(First Habib Bank Modaraba is managed by Habib Bank Financial Services (Pvt.) Limited (HBFSL), a wholly owned subsidiary of Habib Bank Limited. The Board of Directors of HBFSL, in their meeting held on 20 September, 2007, have approved and declared final profit distribution of First Habib Bank Modaraba at Rs,1.30 i.e. 13% per Modaraba Certificate for the year ended 30 June, 2007.
The Certificate Transfer Book will remain closed from October 22, 2007 to October 29, 2007 (both days inclusive) for the purpose of entitlement of dividend and attendance of the Annual Review Meeting. All transfers received in order up to close of business on October 21, 2007 at our Registrar’s Office, M/s T.H.K. Associates (Pvt) Limited, Ground Floor, State Life Building – 3, Dr. Ziauddin Ahmed Road, Karachi, will be considered in time.
Notice is hereby given that the 8th Annual Review Meeting of the Certificate Holders will be held on Tuesday October 29, 2007 at 3:30 pm at 17th Floor, Habib Bank Plaza, I.I. Chundrigar Road, Karachi, to review the performance of the Modaraba for the year ended June 30, 2007.)
Tuesday 25 August 2009
(First Habib Bank Modaraba declares final profit distribution)
icard and AutoCash to become inactive
HBL has discontinued the issuance, service and usage of iCard and AutoCash ATM/POS cards. Please contact your branch to apply for the HBL Value Visa Debit Card to continue using ATM machines and conducting POS based transactions.
The HBL Value Visa Debit Card is enabled for local and international use at all Visa ATM machines and merchants.
Please note that iCard and AutoCash cards that are used after 31st October, 2007 will be captured by HBL ATM machines.
HBL installs Vikuiti screen at its Zamzama Branch
HBL has installed a Vikuiti screen at its Zamzama branch in Karachi, Pakistan. The screen plays a montage of HBL’s current product offerings and corporate TV commercials. You can view the screen from sunset onwards during October, 2007.
HBL introduces Enhanced Savings Account
Under the auspices of Pakistan Banks' Association, HBL introduced the
Enhanced Savings Account (ESA). All PLS Savings Accounts with an average balance of up to Rs. 20,000 will automatically be transferred to this category and earn up to 4% p.a. profit.
Under ESA, all accounts will be automatically transferred on October 31, 2007. Profit will be calculated and credited on a quarterly basis on the average balance. Additionally, 4 free debit transactions (excluding ATM) are provided and only Rs. 50 is deducted if the average balance falls below Rs. 5,000 during the month.
HBL provides countrywide access to ESA with no hidden charges. Please contact your nearest branch for more details.
HBL President announces the launch of HBL CreditCard
HBL, comprising Pakistan’s largest banking network, recently launched the HBL CreditCard. This marks HBL’s latest addition to a series of new initiatives aimed at adding value for the nation’s consumers.
Announcing the launch of HBL CreditCard, the bank’s President, Mr. Zakir Mahmood, said “As Pakistan’s largest private bank, HBL strives to play an instrumental role in the country’s development, especially its financial market. HBL CreditCard is a part of this effort.”
Mr. Abid Sattar, Group Executive, Retail & Consumer Banking, HBL, stated, “We intend to provide the country’s most powerful card to every segment of the society, spanning the entire nation. We shall expand the credit card market through our huge branch network, state-of-the-art technology and exemplary customer service.”
HBL aims to grow the stagnated credit card market in Pakistan by offering convenience, flexibility, security and opportunity to the nation’s consumers. Available in Green and Gold formats, HBL CreditCard is accepted at more than 24 million merchants worldwide.
Among numerous features offered, “Lower rate every year” is one of the unique features of HBL CreditCard. Under this feature, customers will be rewarded through a reduction in the rate of service charges at the end of each year if they pay their regular bills on time. Other features offered by HBL CreditCard include E-statements, SMS Alerts, Statement by Fax, Balance Transfer Facility and Revolving Credit Facility.
