Tag Archives: Hbl

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 sent to Pakistan Stock Exchange on Friday. HBL

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 a ceremony held at the PAF KIET main

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 around the world as part of an exclusive