|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. Demonstrating a
strong commitment to Pakistan economy, HBZ is the principal
shareholder of HABIBMETRO.
HABIBMETRO 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. HABIBMETRO has its primary
focus on retail banking and trade finance and also offers
highly innovative E-Banking solutions and Consumer Banking
to its customers. The Bank’s Islamic Banking Division
is fully capable of catering to customers seeking Shariah
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 HABIBMETRO’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.
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.
To view the PACRA press release,click here
To view the PACRA report,click here
Stay Ahead with HABIBMETRO!