Habib Bank Limited

Habib Bank Limited was established in Bombay in 1941 by the sons of Habib Esmail. The bank had over 30 branches operating in India at the time of partition. Quaid-e-Azam Mohammad Ali Jinnah reposed confidence in the bank by opening his personal account. On the creation of Pakistan in 1947, and following the advice of the Quaid-e-Azam, Habib Family shifted all of its businesses including Habib Bank to Pakistan. The bank played a vital role in meeting the financial and banking needs of Pakistan. It continued to record tremendous growth and progress; it emerged as the leading private-sector commercial bank in Pakistan when it was taken over by the Government of Pakistan along with all other Pakistani banks on January 1, 1974.
In 1991, the government again decided to allow the private sector to establish commercial banks in the country. Dawood Habib Group was amongst the first to be granted permission to set up a new bank under this policy. Bank AL Habib Limited was incorporated in October 1991 by the grandsons of Habib Esmail and started operations in January 1992. Although Bank AL Habib commenced operations in 1992, it embodies the same high standards of integrity, prudence, and trust which have characterized Habib Family's banking operations in Pakistan and abroad for about 70 years. In a short span of 25 years, the Bank's assets have grown to more than Rs, 750 Billion, with a network of 726 branches and sub-branches, a Wholesale Branch in the Kingdom of Bahrain, Seychelles and Malaysia and Representative Offices in Dubai, Istanbul, Beijing, China and Nairobi, Kenya.
Website: https://www.bankalhabib.com/


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