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State
Bank of Pakistan
» Habib Metropolitan Bank |
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Habib Metropolitan
Bank |
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Habib Metropolitan Bank was
incorporated in Pakistan as a Public Listed Company in 1992 under the name,
Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled
commercial-banking operations in October 1992. Metropolitan Bank, from
October 1992 to September 2006, remained a highly rated bank and, vide it’s
nationwide 51-branch on-line network, established as a distinguished
provider of trade finance services. On October 26, 2006 Habib Bank A G
Zurich`s Pakistan Operations merged into Metropolitan Bank Limited and the
merged entity was named Habib Metropolitan Bank Limited (HMB).
Demonstrating a strong
commitment to Pakistan economy, HBZ is the principal shareholder of HMB. HMB
operates in all major cities of the country. The Bank ranks within Top 10 in
Pakistan with a strong vision to be the most respected Financial
Institution. HMB has its primary focus on retail banking and trade finance
and also offers highly innovative E-Banking solutions and Consumer Banking
to its customers.
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The Bank’s Islamic Banking
Division is fully capable of catering to customers seeking Shariah compliant
products. The HBZ Group is heir to a rich tradition of banking and commerce
dating back to more than 160 years. The group’s flagship and HMB’s
principal, HBZ (incorporated 1967) enjoys International ranking of 687 in
terms of capital. With Headquarters in Switzerland, the HBZ Group also
operates in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa,
United Kingdom and North America. |
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Habib Metropolitan Bank
Category : Privatized Banks
SWIFT Code : MPBLPKKA
Address :
Spencer's Building
I.I Chundrigar Road
Karachi
Telephone : +92-21 111 14 14 14
Website : www.hmb.com.pk |
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The Pakistan Credit Rating Agency (PACRA) has allotted both long-term and
short-term ratings of Habib Metropolitan Bank Limited at “AA+” (Double A
plus) and “A1+” (A one plus), respectively. These ratings, being the
highest amongst the local sector Private Banks, denote a very low
expectation of credit risk emanating from a very strong capacity for
timely payment of financial commitments.
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