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Habib Bank Ltd

Sector: Commercial • Location: Pakistan

Source: International Finance Corporation (IFC)

Project
Completed

Habib Bank Ltd (HBL or the Bank) was incorporated in Pakistan in 1947. Privatized in 2004, HBL is the largest and most important private sector bank in Pakistan with a market share of approximately 20% in terms of loans and deposits, approximately $9.5 billion in assets and $526 million in shareholders equity as of December 31, 2005. Having a diversified line of businesses, HBL has a strong backg

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The project “Habib Bank Ltd” is an infrastructure initiative in the Commercial sector, located in Pakistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

Habib Bank Ltd (HBL or the Bank) was incorporated in Pakistan in 1947. Privatized in 2004, HBL is the largest and most important private sector bank in Pakistan with a market share of approximately 20% in terms of loans and deposits, approximately $9.5 billion in assets and $526 million in shareholders equity as of December 31, 2005. Having a diversified line of businesses, HBL has a strong background in corporate and SME lending and has also recently focused on increasing its lending to consumers. The project consists of an eight-year million Tier 2 subordinated loan of up to $50 million to HBL and an equity investment of up to 5% of the Bank’s capital. The investment will enable HBL to diversify its funding sources, strengthen its capital adequacy and to expand its lending activities.

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Source reliability

High

Data quality score

100%

Source

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URL

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