Karachi, October 29, 2024 — The State Bank of Pakistan (SBP) has imposed a hefty penalty of Rs 290.71 million on Habib Bank Limited (HBL) over the first nine months of 2024, marking a significant increase in regulatory fines compared to the same period last year.
Karachi, October 16, 2024 – Habib Bank Limited (HBL) announced a 13% year-on-year (YoY) decline in earnings for the third quarter of calendar year 2024 (3QCY24), with profits totaling PKR 14.5 billion (Earnings Per Share: PKR 9.85).
Karachi, August 27, 2024 – Habib Bank Limited (HBL) has projected a significant reduction in the key policy rate by the State Bank of Pakistan (SBP), expecting it to decrease to 14-15% by June 2025. This forecast was shared by the bank’s management during an analyst briefing hosted by Arif Habib Limited.
Karachi, May 1, 2024 – Habib Bank Limited (HBL) has been identified as the bank with the highest number of customer complaints in Pakistan for the year 2023, according to the Annual Report released by Banking Mohtasib Pakistan.
Karachi, April 23, 2024 – Habib Bank Limited (HBL), one of Pakistan’s premier banking institutions, has declared a substantial after-tax profit of Rs 15.04 billion for the first quarter of the calendar year 2024, marking a significant increase from Rs 13.26 billion reported in the same period last year.
Karachi, March 11, 2024 –Habib Bank Limited announced the appointment of Muhammad Nassir Salim as its new President and Chief Executive Officer on Monday.
Karachi, Pakistan – March 6, 2024 – Habib Bank Limited (HBL) expects the benchmark interest rate in Pakistan to be reduced to 17% by the end of 2024.
Burewala, February 26, 2024 –Habib Bank Limited (HBL) unveiled its latest venture, HBL Zarai Services, in Burewala on Monday for advancing agricultural development and bolstering food security in Pakistan,
Karachi, February 23, 2024 – In a remarkable financial performance, Habib Bank Limited (HBL) has reported an impressive 84 percent growth in its annual profit for the calendar year 2023.
Karachi, August 2, 2023 – The Aga Khan Fund for Economic Development (AKFED) has recently conveyed its intention to acquire shares of Habib Bank Limited (HBL) worth Rs 3.47 billion.