib Bank sold the operations that it had established in Fiji in 1991 to Bank of South Pacific. Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ... Bank of South Pacific (BSP) is Papua New Guinea’s largest bank, with 35 branches throughout the country and capital in excess of Kina 2 billion. ...

Mission

To be recognized as the leading financial institution of Pakistan and a dynamic international bank in the emerging markets, providing our customers with a premium set of innovative products and services, and granting superior value to our stakeholders – shareholders, customers and employees.

Functions

Services

Habib Bank offers the following services to its customers;

• Commercial Banking
• Corporate Banking
• Investment Banking
• International Group Banking
• Retail Banking
• Treasury
• Islamic Banking (referred to Modaraba)

Internet Banking

Habib Bank refers to its Internet banking to "hblEbank". The service was first set up as the internet was becoming a very popular place to check bank accounts and do payments and transfers. hblEbank offer the following services;

• Statement of Account(s)
• Single Account Balances
• Group Accounts Balances
• Account to Account Transfers
• Payment to Third Party by requesting the following:

Branches

The branches of Habib Bank in Pakistan

Image File history File links Location_of_branches_of_Habib_Bank. ... Image File history File links Location_of_branches_of_Habib_Bank. ...

Pakistan

With the largest number of branches in Pakistan, the main branches are mostly located in the largest commercial cities of Pakistan including; Karachi, Hyderabad, Lahore, Islamabad, Faisalabad,Mirpur Khas, Multan, Rawalpindi, Quetta, Sialkot, Peshawar, Kharian,Jhang,Mirpur Mathelo,Chishtian, and many others.   (Urdu: , Sindhi: ) is the largest city in Pakistan and is the provincial capital of Sindh province. ... This article is about Hyderabad, Pakistan. ...   (Urdu: لاہور, Punjabi: لہور, pronounced ) is the capital of the province of Punjab, and is the second largest city in Pakistan. ...   (Urdu: اسلام آباد) is the capital city of Pakistan, and is located in the Potohar Plateau in the northwest of the country. ...   (Urdu: فیصل آباد) is a city located in Punjab, Pakistan. ... Area map of Sindh showing the location of Mirpur Khas Mirpur Khas (Urdu/Sindhi: میرپور خاص) with a population of 124,371 (1981), is a south eastern Pakistani city, fourth largest in the Sindh Province. ... Multan shown on a 1669 world map   (Urdu: ملتان) is a city in the Punjab Province of Pakistan and capital of Multan District. ... Rawalpindi (Urdu: راولپنڈی) is a city in the Potwar Plateau near Pakistans capital city of Islamabad, in the province of Punjab. ...   (Urdu: کوئٹہ) also spelled Kwatah city is the largest city and provincial capital and district of Baluchistan Province, Pakistan. ... Sialkot (Urdu/Punjabi: سیالکوٹ ) is a city situated in the north-east of the Punjab province in Pakistan at the feet of the snow-covered peaks of Kashmir near the Chenab river. ...   (Urdu: پشاور; Pashto: پښور) literally means City on the Frontier in Persian and is known as Pekhawar in Pashto. ... Kharian is located in Punjab, Pakistan Kharian is a city of District Gujrat in Pakistan, situated at Grand Trunk Road, 20 miles from Gujrat and 10 miles from Jhelum. ... Jhang (Punjabi/Urdu: جھنگ) is a Punjab district having a town with same name on the Chenab river, with 387,418 inhabitants (1998). ... Chishtian is a city located in Punjab, Pakistan, Asia in the Bahawalnagar district. ...

Overseas

• USA - New York
• UK - London, Manchester, Birmingham, Glasgow, UK
• Canada - Toronto
• Belgium - Brussels
• France - Paris
• Lebanon - Beirut
• Netherlands - Rotterdam
• Turkey - Istanbul
• Africa - Kenya, Mauritius, Seychelles, Nigeria.
• Middle East - Afganistan, Bahrain, Oman, UAE, Iran
• Asia Pacific - Australia, Bangladesh, Sri Lanka, Singapore, Hong Kong, Maldives, China, Nepal.

