LONDON: Habib Bank is making steady strides in the UK through its consumer friendly strategies that has allowed the financial organisation to have turn over of GBP 5.2 million last year.
Speaking at a weekend dinner hosted in honour of its outgoing UK CEO Nauman Dar, Zakir Mahmood, Chairman, Habib Bank UK said the bank enjoys immense brand amongst its South Asian clientele whose confidence has enabled it to achieve greater heights.
-snip- Habib Bank UK, was incorporated in the UK in 2001.It is a 90.5% owned subsidiary of Habib Bank Limited (HBL). The remaining 9.5% is owned by Allied Bank Limited. The majority ownership of HBL (51%) rests with the Aga Khan Fund for Economic Development (AKFED) which is registered in Switzerland. 49% is owned by the Government of Pakistan and the eight per cent is listed on the Karachi Stock Exchange.
Ismailimail 