Table of Contents
Is HBL listed?
About Company The Aga Khan Fund for Economic Development (AKFED), S.A. is the parent company of the Bank and its registered office is in Geneva, Switzerland.
Who owns Habib Bank Zurich PLC?
Gefan Finanz AGHabib Bank AG Zurich / Parent organization
Ownership. The bank is fully owned by Gefan Finanz AG (incorporated in Zug), which is in turn owned by a trust structure. The trust is 100% owned by members of the Mohamedali Habib branch of the Habib family.
How can I buy shares in HBL?
You can purchase shares through broker’s online trading app / portal easily within the amount transferred by you to CDC.
Who owns HBL?
Aga Khan Fund for Economic DevelopmentHabib Bank Limited / Parent organization
The Government of Pakistan (GoP) privatized HBL in 2004 through which Aga Khan Fund for Economic Development (AKFED) acquired 51% of the Bank’s shareholding and the management control. The remaining 41.5% shareholding by the GoP was divested in April 2015.
Is HBL Islamic Bank?
HBL is one of the largest and leading Islamic banking players in the country. All the Islamic products offered by HBL are approved by the bank’s Shariah Board comprising of renowned Shariah scholars of Pakistan.
How much is Habib Bank worth?
It is also Pakistan’s largest commercial bank, with over 1,700 branches. As of 2020, HBL has 20,795 permanent employees….Habib Bank Limited.
| Headquarters of HBL in Karachi | |
|---|---|
| Revenue | ₨115.96 billion (US$720 million) – 2017 |
| Net income | ₨8.18 billion (US$51 million) – 2017 |
| Total assets | USD 21 billion (2019) |
Who is owner of Bank Alfalah?
Bank Alfalah
| Industry | Banking |
| Founded | June 21, 1997 |
| Headquarters | Karachi, Pakistan |
| Key people | Sheikh Hamdan Bin Mubarak Al Nahayan (Chairman) Sheikh Mansour bin Zayed Al Nahyan (Owner) |
| Products | Loans credit cards Savings Consumer Banking |
What is the history of Habib Bank?
Habib Bank AG Zurich is the heir to a rich tradition of commerce and banking dating back to 1841. The Bank was founded in Zurich in 1967, following the establishment of the dynamic Habib Bank Limited in British India, in 1941.
Why choose HBZ Zurich?
Habib Bank AG Zurich (HBZ) was established in Switzerland in 1967 on a solid foundation of banking tradition that spans several generations.
What is the Corporate Governance at HBZ?
Habib Bank AG Zurich is committed to achieving best practice corporate governance. The Bank has adopted international guidelines with a view to maintaining the highest international banking standards. In 1994, HBZ began its technology innovation journey led by Reza S. Habib.