HBL clarifies news item
• We are aware of the news item published by Bloomberg.• The allegations in the complaints are meritless, and HBL is contesting them fully and vigorously.• The public record is clear that HBL is unwavering in its commitment to combating the financing of terrorism, and—as has been well documented—its extensive global implementation of anti-money laundering…
Adil Aziz
InfraZamin and HBL facilitates Multinet for greater digital reach and transmission across Pakistan
HBL will provide Multinet with 7-year long-term funding of PKR 2.1 billion (US$10.1 million) for its ‘Digital Infrastructure Facility’ backed by a PKR 1.57 billion (US$7.6 million) credit risk guarantee by InfraZamin Pakistan to bolster fibre optic network for greater digital reach and transmission across Pakistan. InfraZamin Pakistan’s partial credit risk guarantee cover of PKR…
HBL Q1 2022 Profit rises to Rs. 14.6 billion driven by strong business volumes
HBL today declared a consolidated profit before tax of Rs. 14.6 billion for the first quarter of 2022 and a profit after tax of Rs. 8.6 billion, both higher than in the same period last year. The Q1’22 results include a one-time severance charge of Rs. 2.6 billion. Excluding the impact of this one-time charge,…
The IPG Group Pakistan launched Roshan Digital Account drive in GCC to promote new investment opportunities in Pakistan
The IPG Group Pakistan, a leading sports marketing and international events company and a renowned name in remittance initiative events is facilitating the launch of Roshan Digital Account (RDA) drive for overseas Pakistanis to promote new investment opportunities in Pakistan in collaboration with renowned banks on an international platform. Recently, in partnership with Bank AL…
HBL & MCB BANK introduce RDA drive ‘ROSHAN RAHO’ in association with the Pakistani Consulate Riyadh, KSA
HBL & MCB BANK participate in the Pakistan day event held by the Pakistan Consulate for Riyadh, KSA on 23rd March, 2022 VIP attendance was made by His Excellency, Ameer Khurram Rathore the Ambassador to Riyadh Virtual guest Speakers included Muhammad Aurangzeb, President & CEO – HBL and Shoaib Mumtaz, President & CEO MCB Bank…
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