A Review On Habib Bank Ltd Pakistani Bnak

HBL, Pakistan’s largest bank, was the first commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and maintained its position as the largest private sector bank in Pakistan with over 1,700 branches and 2,000+ ATMs globally, serving 27 million customers across three continents. HBL is shaping the future through a paradigm shift as a ‘Technology Company with a Banking License’. The Bank’s multiple digital channels are helping it get closer to its customers through innovative and friction less ways.

The Government of Pakistan (GoP) privatized HBL in 2004 through which Aga Khan Fund for Economic Development (AKFED) acquired 51% of the Bank's shareholding and the management control. The remaining 41.5% shareholding by the GoP was divested in April 2015. AKFED continues to retain 51% shareholding in HBL while the remaining shareholding is held by individuals, local and foreign institutions and funds including CDC Group Plc which holds 5% and International Finance Corporation which holds 3%.


As the leading financial intuition of Pakistan, HBL is at the forefront of all development initiatives which includes growth of priority sectors and targeting the unbaked population in the country. As the leading financial institution of Pakistan, HBL remains committed to its objective of financial inclusion for all segments of society. The Bank is already playing a leading role in enhancing financial inclusion through initiatives such as the Ehsaas Kafalat Program and facilitating access of women to the financial sector.

Banks function as institutions that collect public funds by issuing valuable documents. In this way, public funds will be safer and stored properly. The bank will re-manage the funds that have been collected and use them for financing, both in the economic and development sectors within a certain period of time. Thus, the funds raised will not stay put but managed and have the potential to develop.
Banks also have function to provide business capital assistance to communities or companies to develop their business. This capital assistance is usually provided in the form of credit. There are also pawnshops, which are non-bank financial institutions. Pegadaian was founded with the aim of being able to provide loans to customers but with collateral in the form of goods or securities.

HBL, Pakistan’s largest bank, was the first commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and maintained its position as the largest private sector bank in Pakistan with over 1,700 branches and 2,000+ ATMs globally, serving 27 million customers across three continents. HBL is shaping the future through a paradigm shift as a ‘Technology Company with a Banking License’. The Bank’s multiple digital channels are helping it get closer to its customers through innovative and frictionless ways.

The Government of Pakistan (GoP) privatized HBL in 2004 through which Aga Khan Fund for Economic Development (AKFED) acquired 51% of the Bank's shareholding and the management control. The remaining 41.5% shareholding by the GoP was divested in April 2015. AKFED continues to retain 51% shareholding in HBL while the remaining shareholding is held by individuals, local and foreign institutions and funds including CDC Group Plc which holds 5% and International Finance Corporation which holds 3%.


As the leading financial intuition of Pakistan, HBL is at the forefront of all development initiatives which includes growth of priority sectors and targeting the unbanked population in the country. As the leading financial institution of Pakistan, HBL remains committed to its objective of financial inclusion for all segments of society. The Bank is already playing a leading role in enhancing financial inclusion through initiatives such as the Ehsaas Kafalat Program and facilitating access of women to the financial sector.

HBL Bank mean Habbib Bank Limted ya bhtreen bank hy js ki basamaal shakhain mukhtlaf citys ma hain our ya apny custmer ko laon wager dati hy our bi boht sari sahoolty dati hy js sy custmer bi boht khus hain is ma account safe hota hy zaida muskal ni hoti lan dan ma .

A Review on Habib Metro Bank

Introduction:-

HabibMetro Bank commenced its commercial-banking operations as Metropolitan Bank in October 1992; under this name, it remained a highly rated bank till October 2006, when the Bank merged with Habib Bank AG Zurich’s Pakistan operations. The merged entity was named Habib Metropolitan Bank Limited.
HabibMetro Bank currently operates with an expanding nationwide network of over 398 branches in*more than 134 cities across Pakistan..
The Pakistan Credit Rating Agency (PACRA) has assigned long-term and short-term ratings of “AA+” (Double A plus) and “A1+” (A one plus), respectively, to the Bank for 17 consecutive years. These ratings, being the highest amongst the local sector Private Banks, denote a very low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments.

Services and Products :-

1 : WebBanking
2 : Mobile Banking
3: Visa Debit Card
4: Paypak debit Card
5: Sms banking
6 :SMS Alert
7: E-Statement
8: PoS Withrawal
9: Online Payment And Reporting

A Review On Habib Bank Limited

Habib Bank Limited is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. It is a subsidiary of Swiss for-profit organization Aga Khan Fund for Economic Development. The bank is one of the largest bank by assets in Pakistan

Founded in 1941, HBL became Pakistan's first commercial bank. In 1951 it opened its first international branch in Colombo, Sri Lanka. In 1972 the bank moved its headquarters to the Habib Bank Plaza, which became the tallest building in South Asia at the time. The Government nationalized the bank in 1974 and privatized it in 2003; at that time the Aga Khan Fund for Economic Development acquired a controlling share.