HBL announces First Quarter results
We are pleased to inform our shareholders that as per resolution passed at the Annual General Meeting held on March 28, 2008 and subsequent permission granted by the Stock Exchanges and Securities and Exchange Commission of Pakistan under Section 245 of the Companies Ordinance, 1984, HBL shall place Quarterly Accounts on its website each quarter.
Quarterly Accounts for the period ended March 31, 2008 have been uploaded and can be viewed here.
HBL shall provide free printed copies of Quarterly Accounts to shareholders a written demand / request from them, within one week of receiving.
Dispatch of Dividend Warrants and Bonus Shares
Shareholders who do not receive their Warrants & Bonus Certificates within 10 days hereof may contact our Shares Registrar at the following address:
M/s THK Associates (Pvt.) Limtied
Ground Floor, State Life Building No. 3,
Dr. Ziauddin Ahmed Road, Karachi.
Tel: (021) 111 – 000 – 322 Fax: (021) 5655595
The Bonus Shares of CDC shareholders have been credited to their respective accounts maintained at Central Depository Company of Pakistan.
(Attested CNIC photocopy submission)
(As per SBP regulations, all account holders who have not submitted their attested CNIC photocopy to their respective branch are requested to do so before December 31, 2008.)
HBL announces Half Yearly results
We are pleased to inform our shareholders that as per permission granted by the Stock Exchanges and Securities and Exchange Commission of Pakistan under Section 245 of the Companies Ordinance, 1984, HBL will place Half Yearly Accounts on its website.
Half Yearly Accounts for the period ended June 30, 2008 can be viewed here.
In addition, HBL shall provide free printed copies of Half Yearly Accounts to shareholders upon their written request, within one week.
HBL announces Third Quarter results
We are pleased to inform our shareholders that as per permission granted by Stock Exchanges and Securities and Exchange Commission of Pakistan under Section 245 of the Companies Ordinance, 1984, HBL has placed Third Quarter Accounts on its website.
Third Quarter Accounts for the period ended July 1 to September 30, 2008 can be viewed here.
In addition, HBL shall provide free printed copies of Third Quarter Accounts to shareholders upon their a written request, within one week of receiving.
2008 HBL Milestones - 'Buzziest Brands' Awards
2008 - 'Best bank In Pakistan' Award
2008 HBL - 'Most innovative Global Trade Finance' award
HBL announces Results for 2008
The HBL Board met on February 20, 2009 at Karachi and announced its results for the year 2008, which show a strong growth in all areas. Deposit growth for the year has been 12.5% and the net asset growth of the bank has been 19% over 2007. HBL’s consolidated Pre-tax profit for 2008 is Rs. 22.03 billion and the profit after tax is Rs. 15.61 billion, which translates into an earning per share of Rs. 20.47. As per the circular of the SBP (BSD 4 of 2009), wherein the regulators have encouraged banks to record full impairment, the bank has complied and in this regard 100% of impairment loss to the investments held by the bank have been routed through the profit and loss account.
The Chairman of HBL, Mr. Sultan Ali Allana presided over the Board meeting and said that the bank’s performance, despite the difficult conditions both globally and in Pakistan, is very encouraging. The bank will continue to focus and invest in technology, branch upgrades and human resources in order to deliver a higher standard of services to its customers.
The Bank announced a final cash dividend of Rs. 5.50 per share (55%) and bonus shares of 20%.
HBL among Top 500 Global Financial Brands
HBL has been rated as the top banking brand in Pakistan by The Banker.
The Banker is the world's premier banking and finance magazine. Read in 150 countries around the world, The Banker is the key source of data and analysis for the industry. The Banker teamed up with Brand Finance, the leading UK-based independent brand valuation firm, to release its top 500 banking brands for the year 2009.
HBL applies to SBP for permission to commence due diligence of RBS Pakistan
HBL has made the following announcement to the Stock Exchanges.
The Royal Bank of Scotland Group, PLC ("RBS") is divesting its interest from its operations in the Asian region, which region includes all the assets and the undertaking of the Royal Bank of Scotland Limited (formerly ABN AMRO Bank (Pakistan) Limited), ("RBS Pakistan").
Habib Bank Limited ("HBL") has expressed an interest to acquire the shareholding of RBS in RBS Pakistan and shall be applying to the State Bank of Pakistan for obtaining approval to commence the due diligence of RBS Pakistan.
