Aggrieved with banking services, customers have filed the highest number of complaints against Habib Bank Limited (HBL) – the largest bank in Pakistan – during the year 2022.
Habib Bank Limited (HBL) on Wednesday announced 12.42 per cent decline in net profit to Rs23.63 billion for nine months period ended September 30, 2022 as compared with Rs26.98 billion in the same period of the last year. Earnings per share (EPS) fell to Rs15.95 for the period as compared with Rs18.21 in the same […]
KARACHI: Habib Bank Limited (HBL) on Friday issued a clarification related to the news published a day earlier related to supporting terror financing. In a communication sent to Pakistan Stock Exchange (PSX), the bank said that the allegations in the complaints – which have been pending in the US court for more than two years […]
KARACHI: Habib Bank Limited (HBL) has come under scrutiny once again and has been alleged to provide financial support to the terrorist organizations. According to KTrade Alert issued on Thursday, shortly after the news had hit the market, HBL’s stock hit the lower circuit. READ MORE: HBL declares 108 percent growth in quarterly profit As […]
State Bank of Pakistan
State Bank of Pakistan (SBP) has issued a list of IBAN (International Bank Account Number) of Prime Minister Flood Relief Fund 2022 maintained by commercial banks. READ MORE: SBP opens account for Balochistan Flood Relief, Rehabilitation Fund Following is the list of banks and IBAN: 01. Allied Bank Limited (ABL), Title of Account # Prime […]
ISLAMABAD: The President of Pakistan, Dr. Arif Alvi has rejected plea in six different cases filed by Habib Bank Limited (HBL) and ordered to pay victims. A statement issued on stated that the President ordered the HBL to compensate the victims of online banking fraud as justifications presented by the bank were not sufficient. READ […]
KARACHI: Pakistani Rupee likely to continue its falling spree until the country receives funds from the International Monetary Fund (IMF), according to an analyst briefing by the Habib Bank of Pakistan (HBL), the top bank of the country. “The bank management believes that the rupee would continue to depreciate until Pakistan receives $1.2 billion from […]
KARACHI: Habib Bank Limited (HBL), one of the largest banks in Pakistan, has posted 33 per cent decline in profit for the half year ended June 30, 2022. According to financial results submitted to the Pakistan Stock Exchange (PSX), the bank declared profit after tax at Rs12.11 billion for the half year ended June 30, […]
ISLAMABAD: President of Pakistan, Dr. Arif Ali Alvi, on Wednesday ordered Habib Bank Limited (HBL) to immediate compensate a victim of bank fraud. President Dr Arif Alvi reprimanded HBL for unnecessarily dragging the matter of reimbursement of a trivial amount of Rs. 39,000 to the victim of bank fraud. READ MORE: SBP takes measures for […]
Habib Bank Limited (HBL) held its conference call on Friday to discuss financial performance and provide its future outlook onwards. HBL posted a profit after tax of Rs 35.51 billion (EPS: Rs 23.9) in 2021 as opposed to Rs 30.91 billion (EPS: Rs 21.1) in the same period last year, up by 15 per centYoY. […]