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HBL delivers stellar performance with Q1 2021 profit

21 April 2021

Habib Bank Limited (HBL) declared a consolidated profit of Rs 14.5 billion for 2021 first quarter, which is more than the double for the same period last year. HBL’s market-leading Consumer business continues to outperform in multiple aspects. Commenting on the bank’s performance, Muhammad Aurangzeb, President & CEO – HBL said: "The Bank’s growth momentum continues in the new year with all activity drivers showing an upward trajectory. The growth was broad-based across all business lines, with strong performance from the deposits, cards, trade and consumer finance businesses." HBL is actively working on enhancing the digital experience of its clients across the network. HBL continues to retain its leadership position in the corporate and investment banking space in Pakistan.