Karachi, Habib Bank Limited HBL, Pakistan’s largest banking network, became first Pakistani bank to cross Rs.1 trillion mark in deposits. Bank grew domestic deposits by 18.6% from year end.
HBL Friday announced financial results for half year ended 30 June 2012 in Board of Directors meeting. After tax profit grew by 18.58% to Rs. 11.86 billion and earning per share stood at Rs. 9.68 as against Rs. 9.00 for corresponding period last year. Bank declared interim cash dividend of Rs. 3.50 per share.
HBL remains committed to serving all sectors of economy, continues to enhance its outreach in rural and remote areas and provides convenient banking services to unbanked segment of population.