“NY” redirects here. ... This article is about the capital of England and the United Kingdom. ... This article is about the City of Manchester in England. ... Birmingham (pron. ... For other uses, see Glasgow (disambiguation). ... For other places with the same name, see Brussels (disambiguation). ... This article is about the capital of France. ... For other uses, see Beirut (disambiguation). ... Nickname: Motto: Sterker door strijd (Stronger through Struggle) Location of Rotterdam Coordinates: , Country Netherlands Province South Holland Government  - Mayor Ivo Opstelten  - Aldermen Jeannette Baljeu Hamit Karakus Orhan Kaya Lucas Bolsius Jantine Kriens Dominic Schrijer Roelf de Boer Leonard Geluk Area [1]  - City 319 km²  (123. ... Istanbul (Turkish: , Greek: , historically Byzantium and later Constantinople; see other names) is Turkeys most populous city, and its cultural and financial center. ... A world map showing the continent of Africa Africa is the worlds second-largest and second most-populous continent, after Asia. ... A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ... Afghanistan (Pashtu/Iran in the west, Pakistan in the south and east, Uzbekistan and Tajikistan in the north, and China in the easternmost part of the country. ... UAE redirects here; for other uses of that term, see UAE (disambiguation) The United Arab Emirates is an oil-rich country situated in the south-east of the Arabian Peninsula in Southwest Asia, comprising seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. ... Map showing general definition of Asia-Pacific The term Asia-Pacific generally applies to littoral East Asia, Southeast Asia and Australasia near the Pacific Ocean, plus the states in the ocean itself (Oceania). ...

Ownership

Habib Bank Ltd operated under state ownership between 1974-2004. After privatization in 2004, 51 percent of the Bank’s shares were purchased by the Aga Khan Fund for Economic Development, an agency of the Aga Khan Development Network. The Government of Pakistan is expected to gradually divest its remaining shares in the Bank.^[1] Founded and guided by Aga Khan, the Aga Khan Development Network (AKDN) focuses on health, education, culture, rural development, institution-building and the promotion of economic development. ...

Board of Directors

Controversy

On July 18, 2007, Mariane Pearl, the widow of Wall Street Journal reporter Daniel Pearl, filed a lawsuit against Habib Bank Ltd over the 2002 abduction, torture and murder of her husband. The pending lawsuit alleges the bank and its subsidiaries knowingly conducted financial transactions and provided account services on behalf of Al Akhtar Trust, a Pakistani based charity trust. Al Akhtar Trust’s accounts have been used to provide financial support to terrorists.^[2] However, HBL claims to have froze Al Akhtar Trust’s accounts several years before Daniel Pearl’s abduction.^[3] Shortcut: WP:-( Vandalism is indisputable bad-faith addition, deletion, or change to content, made in a deliberate attempt to compromise the integrity of the encyclopedia. ... Shortcut: WP:-( Vandalism is indisputable bad-faith addition, deletion, or change to content, made in a deliberate attempt to compromise the integrity of the encyclopedia. ... is the 199th day of the year (200th in leap years) in the Gregorian calendar. ... Mariane Pearl (born Mariane van Neyenhoff, July 23, 1967, Clichy-la-Garenne, France) is the widow of Daniel Pearl, the Wall Street Journal reporter who was kidnaped and murdered by terrorists in Pakistan in early 2002. ... The Wall Street Journal is an influential international daily newspaper published in New York City, New York with an average daily circulation of 1,800,607 (2002). ... Daniel Pearl (October 10, 1963 – February 1, 2002) was an American journalist who was kidnapped and murdered in Karachi, Pakistan. ... Daniel Pearl (October 10, 1963 – February 1, 2002) was an American journalist who was kidnapped and murdered in Karachi, Pakistan. ...

Habib Bank Limited was also challenged by the U.S. Federal Reserve Board and the New York State Banking Department for failing to address deficiencies in its compliance with U.S. anti-money laundering laws. After the U.S. Federal Reserve Board threatened formal charges against HBL, though none were filed, Habib Bank Limited agreed to strengthen the banks compliance to the laws.^[4] More specifically, HBL was ordered to strengthen its transaction monitoring systems and the filing of "suspicious activity reports" on transactions that do not fit the routine business patterns of the bank's customer base.

It was also denied entry into the Indian market for fears that it might allow militants easier access to jihadi funds from Pakistan.^{[citation needed]}

See also

• Economy of Pakistan
• Habib Bank Plaza
• List of Banks in Pakistan

Pakistan is the third fastest growing major economy after China and India in Asia. ... Habib Bank Plaza is located in Karachi, Sindh, Pakistan. ... The following is the list of banks in Pakistan. ...

External links

• Habib Bank
• hblEbank - Habib Bank's Internet Banking Website

References

1. ^ Summary of Project Information, Habib Bank Ltd - International Finance Corporation. Retrieved on 2006-12-01.
2. ^ U.S. Designates Al Akhtar Trust. Retrieved on 2007-07-22.
3. ^ "HBL froze banned charities’ accounts before Daniel Pearl’s abduction". Retrieved on 2007-07-22.
4. ^ "Pakistani bank agrees to U.S. money-launder order". Retrieved on 2007-07-22.