Tag: Hbl
HBL pulls out of Pakistan domestic cricket
Habib Bank Limited (HBL) has reportedly decided to pull out of Pakistan’s domestic cricket after being an integral part of the circuit for over...
Umar Gul-led HBL clinch Quaid-e-Azam One Day Cup
LAHORE: Under the leadership of Umar Gul, Habib Bank Limited (HBL) defeated Water and Power Development Authority (WAPDA) by 62 runs to win the Quaid-e-Azam...
Pakistani Jew claims was ‘verbally, physically attacked’ by ‘Islamist’ in Karachi
Pakistani Jew, Fishel Benkhald, has claimed that he was "verbally and physically attacked" by a "Pakistani Islamist" outside a private bank because of his public...
SC fixes Rs8000 as pension amount for retired bank employees
ISLAMABAD: The Supreme Court of Pakistan on Tuesday fixed an amount of Rs8000 as pension for retired bank employees and also directed the banks for...
OPPO sponsors HBL Pakistan Super League 2018 as official partner
LAHORE: OPPO, the selfie expert and leader, is the proud new official Smartphone Partner of HBL Pakistan Super League (PSL) 2018. After partnering as a...
NAB steps up anti-graft drive, targets Punjab govt, HBL, PIA
--NAB executive board authorises investigation into money laundering charges against HBL's New York branch and head office in Pakistan
--Decides to approach Interpol for Ishaq...
HBL says misidentification of individuals led to fine by US regulators
Islamabad: In a bizarre saga regarding the imposition of $225m penalty on Habib Bank by a US regulator, a senior official from the bank claimed...
HBL to end New York operations as US regulators seek to...
The case stems from 2015, when US authorities moved against the bank after finding deficiencies in the risk management and Bank Secrecy Act/Anti-Money Laundering compliance programme at HBL’s New York branch.
First Pakistani bank branch in China to be inaugurated on August...
The first bank branch of Pakistan’s private commercial bank, Habib Bank Limited (HBL), is likely to be inaugurated in Beijing on August 11, after...
HBL operations in China to help facilitate trade with CAS
Minister for Commerce Khurram Dastgir Khan said on Monday that China has allowed Habib Bank Limited to commence operations in Urumqi, which will also...
Stocks post best weekly gain in nearly 3 years
Pakistan stocks hit a fresh record closing high on Friday, led by energy and bank shares, with the main index posting its best weekly...
HBL’s net earnings decline 9%
Habib Bank Limited’s net earnings declined by almost a tenth to Rs 9 billion in the January-March quarter of 2016, according to a notice...
HBL must boost anti-money-laundering actions: NY regulator
Habib Bank Limited, one of the major Pakistani banks, and its New York branch must boost measures to prevent money laundering after regulators found...
Karachi banks charge 0.6pc WHT despite SBP’s cut
Contrary to State Bank of Pakistan (SBP)’s instructions, most of the banks in Karachi are still deducting 0.6 percent Withholding Tax (WHT) on banking transactions above Rs 50,000 cheque or cash, Pakistan Today has learnt.
HBL, PAF KIET sign MoU for banking services
Habib Bank Limited (HBL), Pakistan’s largest bank has recently signed a Memorandum of Understanding with PAF Karachi Institute of Economics & Technology (PAF KIET) during...
Govt tasks tainted official with vital privatisation deals
The level of transparency in the government's privatisation of the state-owned enterprises could be gauged by the fact that the Privatisation Commission (PC) has tasked its senior financial consultant, Asad Rasool, as transaction manager in the privatisation of Habib Bank Limited (HBL) and Pakistan International Airlines (PIA) despite him being under investigation simultaneously by National Accountability Bureau (NAB) and Federal Investigation Authority (FIA) in an embezzlement case involving Rs 500 million.
HBL declared ‘Safest Bank’ in Pakistan
HBL, Pakistan’s largest commercial bank has been declared the ‘Safest Bank in Pakistan’ by Global Finance. The survey was conducted among top 100 countries...
