Bank AL Habib
Dawood Habib Group, the sponsor of Bank AL Habib Limited has a history in the banking sector dating back to the 1920's. The group played a major role in meeting the financial needs of Pakistan making it the first institution to provide banking services to the new country.
Dawood Habib Group
Dawood Habib Group, the sponsor of Bank AL Habib Limited has a long track record in banking that dates back to the 1920s. The Group was among the founder members of Habib Bank Limited and played a major role in meeting the financial and banking needs of Pakistan. It was nationalized along with other Banks in Pakistan on January 1, 1974. Under the subsequent privatization policy of Government of Pakistan, Dawood Habib Group was granted permission to set up a commercial bank.
Bank AL Habib was incorporated as a Public Limited Company in October 1991 and started banking operations in 1992. The Late Hamid D. Habib, grandson of the founder of Habib Group, was the first Chairman of Bank AL Habib Limited. He was the Director in Habib Bank Limited from 1954 and its Chairman from 1971 until its nationalization.
After the death of Mr. Hamid D. Habib in May 2000, Mr. Ali Raza D. Habib, who was Director on the Board, he was appointed the Chairman of the Bank, a position he continued to hold till October 2016. The Late Rashid D. Habib, who was the Managing Director of Habib Bank Limited from 1953 till it's nationalization, was appointed as the Managing Director & Chief Executive of Bank AL Habib Limited until he passed away in 1994.
After his demise, Mr. Abbas D. Habib, the Joint Managing Director and a close associate of Bank AL Habib since its inception in 1991, was appointed as the Managing Director and the Chief Executive of the Bank. He currently holds the prestigious position of Chairman of the Board of Directors while Mr. Mansoor A. Khan has been appointed as Chief Executive effective November 1, 2016
In a short span of 28 years, the Bank's assets have grown to more than PKR 1 trillion, with a network of more then 1150 branches and sub-branches, a Wholesale Branch in the Kingdom of Bahrain, Malaysia and Representative Offices in Dubai, Istanbul, Beijing and Kenya.
History of Bank AL Habib
Inception
Habib & Sons is established as a Merchant Bank in undivided India by Habib Esmail. Trading in cotton, oil seeds and bullion, Habib & sons grows into the flagship that eventually evolved into Habib Bank Limited.
Mission Statement
To make banking safe, simple, and pleasant
Vision Statement
To be our customers most convenient and trusted bank
Shariah Board
The Shariah Board of the Bank comprises of the following
Our International Footprints
Overseas
Branches
Overseas Marketing
Office
Overseas Representative
Office
Corporate Social Responsibility
The Bank is fully committed to the concept of Corporate Social Responsibility and fulfills this responsibility by engaging in a wide range of activities which include:
- Corporate philanthropy amounting to Rs. 159.8 million by way of donations during the year for health, social and educational development and welfare of underprivileged people;
- Energy conservation, environmental protection, and occupational safety and health by restricting unnecessary lighting, implementing tobacco control law and No Smoking Zone , and providing a safe and healthy work environment;
AL Habib Green Banking Policy Statement
The policy has been prepared in light of the Green Banking Guidelines issued by SBP vide IH&SMEFD Circular # 08 dated October 09, 2017
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