Habib Metropolitan Bank

Habib Metropolitan Bank
HabibMetro Bank
Subsidiary
Industry Banking & Islamic Banking
Founded Karachi (1992 (1992))
Headquarters Spencer's Building
I.I Chundrigar Road
Karachi, Pakistan
Key people
 Mohsin Nathani
President & CEO
Products Loans, Savings, Consumer Banking
Revenue Increase ₨ 21.376 billion (2009)
Parent Habib Bank AG Zurich
Website www.habibmetro.com

Habib Metropolitan Bank, operating as HabibMetro Bank is a Pakistani bank which is based in Karachi, Pakistan. It is a subsidiary of Swiss banking corporation, Habib Bank AG Zurich.

The bank commenced, duly licensed, full scheduled commercial banking operations in October 1992. Metropolitan Bank, from October 1992 to September 2006, remained, providing its nationwide 51-branch on line network, established as a provider of trade finance services. On October 26, 2006, Habib Bank AG Zurich's Pakistan operations merged into Metropolitan Bank Limited and the merged entity was named Habib Metropolitan Bank Limited (HMB). HBZ is the principal shareholder of Habib Metropolitan Bank.[1]

The group’s flagship and HMB's principal, Habib Bank AG Zurich (incorporated 1967) claims International ranking of 687 in terms of capital. With Headquarters in Switzerland, the group also operates in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and Canada.[2]

References

  1. ↑ "Pakistan Banks' Association". www.pakistanbanks.org.
  2. ↑ "Habib Metropolitan Bank Limited: Private Company Information - Bloomberg". www.bloomberg.com.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.