Tuesday 25 August 2009

2008 HBL - 'Most innovative Global Trade Finance' award

December 06, 2008 HBL received the 'Most Innovative GTFP (Global Trade Finance Program)' award. The award was received at the International Finance Corporation Annual Trade Conference in Paris where 126 issuing and 145 confirming multinational banks that were present. Mr. Tariq Mateen - Head Financial Institutions Division, gave a presentation showcasing the success of HBL in the global trade financing business. The award was received by Mr. Mateen and Mr. Anwar Zaidi – Head Operations. This recognition has raised our profile among a large forum of international banks and paved way for IFC to increase our facility from USD 75 million to USD 100 million which has helped us in creating liquidity in our international network.

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