As of 2018, HBL has more than 1700 branches with presence in over 25 countries spanning across four continents. It is the largest company in Pakistan in terms of assets, and has repeatedly ranked top Pakistani company in the Forbes Global 2000.


HISTORY:

Mohammed Ali Jinnah, Pakistan's first Governor General, realized the importance of financial inter-mediation while he was campaigning for the creation of a separate homeland for the Muslims. He persuaded the Habib family to establish a commercial bank that could serve the Muslim community. His initiative resulted in the creation of Habib Bank in 1941, with head office in Bombay (now Mumbai), and fixed capital of 25,000 rupees. The bank played an important role in mobilizing funds from the Muslim community to finance the All-India Muslim League's campaign for the establishment of Pakistan. Habib Bank also played an important role in channeling relief funds to Muslims hurt in the communal riots and violence that preceded the departure of the British from British India and the subsequent partition.

After the formation of Pakistan in 1947, Habib Bank moved its headquarters to Karachi, Pakistan's first capital, at the urging of Governor-General Jinnah. This gave Karachi its first commercial bank of the newly formed Pakistan. The Habib family would own and manage the bank until the Pakistan government nationalized it on 1 January 1974.

Banks can be used for various transaction purposes, both in the national and international realms, such as receiving money, sending money, making payments, applying for credit cards, means of channeling employee salaries and many more.

Not only serving local currencies, banks also accept transaction activities in foreign currencies. Sometimes, there must be customers who experience difficulties in transacting whether it is due to geographical differences, distance, culture, and other things. Well, one of the functions of this bank is to make it easier for the public to settle various forms of transactions more easily and quickly.

Not only used to save money, banks can also be used to store valuables. If customers are hesitant to keep themselves at home, then they can entrust these items to the bank, such as jewelry, gold, securities, and other items. Apart from that, banks can also rent out safe deposit boxes that you can use to store various valuables.

FIRST WOMEN BANK LTD

Introduction :-
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First Women Bank Ltd. is a unique financial institution and commercial bank of its kind in the world. It is the only Bank in Pakistan that has a mandate to cater to financial and business needs of women and provide them with easy access to credit for enterprise development. The FWBL Vision and Mission statements reaffirm this commitment.
Initially the FWBL model was only catered to women at all levels of economic activity – micro, small, medium and corporate. Over the years with promotion or specialization of Micro Finance banks which are set up to cater to financial needs of low income communities, FWBL has shifted its focus to range of financial services (SME) other than MF. Now the Credit worthy business concerns, irrespective of gender, can avail loan on competitive basis.

Features :-

FWBLBUSINESS LOANS FOR WOMEN

FWBL extends loans to businesswomen for establishment of new business/development of existing business, and for working capital.

REFINANCE AND CREDIT GUARANTEE SCHEME FOR WOMEN ENTREPRENURS (WERS)

Women across the country can avail loan for business expansion or setting up of new business @ 5% per annum.

FWBL SMART ACCOUNT

FWBL constantly strives to keep pace with changing market dynamics and customer needs. Keeping in view the appetite for current account products in the market, FWBL launched “FWBL Smart Account” which not only fulfills personal needs, but also helps meet business requirements for both men and women.

FWBL SALARY LOAN

FWBL Salary Loan facility enables customers to bridge their financial shortcomings for the purpose of going on vacations, arranging children’s wedding, paying for children’s education, and other general expenses.

FWBL MERA CASH

FWBL Mera Cash, cash backed loan facility helps customers to meet personal financial needs at their convenience with competitive market rates and quick processing.

FWBL ZINDAGI ASAAN ACCOUNT

In light of the SBP guidelines for financial inclusion, FWBL launched Zindagi Asaan Account to serve unbanked/under-banked masses. The Bank objective is not only to increase the number of accounts but to let it operative. To facilitate the customers bank waived the ATM issuance charges and also waived the annual fee up to 50%.

FWBL NIKHAR

This product is specially designed to encourage and empower the professionals including women, men and transgender associated with the beauty industry.

Saving is part of financial planning to face financial needs in the future. Along with the times, saving money can not only be done alone at home. Now, there are banks that can become financial institutions for savings. Various products, features and services of the bank are also being improved for the convenience of its customers.

There are a number of benefits that you can get by saving at a bank. Although interest rates are not the main consideration, they still have an impact on the funds deposited. Apart from saving money, banks also provide various features that make it easier for their customers. You can perform various financial transactions, such as ATM features, SMS banking to internet banking. This facility can also be accessed 24 hours. banks also have detailed financial systems and reports. Customers are also given a savings book to find out the amount of money coming in and out.