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Habib Bank AG Zurich is a Swiss multinational
commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with co ...
which is based in Zurich, Switzerland. It has its operations in
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
,
Kenya ) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi ...
,
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's fifth-most populous country, with a population of almost 243 million people, and has the world's second-lar ...
,
South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. It is bounded to the south by of coastline that stretch along the Atlantic Ocean, South Atlantic and Indian Oceans; to the ...
the
United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at t ...
and the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
.


History

Habib Bank AG Zurich was founded on 25 August 1967 by the Pakistani
Habib family 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.
separate from their main banking business
Habib Bank Limited Habib Bank Limited ( ur, ) abbreviated as HBL, is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. Founded in 1939 by the Habib Family, HBL became Pakistan's first commercial bank. In 1951 it opened its first inte ...
which was later nationalized under the nationalization scheme.


Ownership

The bank is fully owned by Gefan Finanz AG (incorporated in
Zug , neighboring_municipalities = Cham, Baar, Walchwil, Steinhausen, Unterägeri , twintowns = Fürstenfeld (Austria), Kalesija (Bosnia-Herzegowina) Zug (Standard German: , Alemannic German: ; french: Zoug it, Zugo r ...
), which is in turn owned by a trust structure. The trust is 100% owned by members of the Mohamedali Habib branch of the
Habib family 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.
. The beneficial owners are: * Habib M. Habib (25%) * Muhammad H. & Hyder M. Habib (25%) * Reza S. Habib (25%) * other
Habib family 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.
members (25%)


See also

*
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.


References

House of Habib Swiss companies established in 1967 Banks established in 1967 Banks based in Zürich Multinational companies headquartered in Switzerland {{Switzerland-bank-stub