A Review On Bank Al Habib Bank (Pak Bank)

A Review On Bank Al Habib

Bank Al Habib Limited is a Pakistani commercial bank owned by the Dawood Habib family. It is based in Karachi, Pakistan. It has a network of 800 Branches all across Pakistan. One more interesting good news that the Bank Al Habib is planning to add 200 more branches by the end of 2020. This bank is founded in 1991 in Karachi. The Owner of this Bank is Dawood Habib family. The Chairperson Abbas Habib.

Personal Banking:

Current Accounts,Saving Accounts,Term Deposit,Foreign Currency Accounts,Home,Remittance,Debit Cards,Credit Cards,Individual Financing,Ways To Bank,SMS Alerts,E-Statements Facility Service

Banking Platforms:

Internet Banking,Call Center Banking,Mobile Banking,Branch Banking,ATM Baking

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If you don't have a bank account or are thinking about switching banks, there are many types of banks available. Well-known state-owned or private banks may be the first choice. However, many people don't know the number of options available.
Someone may find it difficult to choose a bank, but for sure you have to be careful to see the hidden fees that may be charged by the bank. Choosing the lowest fee bank is a smart move. You don't have to pay monthly fees to deposit money in the bank, withdraw funds from an ATM, or talk to a banker.

Saving activity is one of the activities that is not easy for everyone to do. In fact, this good activity needs to be practiced from an early age for a better future. Unfortunately, many people often ignore this fact.
It is never too late for those of you who want to start this good move. Start learning to commit to setting aside money for savings. If you experience difficulties, you should choose a bank as the second party that will help with the process.
If you have determined the right second party, then there are various benefits of saving in the bank for the future. The first benefit of saving you can feel is to form a person to be more independent, disciplined, and independent from others. Start by setting a nominal amount and period of saving. A schedule like this can make you disciplined and orderly in carrying out these commitments.

Bank Alfalah

INTRODUCTION:

Bank Alfalah Limited is a Pakistani retail bank which is a subsidiary of Emirati company Abu Dhabi Group. It is one of the largest private Banks in Pakistan with a network of over 700 branches in more than 200 cities across Pakistan with an international presence in Bangladesh, Afghanistan, Bahrain and UAE.

Bank Alfalah was incorporated on June 21, 1997 as a public limited company under the Companies Ordinance 1984. Its banking operations commenced from November 1, 1997. The bank is engaged in commercial banking and related services as defined in the Banking companies ordinance, 1962

HISTORY:

Bank Alfalah Limited was launched on June 21, 1992 as a public limited company under the Companies Ordinance 1984. The bank commenced its operations on November 1, 1997. The bank introduced commercial banking and related services as defined in the Banking companies ordinance, 1962. The Bank is owned and operated by the Abu Dhabi Group(UAE) and United Venture Holding(Pakistan).
The Bank provides financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, securities brokerage, commercial, SME, agri-finance, Islamic and asset financing.
The roots of the bank go back to the Bank of Credit and Commerce International (BCCI), which was taken over by State Bank of Pakistan and nationalized to safeguard the consumer interests, under a new identity of HCEB or 'Habib Credit and Exchange Bank'. In 1997, the bank was privatized and taken over by 'Abu Dhabi Group' and United Venture Holding of UAE and Pakistan respectively, with a new identity of 'Bank Alfalah Limited'. The management of the bank had implemented strategies and policies so the bank would become a major player in the market. With a partnership with the Abu Dhabi Group the position of the bank became stronger which allowed the bank to invest more in technology to increase its range of products and services.