HabibMetro
 | |
| Company type | Subsidiary |
|---|---|
| PSX: HMB | |
| Industry | Conventional Banking Islamic Banking |
| Founded | October 1992 |
| Headquarters | Karachi, Pakistan |
Key people |
|
| Products | Loans Debit Cards Credit Cards Savings Consumer Banking Business Banking Islamic Banking |
| Revenue |  Rs. 88.619 billion (US$310 million)[1] (2023) |
| Rs. 53.124 billion (US$180 million)[1] (2023) | |
| Rs. 25.235 billion (US$87 million)[1] (2023) | |
| Total assets | Rs. 1.573 trillion (US$5.4 billion)[1] (2023) |
| Owner | Mohammed Ali Habib of the House of Habib |
Number of employees | 6,400[1] (2023) |
| Parent | Habib Bank AG Zurich |
| Website | www |
Habib Metropolitan Bank, (حبیب میٹروپولیٹن بینک) commonly known as HABIBMETRO, is a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich. It is based in Karachi, Pakistan.
History[edit]
The bank was founded in October 1992 as Metropolitan Bank and subsequently started its operations.[2]
Habib Bank AG Zurich was founded by Mohammed Ali Habib of the House of Habib as the government started privatization of the banking sector in Pakistan.
In 2006, Habib Bank AG Zurich's Pakistan operations were merged into Metropolitan Bank Limited and subsequently renamed Habib Metropolitan Bank Limited.[2]
In 2015, HABIBMETRO won Asian Development Bank (ADB) award.[3]
The parent bank, Habib Bank AG Zurich has operations in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and Canada.[4]
FinCEN[edit]
HABIBMETRO was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ). It had two suspicious transactions flagged.[5]
Awards[edit]
HABIBMETRO was awarded Best Islamic Banking Brand at the GIFA in 2020.[6]
References[edit]
- ^ a b c d e "HMB Annual Report 2023" (PDF). habibmetro.com. Retrieved 26 March 2024.
- ^ a b "Habib Metropolitan Bank". September 25, 2013.
- ^ Reporter, The Newspaper's (April 24, 2015). "Pakistani bank among winners of ADB award". DAWN.COM.
- ^ "Habib Metropolitan Bank Limited: Private Company Information - Bloomberg". www.bloomberg.com. 11 July 2023.
- ^ Report, Monitoring (2020-09-21). "Six Pakistani banks named in FinCEN leak". Profit by Pakistan Today. Retrieved 2020-09-23.
- ^ Correspondent, Our Equities (2020-09-18). "DGKC bleeds Rs2.1bn". DAWN.COM. Retrieved 2020-09-25.
External links[edit]
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| See also | |||||
  | This bank and insurance-related article is a stub. You can help Wikipedia by expanding it. |
- Pakistani subsidiaries of foreign companies
- Companies listed on the Pakistan Stock Exchange
- Companies in the KSE 100 Index
- Pakistani companies established in 1992
- Banks established in 1992
- Banks of Pakistan
- Companies based in Karachi
- 2006 mergers and acquisitions
- Mergers and acquisitions of Pakistani companies
- Bank stubs