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Bank AL Habib

Introduction and History

The Bank's Head Office is situated in the city of Multan in Punjab, but its main Principal Office is
located in Karachi since it is the hub of business activities in Pakistan.

DAWOOD HABIB GROUP, which is the sponsor of Bank AL Habib Limited, have a very long track
record of banking which dates back to 1920s. They were among the founder members of Habib
Bank Limited which played a major role in meeting the financial and banking needs of Pakistan, and
which was nationalized along with other Banks in Pakistan on December 31, 1973.

Under the privatization policy of Government of Pakistan, the 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.

(Late) Hamid D. Habib, grandson of the founder of Habib Group, was the Chairman of Bank AL
Habib Limited. He was the Director in Habib Bank Limited form 1954 and it's Chairman from 1971
until nationalization. After the death of Mr. Hamid D. Habib in May 2000, Mr. Ali Raza D. Habib, who
was Director on the Board, was appointed the Chairman of the Bank.

(Late) Rashid D. Habib, who was the Managing Director of Habib Bank Limited in 1953 till it's
nationalization, was appointed as the Managing Director & Chief Executive of Bank AL Habib Limited
which post he held till he expired in 1994. After his death, Mr. Abbas D. Habib who was the Joint
Managing Director and closely associated with the bank since it's inception 1991 was appointed as
the Managing Director & Chief Executive of the Bank.

Branch Network

Recently, the Bank has a network of Two Hundred And Seventy branches in all the major cities of
Pakistan and abroad fully automated and computerized and providing wide range of banking
services.

Purpose of Bank AL Habib

To be a quality financial service provider maintaining the highest standards in banking practices.

To be a strong and stable financial institution offering innovative products and services while
contributing towards the National economic and social development.

Company’s profile
Board of Directors of the Bank comprises of the following:

Name Designation Occupation

Ali Raza D. Habib Chairman Businessman

Abbas D. Habib CEO & MD Banker

Anwar Haji Karim Director Industrialist

Shameem Ahmed Director Former President, Askari Commercial

Bank Ltd .
Hasnain A. Habib Director Industrialist

Imtiaz Aalam Hanfi Director Former Governor, State Bank of

Pakistan .
Murtaza H. Habib Director Industrialist

Qumail R. Habib Executive Director Banker

Syed Mazhar Abbas Director Former Banker

Mr. Wazir Ali Khoja Director Mr. Khoja is Chairman & Managing
Director of NIT

Company Secretary Bank’s company secretary is as follows:

Name Designation Occupation

A. Saeed Siddiqui Company Secretary Banker

SWOT analysis of Bank AL Habib

SWOT Analysis is a powerful technique for understanding your Strengths and
Weaknesses, and for looking at the Opportunities and Threats you face.

Strengths and weaknesses are generally internal to your organization. Opportunities

and threats often relate to external factors

Strengths:

Its Extensive Product range is its strength

• AL Habib Current Accounts

• AL Habib Saving Accounts
• AL Habib Term Deposits
• AL Habib Young saver account
 • AL Habib Current plus account
• AL Habib Monthly Saver account
• AL Habib Senior Citizen account
• Habib Special Saver

AL The above deposit schemes are based on the Islamic Shariah principles and have been
approved by our qualified and experienced Shariah Advisor which makes it different on others in
industry

Its Exceptional Service is also has comparative edge on others

Bank AL Habib has sole strength in banking industry in Free of cost banking in
terms of “Incidental charges” Low balance requirements adopted by others banks.

Weaknesses:

Bank AL Habib”S Small Branch network is its weakness but bank has strong strategic
planning to spread its branch within0 short span of time

Opportunities:

Planning to spread its network of branch creates business opportunity for bank.

Threats:

Economy crunch and financial and political cries in country is main threat to the banks’
business. 2ndly low interest by foreign investor is also increasing threats to financial
industry.
Tight policy by regulator also make difficult for bank to coop new business requirement.