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HabibMetro
Habib Metropolitan Bank, () commonly known as HABIBMETRO, is a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich. It is based in Karachi, Pakistan. It has a branch network of 490+. History The bank was founded in October 1992 as Metropolitan Bank and subsequently started its operations. Habib Bank AG Zurich was founded by Mohammed Ali Habib of the House of Habib as the government started privatization in Pakistan, privatization of the banking sector in Pakistan. In 2006, Habib Bank AG Zurich's Pakistan operations were merged into Metropolitan Bank Limited and subsequently renamed Habib Metropolitan Bank Limited. In 2015, HABIBMETRO won Asian Development Bank (ADB) award. The parent bank, Habib Bank AG Zurich has operations in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and Canada. FinCEN HABIBMETRO was named in FinCEN leak, published by BuzzFeed News, Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ) ...
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HabibMetro Karachi
Habib Metropolitan Bank, () commonly known as HABIBMETRO, is a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich. It is based in Karachi, Pakistan. It has a branch network of 490+. History The bank was founded in October 1992 as Metropolitan Bank and subsequently started its operations. Habib Bank AG Zurich was founded by Mohammed Ali Habib of the House of Habib as the government started privatization of the banking sector in Pakistan. In 2006, Habib Bank AG Zurich's Pakistan operations were merged into Metropolitan Bank Limited and subsequently renamed Habib Metropolitan Bank Limited. In 2015, HABIBMETRO won Asian Development Bank (ADB) award. The parent bank, Habib Bank AG Zurich has operations in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and Canada. FinCEN HABIBMETRO was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists The International Consortium of Investi ...
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House Of Habib
The House of Habib () is a Pakistani conglomerate company based in Karachi, Pakistan. The group was founded by Habib Esmail in Bombay (British Raj) in 1841. It is a prominent shia Khoja business family in Pakistan.Company Overview of House of Habib (Private) Limited on Bloomberg.com website
Retrieved 25 July 2019
Economic Review, November 1984 (P 59) p 14


History

The company has history going back to 19th century, when it started as Khoja Mithabhai Nathoo in 1841 based in then as a family business. In 1891, a family member named Habib Esmail helped the company ...
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Global Islamic Finance Awards
Global Islamic Finance Awards (GIFA) are one of the most prestigious awards in Islamic banking and finance. Other prestigious awards are Islamic Development Bank Prize in Islamic Banking and Finance (also known as "IsDB Prize"), and The Royal Award For Islamic Finance, founded by the government of Malaysia. GIFA was founded by the consulting firm Edbiz (and currently managed by Cambridge IFA) as part of its advocacy for Islamic banking and finance. Since its inception in 2011, GIFA has emerged as the Number One Islamic finance awards programme in the world. GIFA Laureates Every year, the Awards Committee of GIFA elects a head of state or government (or a leading personality equivalent in stature and significance) as winner of its top award, called Global Islamic Finance Leadership Award. The winner is also known as GIFA Laureate. GIFA has emerged as the second awarding body after the Nobel Peace Prize, in terms of number of presentation of awards to heads of state or governments ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Companies Based In Karachi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Banks Of Pakistan
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1992
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Companies Listed On The Pakistan Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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International Consortium Of Investigative Journalists
The International Consortium of Investigative Journalists, Inc. (ICIJ), is an independent global network of 280 investigative journalists and over 140 media organizations spanning more than 100 countries. It is based in Washington, D.C. with personnel in Australia, France, Spain, Hungary, Serbia, Belgium and Ireland. The ICIJ was launched in 1997 by American journalist Charles Lewis as an initiative of the Center for Public Integrity, with the aim of exposing international crime and corruption. In 2017, it became a fully independent organization and was later granted 501(c)(3) nonprofit status. The Panama Papers were the result of a collaboration with the German newspaper ' and more than 100 other media partners, with journalists spending a year sifting through 11.5 million leaked files from the Panama-based law firm Mossack Fonseca. It culminated in a partial release on 3 April 2016, garnering global media attention. The set of confidential financial and legal documents inc ...
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