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HBL acquires Barclays banking business in Pakistan

byCustoms Today Report
16/06/2015
in Business
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LAHORE: Habib Bank Limited (HBL) has announced to acquire Barclays banking business in Pakistan.

This acquisition was approved by the State Bank of Pakistan and from 15th June 2015 the Pakistan business of Barclays Bank PLC has been amalgamated with and into HBL.

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HBL President and CEO Nauman Dar stated that the HBL takes pride in this acquisition and we thank the State Bank of Pakistan, the Barclays Staff and the Customers for their cooperation”, Dar continued by welcoming the Barclays customers and staff to the HBL family.

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