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HBL delivers profit of Rs 77 billion in 2022, up 24% YoY, with enhanced focus and commitment to its clients

KARACHI: HBL today declared a consolidated profit before tax of Rs 77 billion for the year ended December 31, 2022, an increase of 24% over...

HBL becomes first Pakistani bank to have branches in China and Gwadar

HBL has set up its first branch in the Gwadar Free Zone on January 29, becoming the only bank in Pakistan to have its...

HBL says closure of NY branch won’t affect its customers worldwide

Habib Bank Limited (HBL) has decided to cease its branch operations in New York, which mainly offers US dollar transaction clearing services. The branch was...

US regulator seeks to fine Pakistan’s HBL up to $630 million

ISLAMABAD: The New York State Department of Financial Services (DFS) is seeking to fine Pakistan's Habib Bank nearly $630 million over what it calls...

Pakistan’s largest bank opens branch in China

Pakistan's Habib Bank Limited on Monday announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world's number two economy.

Pakistan approves $1.02 billion HBL divestment

KARACHI: Pakistan on Saturday approved divesting all of its state-owned shares in top private bank HBL for $1.02 billion, in what officials said is the country's largest-ever equity offering.

Government gets $1.2 billion offers for HBL shares

KARACHI: The government has had offers of more than $1.2 billion for its remaining stake in the country's largest private bank HBL, exceeding expectations, a minister said Friday.
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