Habib Bank Ltd 2023 AR2
The report highlights Habib Bank Limited's (HBL) performance for the fiscal year 2023, during which the bank achieved its highest-ever profit before tax of PKR 113.6 billion, representing a 47% growth compared to the previous year. HBL expanded its Islamic banking branch network by 39% to 408 branches and became the first bank in Pakistan to cross PKR 100 billion in SME lending. On the sustainability front, HBL became the first Pakistani bank to join the Net Zero Banking Alliance and the Capacity Building Alliance of Sustainable Investment (CASI), committing to align its portfolio with net-zero emissions by 2050. Additionally, the bank was recognized as the 'Most Inclusive Organization in Pakistan' for the second consecutive year.
Company: Habib Bank Ltd
Sector: Finance & insurance
Country: Pakistan
Year: 2023
Type: AR2
Pages: 386
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Habib Bank Ltd
Annual Report
The report highlights Habib Bank Limited's (HBL) performance for the fiscal year 2023, during which the bank achieved its highest-ever profit before tax of PKR 113.6 billion, representing a 47% growth compared to the previous year. HBL expanded its Islamic banking branch network by 39% to 408 branches and became the first bank in Pakistan to cross PKR 100 billion in SME lending. On the sustainability front, HBL became the first Pakistani bank to join the Net Zero Banking Alliance and the Capacity Building Alliance of Sustainable Investment (CASI), committing to align its portfolio with net-zero emissions by 2050. Additionally, the bank was recognized as the 'Most Inclusive Organization in Pakistan' for the second consecutive year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees