HBL Announces Rs. 6 Billion Equity Investment in HBL Microfinance Bank Ltd Habib Bank Ltd (HBL) has recently disclosed its decision to inject up to Rs. 6 billion in equity into its subsidiary, HBL Microfinance Bank Ltd (HBL MfB), as confirmed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday. Established in 2002, […]
HBL Forges Strategic Alliance with Shaukat Khanum Hospital to Enhance Their Financial Operations
In a significant development, Habib Bank Limited (HBL) has inked a strategic partnership with Shaukat Khanum Hospital aimed at optimizing cash management and payroll processes. This collaboration underscores HBL’s unwavering commitment to pioneering solutions and fortifying critical healthcare infrastructure. HBL, a leading financial institution renowned for its innovative approach, has entered into a strategic alliance […]
Agrilift and HBL Forge Partnership to Enhance Financial Inclusion for Farmers
In a groundbreaking announcement made at the Pakistan Agricultural Coalition conference held in Lahore, Agrilift and HBL (Habib Bank Limited) have formally declared a strategic partnership aimed at bolstering financial inclusion within the farming community. The collaboration centers around the introduction of Agrilift Smart Risk, a pioneering initiative designed to revolutionize credit assessment processes and […]
HBL Posts Rs. 15 Billion Profit (After Tax) in 3 Months
In an announcement today, Habib Bank Limited (HBL) disclosed its impressive financial performance for the first quarter ended March 31, 2024. The bank’s consolidated profit before tax marked a notable surge, reaching Rs. 30.1 billion, representing a substantial 40 percent increase compared to the corresponding period last year. Moreover, profit after tax witnessed a commendable […]
HBL Introduces USD Debit Card, Empowering Pakistan’s Freelancer Community
In a move set to revolutionize the landscape for Pakistan’s burgeoning freelancer community, HBL proudly unveils its latest innovation: the USD Debit Card. This Visa-powered card promises to simplify international transactions for IT exporters, marking a significant leap forward in financial accessibility and efficiency. With the introduction of this groundbreaking solution, freelancers can now bid […]