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The Bank AL Habib Limited,
run by the Dawood Habib family group of companies, is one of the growing
banks in Pakistan. It was selected as one of the top 200 Best Under A
Billion companies by Forbes Asia in their annual review of 2005. The bank's
head office is located in the city of Multan in Punjab, but its principal
office is located in Karachi. Presently, the bank has a network of 305
branches, 278 full branches and 25 sub branches in all the major cities of
Pakistan.
After the privatization
scheme announced in 1991 by the Pakistani Government, Habib Group were the
first to be granted permission to start a private bank, the Bank AL Habib
Limited. Bank AL Habib is one of the eleven partners of 1-Link system, an
inter-bank ATM sharing system which allows customers to transact on ATM of
any partner bank. Bank AL Habib is the third largest ATM service provider in
Pakistan, having 188 ATMs while having the largest number of ATMs in the
city Karachi.
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Bank maintains correspondent
relations with the following international banks: American Express Bank,
USA; Banco Di Roma, Italy; Commerzbank and Dresdner Bank, Germany; The Royal
Bank of Canada, Canada; Hong Kong and Shanghai Banking Corporation Ltd.,
Hong Kong. The bank follows the internet banking code NetBanking and
security is entrusted by VeriSign. |
