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August 28, 2015 5:38 AM ET

Banks

Company Overview of Habib Bank Limited

Company Overview

Habib Bank Limited, together with its subsidiaries, provides commercial banking, and asset management related services in Pakistan. The company’s retail banking products and services include deposits accounts, such as term, current, savings, and foreign currency accounts; bancassurance products; car, home, and personal loans; and ATM, Internet banking, debit card, credit card, and mobile banking services. Its corporate banking services include working capital finance, pre and post shipment export financing, import financing, LMM funding, receivable discounting, Islamic banking facilities, and cash management services, as well as trade services, which include letter of credit, letter of guara...

Habib Bank Plaza

I.I.Chundrigar Road

Karachi,  75650

Pakistan

Founded in 1947

14,103 Employees

Phone:

92 21 3241 8000

Fax:

92 21 3921 7511

Key Executives for Habib Bank Limited

Habib Bank Limited does not have any Key Executives recorded.

Habib Bank Limited Key Developments

Habib Bank Limited Declares Interim Cash Dividend for the Second Quarter Ended June 30, 2015; Announces Unaudited Consolidated and Unconsolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Habib Bank Limited announced that at the board meeting held on August 21, 2015, the board has approved an interim cash dividend for the second quarter ended June 30, 2015 at PKR 3.50 per share (35%) for the second quarter ended June 30, 2015, payable to whose names appear in the register of members on Sept. 9, 2015. This is in addition to interim dividend already paid at PKR 3.50 per share. The company announced unaudited consolidated and unconsolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter on consolidated, the company reported net interest earned were PKR 20,095,507,000 against PKR 17,476,513,000 for the same period last year. Profit before tax was PKR 15,881,268,000 against PKR 12,717,450,000 for the same period last year. Profit attributable to equity holders of the company was PKR 6,757,729,000 or PKR 4.61 per basic and diluted share against PKR 8,462,306,000 or PKR 5.75 per basic and diluted share for the same period last year. For the six months, the company reported net interest earned were PKR 39,293,742,000 against PKR 31,964,140,000 for the same period last year. Profit before tax was PKR 31,184,382,000 against PKR 22,145,625,000 for the same period last year. Profit attributable to equity holders of the company was PKR 16,630,856,000 or PKR 11.34 per basic and diluted share against PKR 14,486,517,000 or PKR 9.88 per basic and diluted share for the same period last year. On unconsolidated basis for the quarter, the company reported net interest earned were PKR 19,498,714,000 against PKR 17,067,136,000 for the same period last year. Profit before tax was PKR 14,890,428,000 against PKR 12,273,419,000 for the same period last year. Profit after tax was PKR 7,473,616,000 or PKR 5.09 per basic and diluted share against PKR 8,064,227,000 or PKR 5.50 per basic and diluted share for the same period last year. For the six months on unconsolidated basis for the quarter, the company reported net interest earned were PKR 38,306,822,000 against PKR 31,185,366,000 for the same period last year. Profit before tax was PKR 29,467,633,000 against PKR 20,817,347,000 for the same period last year. Profit after tax was PKR 16,913,515,000 or PKR 11.53 per basic and diluted share against PKR 13,542,185,000 or PKR 9.23 per basic and diluted share for the same period last year.

Habib Bank Limited to Report First Half, 2015 Results on Aug 21, 2015

Habib Bank Limited announced that they will report first half, 2015 results on Aug 21, 2015

Habib Bank Limited, Board Meeting, Aug 21, 2015

Habib Bank Limited, Board Meeting, Aug 21, 2015., at 09:30 Pakistan Standard Time. Agenda: To unaudited consolidated and unconsolidated earnings results for the second quarter and six months ended June 30, 2015; to consider interim cash dividend, bonus shares, right shares, any other entitlement or corporate action; and to consider any other price sensitive information.

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