Habib Bank Limited Clarifies Intent to Establish Subsidiary Promoting Pakistan’s Agriculture Sector

Karachi, In response to recent media coverage on the matter, Habib Bank Limited (HBL) has issued a clarification regarding its plans to set up a subsidiary aimed at promoting the agriculture sector of Pakistan. The bank has confirmed that a comprehensive feasibility report has been finalized, and it is presently seeking all necessary regulatory approvals for the incorporation of the proposed subsidiary. HBL assures that it will promptly disclose any further developments to the Exchange once the required approvals are obtained.

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