| Title: | Habib Bank Ltd. |
| Price: | $550.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | Company Profile |
| Brief Excerpt: | ...Habib Bank Ltd (HBL) is the second-largest commercial bank in Pakistan, with total assets of PKR### billion (USD##.# billion). It has market shares of ##.##% in terms of assets and ##.##% in terms of deposits as at the end of September ####. The bank operates the largest country-wide branch network in Pakistan with #,### branches as at the end of December ####. The bank also has a modest international representation with ## branches. HBL was founded in #### in Bombay, India, and relocated to Pakistan in ####. Remittances that contributed to the initial growth of trade and industry in Pakistan were routed through HBL. All banks in Pakistan, including HBL, were nationalised by the government in ####, as part of the nationalisation of large private sector entitie s. HBL had a domestic market share of more than ##% at the time. The bank was privatised in December #### when the government relinquished management cont rol and sold a ##% stake to the Aga Khan Fund for Economic... |
| Word Count: | 2336 |
| Length: | 7 Pages |
| Issuer: | Habib Bank Ltd. |
| Format: | 
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