Habib Bank Limited (Urdu: حبیب بینک) abbreviated as HBL, is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. Established in 1941 by the Habib Family, HBL is Pakistan's oldest, largest and the first commercial bank. In 1951 it opened its first international branch in Colombo, Sri Lanka. In 1972 the bank moved its headquarters to the Habib Bank Plaza, which became the tallest building in South Asia at the time. The Government nationalised the bank in 1974 and privatised it in 2004, at that time the Aga Khan Fund for Economic Development acquired a controlling share and the management control. More information...
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