HBL hereby notifies the Karachi Stock Exchange (Guarantee) Limited ("Stock Exchange") that upon being granted the requisite permission by the State Bank of Pakistan, HBL shall commence the said due diligence in order to evaluate HBL's offer for the acquisition of the shareholding of RBS in RBS Pakistan.
HBL - 'The Best Emerging Market Bank in Pakistan'
HBL has been selected as ‘The Best Emerging Market Bank in Pakistan’ by Global Finance Magazine.
Global Finance magazine has named the “Best Emerging Market Banks in Asia” in an exclusive survey to be published in the May 2009 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the region and in 20 countries. Global Finance reports on the international finance sector, covering topics such as corporate finance, joint ventures and M&A, country profiles, capital markets, investor relations, currencies, banking, risk management, custody, direct investment, and money management. The magazine also holds several awards ceremonies throughout the year to recognize the winning financial institutions and companies.
HBL applauds its cricket heroes
HBL, Pakistan’s largest private bank, hosted an award ceremony at the HBL Plaza today to celebrate the performance of its stars, Younus Khan, Shahid Afridi, Umer Gul and Ahmed Shehzad in the ICC World Twenty20.
Pakistan has won a world championship title after a hiatus of 17 years and the honour could not have come at a better time for the nation. The Pakistani team played exceptionally well, imparting a sense of pride to every citizen both at home and abroad and elevating the country’s spirits.
HBL has always been a supporter of cricket, promoting great players over the last few decades. It remains committed to the development of sports in the country and this dedication has today, resulted in not only the victory of their own players but the entire team and the nation at large.
R. Zakir Mahmood, President & CEO of HBL, while addressing media and guests on the occasion, praised the hard work of the Pakistani cricket team. “Our team has brought happiness and glory to the country and I would like to take this time to appreciate their efforts and remind them that our support is always with them.” He further added, “HBL has always been committed to sports and Younus and Shahid have been with the bank for over 10 years. We begin to support our players right at the outset of their careers and we will continue to support future sportsmen as well. I am honoured to present them with these awards.”
Younus Khan, Shahid Afridi and Umer Gul received cash awards of Rs. 2 million each and Ahmed Shehzad received Rs. 1 million. Younus Khan also received a car in acknowledgement of a spectacular 313 runs against Sri Lanka in February this year.
The ceremony was well attended by HBL executives and staff. An enthusiastic crowd congratulated the players on their individual achievements and applauded their journey through the tournament in bringing the World Cup home.
SME Bank
As defined by State Bank of Pakistan - SME (Small and Medium Enterprise) means an entity, ideally not a public limited company, which does not employee more than 250 persons and 50 persons.
First Women Bank Limited
First Women Bank Ltd. was incorporated as a Scheduled Commercial Bank in Public Sector as Public Company Ltd by shares in 1989.
First International Investment Bank
one of the leading investment banks in Pakistan. It commenced operations in 1990 and is listed on the Karachi and Lahore Stock Exchanges. It has offices in Karachi, Lahore and Islamabad.
Metropolitan Bank Pakitan
one of the leading private commercial bank in Pakistan. It was incorporated in August 1992, commenced banking operations in October 1992, is listed on all three stock exchanges and operates in all major cities in Pakistan, with a primary focus on retail banking and trade finance.
SaudiPak Bank
The Saudi Pak Industrial and Agricultural Investment Company (Pvt) Ltd. (SAPICO) is a joint venture between the governments of Saudi Arabia and Pakistan, and an entity with a demonstrated commitment to the development of Pakistan. SAPICO is a private limited company and Development Finance Institution (DFI) regulated by the State Bank of Pakistan that was established in 1981.
NIB Bank
Our Mission is to provide a banking experience so unique, that it compels each of our customers to want a long term, multi-product relationship with NIB Bank.
