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HabibMetro

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For other places with similar names, see Habib Bank (disambiguation).
waqas Metropolitan Bank
HabibMetro Bank
Company typeSubsidiary
IndustryBanking & Islamic Banking
FoundedKarachi (1992 (1992))
HeadquartersSpencer's Building
I.I Chundrigar Road
Karachi, Pakistan
Key people
Sirajuddin Aziz
President & CEO
ProductsLoans, Savings, Consumer Banking
RevenueIncrease Rs.  21.376 billion (2009)
ParentHabib Bank AG Zurich
Websitewww.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.
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