HBL established operations in Pakistan in 1947 and moved its head office to Karachi. The first international branch was established in Colombo, Sri Lanka in 1951 and Habib Bank Plaza was built in 1972 to commemorate the bank’s 25th Anniversary.
In 1974, HBL was nationalized and it continued to dominate the commercial banking sector with a major market share in inward foreign remittances (55%) and loans to small industries, traders and farmers. International operations were expanded to include the USA, Singapore, Oman, Belgium, Seychelles and Maldives and the Netherlands.
On December 29, 2003 Pakistan’s Privatization Commission announced that the Government of Pakistan had formally granted the Aga Khan Fund for Economic Development (AKFED) rights to 51% of the shareholding. On February 26, 2004, management control was handed over to AKFED.
HBL Oman is one of HBL’s global initiatives to cater to local and international customers in the Middle East. HBL’s network consists of 5 branches stretching across the Sultanate. As a comprehensive financial institution, HBL offers a range of banking services to meet your individual, retail, corporate and investment needs.
The product facilities HBL offers for individual customers include; savings account, current account, fixed deposit, FastTransfer, ATM and personal and business loans.