LONDON, March 9 (APP)- Chairman, Habib Bank,United Kingdom, Mr.Zakir Mahmood is optimistic about the future growth of his organisation despite adverse financial times.
In an exclusive interview with APP’s correspondent on the occasion of opening of bank’s new branch at Edgware Road, Central London, here last evening, he spoke of the difficult times for the banking sector in the UK and said the global economy has been soft and the prospects are still mixed.
“But we have been fortunate and because of our defiant strategy we have been growing. We are aiming to continue that growth and will do that through both traditional channels which is opening more branches where we see there is a need as well as supplementing that with alternate delivery channels such as internet banking, expanding our ATM network and also some point in time we will look at mobile banking.”
Asked whether the bank was facing a stiff competition in the UK from other Pakistan origin banks, he said they face challenge from every bank in the UK because this is a very well banked market.
“We have the giants of international banks present here as well as large local establishments,” the HBL President said.
However, according to Mr.Mahmood, HBL, now owned by the Aga Khan Foundation (Aga Khan Fund for Economic Development), is focussing on particular need and personalised services.
Ismailimail 