Habib Bank AG Zurich
Habib Bank AG Zurich is a Swiss multinational commercial bank which is based in Zurich, Switzerland. It has its operations in Hong Kong, Kenya, Pakistan, South Africa the United Arab Emirates and the United Kingdom.[2]
 | |
| Type | Private |
|---|---|
| Industry | Financial services |
| Founded | 25 August 1967 |
| Headquarters | Zurich, Switzerland |
Key people | Muhammad H. Habib (Chairman) Mohamedali R. Habib (CEO) Hasan Habib (President) |
| Products |
|
| Owner | Mohamedali Habib Family[1] |
Number of employees | ~5,000 |
| Parent | Gefan Finanz AG |
| Subsidiaries | Habib Metropolitan Bank |
| Website | www |
History
Habib Bank AG Zurich was founded on 25 August 1967[3] by the Habib family separate from their main banking business Habib Bank Limited which was later nationalized under the nationalization scheme.[4]
Ownership
The bank is fully owned by Gefan Finanz AG (incorporated in Zug), which is in turn owned by a trust structure. The trust is 100% owned by members of the Mohamedali Habib branch of the Habib family. The beneficial owners are:
- Habib M. Habib (25%)
- Muhammad H. & Hyder M. Habib (25%)
- Reza S. Habib (25%)
- other Habib family members (25%)
See also
References
- "Habib Bank AG Zurich Annual Report PDF Free Download".
- Company Profile At Businessweek.com
- "HBZ Switzerland". Habib Bank AG Zurich. Retrieved 14 September 2017.
- "History". HBZ Bank Ltd. Retrieved 14 September 2017.
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