In a notable development, Habib Bank Limited (HBL) and The Bank of Punjab (BoP) have announced new monthly charges on high-value accounts, effective December 20, 2024. The revisions are part of the updated Schedule of Charges for July-December 2024. HBL’s New Fee Structure HBL has introduced a 6 percent monthly fee on checking accounts with […]
HBL Reports Rs 85.9 Billion Profit (Before Tax) for First 9 Months-2024
HBL has announced a consolidated profit before tax of Rs 85.9 billion for the first nine months of 2024, marking a 3% increase compared to the same period last year. The bank’s strong performance, driven by its domestic businesses and steady international growth, led to a profit after tax of Rs 43.3 billion. Earnings per […]
HBL wins Best Conventional Bank of the Year Excellence Award
Islamabad, 8 October 2024 – HBL, Pakistan’s first commercial bank, has been honored with the prestigious accolade of ‘Best Conventional Bank of the Year’ at the 12th FPCCI Excellence Awards. The award was presented by the President of Pakistan, Mr. Asif Ali Zardari, to Muhammad Nassir Salim, President & CEO of HBL, during a ceremony […]
HBL Wins Prestigious ‘Best Board of the Year’ Award from PICG
Karachi: HBL has been awarded the coveted ‘Best Board of the Year’ by the Pakistan Institute of Corporate Governance (PICG), in recognition of its exemplary leadership, strong governance, and strategic oversight. The award highlights HBL’s continued commitment to excellence in corporate governance and responsible business practices. The accolade was presented to Aamir Irshad, Acting President […]
HBL Islamic Partners with Al-Hamd International Container (AICT) for Digital Payments in Pakistan’s Logistics Sector
Karachi — HBL Islamic has reinforced its strategic alliance with Al-Hamd International Container Terminal (AICT), a leading logistics provider in Pakistan. This partnership is set to empower AICT with a comprehensive digital payment solution, marking a significant step towards the digitalization of the logistics industry in the country. Through this collaboration, HBL Islamic aims to […]
HBL Partners with TPL Maps to Leverage Location-Based Technology for Strategic Growth
Karachi, Pakistan – HBL, Pakistan’s leading private sector bank, has announced a strategic partnership with TPL Maps to harness the power of location-based technology, aimed at enhancing operational efficiency and driving strategic growth. The collaboration will enable HBL to utilize TPL Maps’ advanced location intelligence platform, providing the bank with critical data on businesses, footfall, […]
HBL Invests in Digitt+ to Revolutionize Pakistan’s Agri and SME Sectors
Karachi, Pakistan — HBL, Pakistan’s leading bank, has announced a strategic investment in AFT, an innovative fintech startup. This collaboration aims to accelerate the development of Pakistan’s agricultural and merchant sectors, enhancing financial inclusion and operational efficiency in these vital but underserved areas. AFT, through its Digitt+ platform, offers a multilingual interface that enables farmers […]
HBL recognized as “Best Trade Partner Bank – Middle East” by IFC
HBL has achieved a historic milestone by becoming the first Pakistani bank to be honored with the prestigious title of “Best Trade Partner Bank – Middle East” by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition underscores HBL’s significant contributions to regional trade and business growth in the Middle […]
HBL and EXIM Sign MoU to Implement EXIM’s Trade Credit Insurance Facilities
Karachi, Pakistan – In a groundbreaking collaboration, Habib Bank Limited (HBL) and the Export-Import Bank of Pakistan (EXIM) have signed a Memorandum of Understanding (MoU) to enhance Pakistan’s export growth through innovative trade credit insurance facilities. This strategic partnership aims to support exporters, with a special focus on Small and Medium Enterprises (SMEs) and emerging […]
HBL and Naeem Electronics Forge Strategic Alliance to Transform Cash Management Collections
In a move set to redefine cash management collections in Pakistan, HBL (Habib Bank Limited) and Naeem Electronics have announced a strategic partnership. This collaboration is geared towards leveraging HBL’s extensive digital channels, including Internet and Mobile Banking, as well as 1-bill API Integration, to revolutionize cash management collections. The initiative reflects a shared vision […]