Dawood Habib Group:
Mr. Habib Esmail, founder of the Habib Group, started his career in Bombay at a very young age. In 1891, he started the firm Habib & Sons that traded in cotton, oil seeds, bullion and to act as a merchant bank. DAWOOD HABIB GROUP, the sponsor of Bank AL Habib Limited, has a long track record in Banking which dates back to the 1920's. The group was among the founder members of Habib Bank Limited which played a major role in meeting the financial and banking needs of Pakistan which was nationalized along with other Banks in Pakistan on January 1, 1974. Under the subsequent privatization policy of Government of Pakistan, DAWOOD HABIB GROUP was granted permission to set up a commercial bank. Bank AL Habib was incorporated as a Public Limited Company in October 1991 and started banking operations in 1992. The Habib Group banking and finance services are spread over three continents through the operation of the following banks.
Bank Al Habib Limited
Bank AL Habib Limited was incorporated in October 1991 by the grandsons of Habib Esmail and started operations in January 1992. Although Bank AL Habib commenced operations in 1992, it embodies the same high standards of integrity, prudence, and trust which have characterized Habib Family's banking operations in Pakistan and abroad for about 70 years. The bank is particularly conscious of the trust reposed in it by the depositors, and its prime duty is to protect and honour this trust all times. Guided by the values taught and practiced by Habib Esmail more than a century ago, the bank has continued to grow and progress in all areas of its operations. In a short span of 25 years, the Bank's assets have grown to more than Rs, 750 Billion.
Bank Al Habib has a network of 628 branches and sub-branches.
Bank Al Habib also has wholesale branches in the Kingdom of Bahrain, Seychelles and Malaysia.
Bank Al Habib has representative offices in Dubai, Istanbul and Beijing, China.