Habib Bank Limited (HBL) has been honored with multiple prestigious awards at the 2024 Euromoney Awards for Excellence, solidifying its position as a leader in Pakistan’s banking industry. Recognized as Pakistan’s Best Bank, Best Bank for Corporates, and Best Bank for ESG (Environmental, Social, and Governance), these accolades underscore HBL’s exceptional performance and commitment to innovative banking solutions and sustainable business practices.
A highlight of HBL’s achievements includes a remarkable 47% increase in profit before tax, reaching $403 million in 2023, as noted by Euromoney. This financial success reflects HBL’s strategic transformation, which integrates its extensive physical network across Pakistan with advanced digital capabilities, serving a vast customer base of over 37 million.
In addition to financial prowess, HBL has prioritized enhancing its internal environmental, social, and governance structures. This effort includes updates to its social and environmental management policies and the development of sustainable environmental management procedures, demonstrating a proactive approach to responsible banking practices.
Muhammad Nassir Salim, President & CEO of HBL, expressed gratitude for the recognition, emphasizing that these awards affirm HBL’s commitment to excellence, innovation, and integrity. He attributed HBL’s success to the unwavering trust and confidence of millions of clients, reinforcing the bank’s dedication to leading with sustainability and ethics in all facets of its operations.
Euromoney, a prominent global publication specializing in business and finance, annually acknowledges institutions that demonstrate outstanding performance and innovation in the banking sector.