KARACHI: Global Finance Magazine has declared the HBL as ‘Safest Bank in Pakistan’. A survey was conducted among top 100 countries around the world as part of an exclusive report to be published in the magazine’s November 2014 issue.
This prestigious review ranks 500 of the largest financial institutions by asset size according to long-term credit ratings from Moody’s investor services, Fitch and S&P.
Anwar Zaidi, Head Financial Institution-Global Trade Services, stated, “We are extremely privileged to earn this prestigious award. Safety and soundness is key to every bank’s success and this award is an endorsement of our valued customers’ trust and confidence in HBL. We continue to challenge ourselves in enforcing stringent controls to protect & safeguard all our stake holders Interest. The bank operates in 25 countries catering to the banking needs of domestic as well as the South Asian Diaspora.”
The Global Finance Magazine has a circulation of 50,050 and readers in 180 countries reaching out to chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for regulating, making investment and strategic decisions at multinational companies and financial institutions.