Khushhali Bank
In August 2000, Khushhali Bank was established as part of the Government of Islamic Republic of Pakistan's Poverty Reduction Strategy and its Microfinance Sector Development Program (MSDP) that was developed with the assistance of Asian Development Bank. It is headquartered in Islamabad and operates under the central bank's supervision (State Bank of Pakistan) with commercial banks as its shareholders. Its mandate is to retail microfinance services and act as a catalyst in stabilizing the country's newly formed microfinance sector.
United Bank Limited Pakistan
We offer our services through a wide network of over 1000 domestic branches all over Pakistan and 15 overseas branches as part of global network.
Bank Al Habib Limited
Presently, the Bank has a network of ninety branches in all the major cities of Pakistan fully automated and computerized and providing wide range of banking services.
Bank of Punjab
The Bank of Punjab is working as a scheduled commercial bank with its network of 266 branches at all major business centres in the country.
Allied Bank Limited
Allied Bank is the first Muslim bank, to have been established on the territory that became Pakistan.
PICIC Commercial Bank
the branch network has increased to 105 including 5 collection booths across the country. It is now the 6th largest bank in Pakistan after 5 nationalized and privatized banks.
Faysal Bank
a full service banking institution offering consumer, corporate and investment banking facilities to its customers. The Bank’s widespread and growing network of branches in the four provinces of the country and Azad Kashmir, together with its corporate offices in major cities, provides efficient services in an effective manner.
MCB Bank Limited
Formerly Muslim Commercial Bank Limited has a solid foundation of over 50 years in Pakistan, with a network of over 900 branches.
Meezan Bank
Meezan Bank is Pakistan's first scheduled Islamic commercial bank, and operates strictly under the principles of Islamic Shariah.
Bank Alfalah
We offer services through a network of 142 branches and 59 state of the art ATM machines.
The Bank of Khyber
The Bank of Khyber was establied in 1991 under the act of NWFP assembly. This is the first bank who is doing e-Banking! in Pakistan. Now you can transfer/open accounts through website.
Soneri Bank Ltd
Incorporated on September 28, 1991 the first Branch of Soneri Bank Limited formally opened doors for operations in Lahore on April 16, 1992 followed by Karachi Branch on May 09,1992.
National Bank of Pakistan
maintains its position as Pakistan's premier bank determined to set higher standards of achievements.
ABN AMRO Pakistan
ABN AMRO was established in 1948 and was the first foreign bank to be granted a license by the Government of Pakistan.
The Bank currently has a presence in 6 cities namely, Karachi, Lahore, Islamabad, Rawalpindi, Multan and Faisalabad employs 458 employees country wide.
Askari Commercial Bank Ltd.
No matter how for away you are, Our technology covers the distance,.. ..through a satellite based, on-line real-time banking system offering telephone banking, ATMs, electronic funds transfer and other modern facilities.
Habib Bank Limited
UBL CORPORATE BANKING
The CBG department of UBL defines corporate banking in Pakistan. Amongst the local banks UBL CBG is the pioneer in providing innovative solutions to its diversified and satisfied customer base. UBL CBG is considered to be a major player in the financial market of Pakistan.
The Corporate Banking Group focuses on attracting and servicing large portfolio customers. Our forte is providing exemplary customer service using the "Single Window" concept and product superiority. The Relationship Management team manned by highly qualified individuals from the industry has steadily expanded our customer base and continues to enhance our cordial relations with our esteemed clients.
Despite the sluggish economic growth in recent years, UBL outperformed all the other local banks in the corporate banking sector primarily due to CBG's emphasis on establishing and enhancing relationships with foreign/local blue chip and middle market customers thereby capturing significant market share.
UBL's appetite for large exposures coupled with dedicated Structured Finance Unit, and an innovative team of professionals having extensive experience of Corporate Banking gives it the right platform to succeed in today's competitive and a demanding environment.The success of CBG has been established from the fact that UBL received the 'No.1 Euromoney 2000' Best Local Bank award and recognized it to have out performed all other banks. In year 2000, UBL was also voted as the best Corporate Bank by the customers of a major foreign bank in a survey. Aggressive marketing combined with professionalism has led to an increase in UBL's market share with top corporate customers and in some cases replacing Foreign Banks. Presently, its portfolio includes the quality names in the country, which were initially confined to foreign banks only.
