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Bank Al Habib History:

The Bank AL Habib Limited, run by the Dawood Habib family group of companies, is one of the growing banks in Pakistan. It was selected as one of the top 200 Best Under A Billion companies by Forbes Asia in their annual review of 2005. The bank's head office is located in the city of Multan in Punjab, but its principal office is located in Karachi. Presently, the bank has a network of 305 branches, 278 full branches and 25 sub branches in all the major cities of Pakistan. Habib Group were pioneers in introducing banking to Pakistan. Their involvement in banking services dates back to 1930s. They successfully launched HBL Pakistan, which was nationalized in 1971 and is still one of the largest banks in Pakistan; since 2002 it has been jointly owned by the government and with the Aga Khan Fund for Economic Development. After the privatization scheme announced in 1991 by the Pakistani Government, Habib Group were the first to be granted permission to start a private bank, the Bank AL Habib Limited.

Credit Department Bank Al Habib:

The credit department in the Bank Al Habib takes the form of a hierarchal structure. The credit department of Bank Al Habib Main Branch Blue area Islamabad consists of 5 employees assigned to different Designations. The designations of the credit department are arranged I the following manner:

Investment, Financial and Treasury Controller

Asset Banking Head

Corporate and Investment Banking Head

Senior Credit Officer (Unit Head)

Senior Credit Officer (Team Leader)

Junior Credit Officer

The People Designated to these Posts are: Corporate and Investment Banking Head: Farhan Durrani Senior Credit Officer (Team Leader): Khurram Durrani Senior Credit Officer (Unit Head): Majid Butt

Junior Credit Officer: Asif Khan

Credit Rating
The Bank has been rated as "AA" for long-term rating and "A1+" for short-term rating by the Pakistan Credit Rating Agency (Private) Limited (PACRA).

Consumer Banking
Bank AL Habib Limited offer Consumer Loan facilities to its eligible customers. These facilities are tailored to suit customer requirements with competitive rates and an easy means of payment. We have the solution whether it may be for personal needs, a brand new car or a house (building/renovating a house). Following are the consumer banking products of Bank Al Habib. Personal Loan. Auto Loan. Home Loan.

Bank Al Habib Limited observes a prudent and conservative credit policy thereby keeping the NPL ratio at 1.91% (2009), against country average of about 12%.