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Bank Al Habib, LTD
176
2020-02-08 12:56:43
Company address
Location:
United Arab Emirates, Dubai
Service types
Finance & Law
Banking
Banking Services
Currency Exchange
Accounting, Auditing & Financial Services
Other Finance & Law Services
Asset Management
Auto Loans
Business Loans
Business Banking
Credit Cards
Business Debit & Credit Cards
Exchange Services
Home Loans
Mortgages
Personal Banking
Personal Loans
Contract Management
Airline Ticket Payment
Bill Payments
Corporate Cash Collection
Credit Card Payments
E-Exchange
Regulatory Response
Book Keeping
About company
Bank Al Habib, LTD
DAWOOD HABIB GROUP, the sponsor of Bank AL Habib Limited, has a long track record in Banking which dates back to the 1920's. The Bank was among the founder members of Habib Bank Limited which played a major role in meeting the financial and banking needs of Pakistan, and which 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 continues to hold.
