CORPORATE SOCIAL RESPONSIBILITY & DONATION POLICY

HABIBMETRO has a Corporate Social Responsibility & Donation Policy in place, which defines the organization’s contribution to the community/society that it operates in.

The Bank participates in philanthropic causes in areas of education, environment, sports, social awareness etc.

INTERNAL CONTROL POLICY

HABIBMETRO has an Internal Control Policy in place to create and observe a culture of control within the organization.

The main objective of the policy is to establish effectiveness and efficiency of controls in day to day operations, reliability of financial reporting, compliance with applicable laws and regulations, safeguarding assets of the banks and protection against frauds and misappropriation.

The policy establishes an Internal Control System, specifies its components and set of control principles that enables the organization to maintain a strong level of control over its people and processes.

RISK MANAGEMENT POLICY

HABIBMETRO has a comprehensive and consolidated Risk Management Policy to formalize and provide guidelines to implement and promote risk management practices within the Bank.

The policy encompasses the risk management approach, framework, scope, functions as well as roles and responsibilities of individuals and committees to identify, measure, monitor and control risks.

HabibMetro has a comprehensive Whistle Blowing Policy, which provides opportunity to the Bank’s employees, customers and external parties to raise their concerns in respect of the various matters including but not limited to irregularities, reporting of financial malpractices, abuse of power and violation of statutory obligations, frauds, personnel harassments, reporting and prevention of corruption, coercive and collusive practices, grievances of those associated with the Bank whether directly or indirectly without any fear of reprisal, retribution or adverse consequences and any other activity which undermines the Bank’s operations and mission.

Aggrieved party / person may register their whistle blowing grievances by sending email at whistle@habibmetro.comor can also write to the following address, marking “CONFIDENTIAL” on the envelope:

WHISTLE BLOWING FUNCTION
INTERNAL AUDIT DIVISION
HABIB METROPOLITAN BANK LIMITED
3rd Floor, Spencer Building
I.I Chundrigar Road
Karachi Pakistan

Grievances are encouraged to be made in writing to assure a clear understanding of the issues being raised. Such reports should be factual to the extent possible, rather than speculative and contain as much specific information as possible including the alleged matter, name(s) of the person(s) involved, dates, places, events and their perception as to why they suspect the fraudulent act, wrongdoing or improper conduct etc.

The Bank is committed to fair and timely disclosure of clear and relevant information to its shareholders, potential investors, analysts, etc . All financial results and material information, if any, will be disclosed to the shareholders through Stock Exchange and / or Media and / or Bank’s digital platforms.

Contact information of Company Secretary (i.e. Phone and Email address) is available on ‘Investor Relations’ page of Bank’s website www.habibmetro.com/investor-relation/ to address the grievances of the investors. Complaints can also be lodged through email address complaints@habibmetro.com.

For all shares related issues, the investors should contact CDC Share Registrar Services Limited (Share Registrar), whose contact details are available on Bank’s website https://www.habibmetro.com/investor-information/.

All Non-Executive directors shall be entitled for remuneration as determined by the Board, from time to time, for him/her for attending meetings of the Board, its sub-committees and shareholders including the holding of the office of Chairman of the Board or its sub-committees.

The scale of remuneration under the policy shall be recommended by the Board for shareholders’ approval on pre or post facto basis.

The level of remuneration so determined shall not, in any case, exceed the limits defined by the SBP.

All the Directors, for the purpose of attending meetings or engagements related to bank’s business, will be eligible for travelling, boarding and lodging expenses including ancillary expenses.

Customer Data Privacy Notice