Habib Bank Ltd.

About Habib Bank Ltd.

Habib Bank Ltd. is a prominent banking institution with a rich history and extensive global presence. Initially established in 1966, the bank launched its first of eight branches in the United Arab Emirates (UAE). Hyder Mohamedali Habib, a year later in 1967, founded Habib Bank AG Zurich in Zurich, which has now diversified its operations across different parts of the world.

Habib Bank Ltd. in UAE

In the UAE, Habib Bank Ltd. operates both as Habib Bank AG Zurich UAE (HBZUAE) and Habib Bank Limited (HBL). The bank's UAE operations are headquartered in Al Abbas Building, M Floor, Khalid Bin Al Waleed Road, Bur Dubai, Dubai. It was established in 1974 and currently runs eight branches scattered across the Emirates. These branches offer a wide range of banking services catering to the needs of individuals and businesses alike.

Global Presence

Habib Bank AG Zurich has a significant global footprint. Apart from its head office in Zurich, it operates with branches in Kenya and the United Arab Emirates. Moreover, it has subsidiaries in various global financial hubs including Canada and Hong Kong, demonstrating its commitment to international banking services.

Services and Operations

Habib Bank Ltd. offers a comprehensive suite of banking services. These include personal banking solutions like savings and current accounts, loans, and credit cards, as well as business banking services such as corporate finance, trade services, and cash management. Also, the bank provides digital banking platforms for the convenience of its customers.

Contact Information

Customers seeking assistance can reach Habib Bank Ltd. UAE via their help email at help@hbl.ae, or by phone at +971 600 522 228. Further details about the bank and its services can be found on its official website www.hbl.com/uae/.

Regulatory Scrutiny

In recent years, the bank has faced regulatory scrutiny. There have been reports of irregularities found in HBL's UAE operations and dealings, leading to investigations by the UAE banking regulator in 2018. However, the bank continues to function normally while addressing these regulatory concerns.