The history of the House of Habib goes back to middle of the
previous-to-last century when Esmail Ali of Jamnagar ,India, set up asmall utensil factory in Bombay.His son Habib Esmail, born in1878, founded the House of Habib. Habib was very young when hisfather died, forcing him to join the business of his uncle Cassum Mohammad, owner of Khoja Mithabai Nathoo,merchant, andmanufacturer of copper and brass utensils. It was because of hisassociation with Mithabai Nathoo that Habib Ismaeel came to beknown as Seth Habib Mitha. DAWOOD HABIB Habib and Sons was formed in the 1920’s to trade in cotton, copper, oil seeds, gold bullion and other commodities and to act as a merchant bank. This in turn led to the formation in 1941 of Habib Bank Ltd. Bombay, as a public limited company
Habib Metropolitan Bank Ltd Company Profile
Habib Metropolitan Bank Limited is a Pakistan-based company, which is engaged in
providing commercial banking, brokerage services and modaraba management services. The Company's segments include Trading and sales, Retail banking and Commercial banking. The Trading and sales segment undertakes the Company's treasury, money market and capital market activities. The Retail banking segment provides services to small borrowers, such as consumers, and small and medium enterprises (SMEs) and borrower's agriculture sector. It includes loans, deposits and other transactions with retail customers. The Commercial banking segment includes loans, deposits and other transactions with corporate customers, and SME customers other than those included in the Retail banking segment. The Company operates approximately 240 branches, including approximately 20 Islamic banking branches and approximately 40 sub branches in Pakistan. The Company is a subsidiary of Habib Bank AG Zurich. HMB 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. HMB 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 compliant products. 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 HMB'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. https://fp.brecorder.com/2011/06/201106061198076/