Tag Archives: HBL

Karachi, January 30, 2018 (PPI-OT): HBL opened its branch in the free zone Gwadar on the 29th of January, 2018, making it the only bank to have a branch in Gwadar as well as China. With the launch of branch, HBL has achieved the monumental milestone of becoming the first branch to be opened in ...

Karachi, August 26, 2016 (PPI-OT):HBL, Pakistan’s largest bank, launched its 75th anniversary celebrations, in a special ceremony held at the HBL Plaza in Karachi. The event was attended by Mr. Sultan Ali Allana (Chairman, HBL) along with the Bank’s senior management to celebrate HBL’s past and embrace its bright future. The history of HBL is ...

Karachi, May 25, 2016 (PPI-OT):HBL has acquired a 51% majority shareholding in the First MicroFinance Bank Limited (FMFB), the first and oldest microfinance bank in Pakistan with a presence in over 150 locations covering 66 districts. FMFB’s roots lie in the credit and savings programmes of the Aga Khan Rural Support Program (AKRSP) dating back ...

Karachi, December 18, 2015 (PPI-OT): HBL operates a branch in New York, which is licensed by the New York State Department of Financial Services (NYSDFS) and which is subject to oversight and supervision by the Federal Reserve Bank of New York (FRBNY). The NY Branch of HBL had been operating under a “Written Agreement” with ...

Karachi, April 20, 2015 (PPI-OT): Industrial and Commercial Bank of China (ICBC) the largest bank of China, and Habib Bank Limited (HBL) the largest bank of Pakistan, join hands for setting up industrial zones in Pakistan. This initiative was launched in an investment conference held in Suzhou China. The objective of this conference was to ...

Karachi, March 17, 2015 (PPI-OT): HBL has been enabling companies, large and small, to accept online payments on their website through HBL’s Internet Payment Gateway. Shopistan.pk Pvt. Ltd., is an emerging company in the Pakistani E-Commerce industry with a product suite that includes end-to-end Managed E-Commerce Services and Omni-Channel E-Commerce Technology. Using HBL Internet Payment ...

Karachi, March 06, 2015 (PPI-OT): HBL, Pakistan’s largest bank, recently signed an agreement with Sefam Group of Companies, Pakistan’s largest fashion brand portfolio. Under this agreement, HBL will provide state of the art solutions for Sefam’s collection of sales proceeds through its counters and POS machines as well as manage the group’s payroll through HBL ...