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Tag: Habib Bank Limited

Habib Bank Limited

Habib Bank pays Rs41 billion in income tax during 1HCY25

July 31, 2025July 31, 2025Shahnawaz Akhter

Karachi, July 31, 2025 – Habib Bank Limited (HBL) has reported a significant contribution of Rs41 billion in income tax payments during the first half of the calendar year 2025 (January–June), underscoring the bank’s expanding profitability and its vital role in Pakistan’s financial sector.

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Habib Bank Limited

Habib Bank Tops 2024 List for Customer Complaints

April 22, 2025April 22, 2025Shahnawaz Akhter

KARACHI, April 22, 2025 – Habib Bank Limited (HBL) has topped the list of financial institutions with the highest number of banking customer complaints during the calendar year 2024, according to the annual report released by the Banking Mohtasib of Pakistan.

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Habib Bank Limited

SBP Levies Rs 290.71 Million in Penalties on Habib Bank

October 29, 2024October 29, 2024Shahnawaz Akhter

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.

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Habib Bank Limited

HBL Reports 13% YoY Decline in Q3 2024 Earnings

October 16, 2024October 16, 2024Shahnawaz Akhter

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).

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Habib Bank Limited

HBL Anticipates Policy Rate Cut to 14% by June 2025

August 27, 2024August 27, 2024Shahnawaz Akhter

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.

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Habib Bank

Habib Bank Tops Customer Complaints List in 2023

May 1, 2024May 1, 2024Shahnawaz Akhter

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.

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Habib Bank Limited

Habib Bank Announces Profit of Rs 15.04 Billion for Q1 2024

April 23, 2024April 23, 2024Faisal Shahnawaz

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.

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Habib Bank Limited

Nassir Salim Takes Helm as President and CEO of Habib Bank

March 11, 2024March 11, 2024Shahnawaz Akhter

Karachi, March 11, 2024 –Habib Bank Limited announced the appointment of Muhammad Nassir Salim as its new President and Chief Executive Officer on Monday.

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Habib Bank Limited

HBL Anticipates Policy Rate Cut to 17% by Year-End

March 6, 2024March 6, 2024Shahnawaz Akhter

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.

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pakistan agriculture

Habib Bank Launches HBL Zarai Services for Agri Development

February 26, 2024February 26, 2024Shahnawaz Akhter

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,

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