Habib Bank
From Wikipedia, the free encyclopedia
| Habib Bank Limited | |
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| 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 "Habib Bank") 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.
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[edit] 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.
[edit] 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.
[edit] Functions
[edit] 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)
[edit] 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:
[edit] Branches
[edit] Pakistan
With the largest number of branches in Pakistan, the main branches are mostly located in the largest commercial cities of Pakistan including; Karachi, Lahore, Islamabad, Faisalabad, Multan, Rawalpindi, Quetta, Sialkot, Peshawar, Kharian and many others.
[edit] 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, Fiji Islands, Sri Lanka, Singapore, Hong Kong, Maldives, China, Nepal.
[edit] 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]
[edit] Board of Directors
| Name | Position | Department |
|---|---|---|
| R. Zakir Mahmood | President & Chief Executive officer | |
| Abid Sattar | SEVP & Group Executive | Retail Banking |
| Ayaz Ahmed | SEVP & Group Executive | Financial Control & Corporate Planning |
| Aziz Rajkotwala | SEVP & Group Executive | Consumer Products\ |
| Jamil A Khan | SEVP & Group Executive | Global Operations |
| Jamil Iqbal | SEVP & Group Executive | Misys & BPR |
| Kashif Shah | EVP & Group Executive | Investment Banking |
| M Aslam Gadit | EVP & Group Executive (Oftg) | Asset Remedial Management |
| Mirza Saleem Baig | EVP & Head | Commercial Banking |
| Mudassir H Khan | SEVP & Group Executive | Global Compliance |
| Nauman K Dar | EVP & Group Executive | International Banking |
| Salim Amlani | SEVP & Group Executive | Audit, BRR & Investigation |
| Shahid M Loan | SEVP & Group Executive | Global Treasury |
| Sima Kamil | SEVP & Group Executive | Corporate Banking |
| Sohail Malik | SEVP & Group Executive | Credit Policy |
| Yousuf Nasir | EVP & Group Executive | Information Technology |
| Zafar Aziz Osmani | SEVP & Group Executive | HR & Organization Development |
