Arif Habib Group is among the largest, most innovative and fastest growing Business Groups in Pakistan. In addition to Financial Services (Asset Management, Brokerage Services, Corporate Finance and Project Advisory, Private Equity and Bank), the Group has interest in Fertilizer, Cement and Real Estate.
Arif Habib Bank Limited commenced operation as a fully scheduled bank on 5th August 2006. The Pakistan operations of Rupali Bank Limited were acquired by Arif Habib Securities Limited under the Scheme of Amalgamation approved by the State Bank of Pakistan, under Section 48 of Banking Companies Ordinance, 1962. The Bank opened its doors for business with an Authorized share capital of AHB PKR 6 billion and paid up capital of PKR 3 billion. Subsequently, in July 2007, the Board of Directors decided to double the equity of the Bank from Rs. 3 billion to Rs. 6 billion by issuing 50% right shares at a premium of Rs. 10 per share. It has also been decided to list the Bank at the stock exchange.
Presently the bank has five branches in Karachi, two in Lahore and one branch each in Islamabad and Multan. Our branch network will be expanded to cover all four provinces of the country to ensure a nationwide presence.
Contact
Head Office Address :
Arif Habib Center 23, M.T. Khan Road,
Karachi-74000, Pakistan
Phone: 2437892, 2436519
Fax: 2435736
Webside : http://www.arifhabibbank.com
Tuesday, November 13, 2007
Arif Habib Bank
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