Detailed knowledge Of HBL Bank

Topics: Muhammad Ali Jinnah, Pakistan, Lahore Pages: 3 (678 words) Published: August 20, 2014
Detailed knowledge Of HBL Bank
Introduction:
Bank is an important institute of an economy. In modern times a strong bankingsystem is necessary for economic prosperity of a country. Banks are necessaryfor maintaining a sound financial position of Government and for running tradeand industry. History:

Habib Bank Limited (HBL) was established on 25th August 1941 just one year after the historic Pakistan resolution was adopted in Lahore for carving anindependent homeland for the Muslims of subcontinent. It was founded with the blessing of Quaid-e-Azam (Great Leader) Mohammad Ali Jinnah, the architectand founder of Pakistan.We are proud of the fact that the Quaid-E-Azam demonstrated his faith andconfidence in HBL by opening his personal account in our Bombay branch in theyear 1946.The first prime minister of Pakistan Quaid-e-Millat Liaqat Ali Khan, on theindependence day of Pakistan (August 14, 1947) appreciated the service of the bank in these words. “I wish every success to HBL and hope that it willcontinue to play an important and useful role in theindustrial and commercial life of the Muslimnation” The commitment of HBL towards the cause of the economic uplift of Pakistani people was successfully tested when the subcontinent was partitioned in 1947.The new born country faced serious financial difficulties. Habib Bank joinedhands with the government of Pakistan and placed all its services at their disposalfor nation building activities. Throughout the decades, HBL has held the mantle of a dynamic leader, byadding value to the lives of its customers.It was HBL that introduced products such as Debit Cards, ATMs, TravellersCheques, etc., to the Pakistani market. We at Habib Bank cater to the needs of millions with our quality products & services. Today, Habib Bank is truly the bank of the people, providing its customers convenience and satisfaction all over theworld. Habib Bank Plaza, the second tallest building in Pakistan, is the proud symbol of HBL’s...
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