Bank AL Habib Limited (the Bank) is a Pakistan-based commercial banking company. As of December 31, 2011, the Bank operated a network of 290 branches, including a wholesale branch in the Kingdom of Bahrain, a branch in Karachi export processing zone and 11 Islamic banking branches. The Bank operates in two segments. The Retail banking segment consists of retail lending, deposits and banking services, such as current and savings accounts, credit cards and consumer banking products, to private individuals and small businesses. The Commercial banking segment represents provision of banking services including treasury and international trade related activities to corporate customers, multinational companies, government and semi-government departments and institutions and small and medium enterprises. As of December 31, 2011, the Bank had one subsidiary named AL Habib Capital Markets (Private) Limited and two associated companies.