E-Paper | January 03, 2025

HBL to inject Rs6bn in subsidiary

The Newspaper's Staff Reporter Published May 1, 2024

KARACHI: Habib Bank Ltd (HBL) has announced a significant equity investment of Rs6 billion in its subsidiary, HBL Microfi­nance Bank (HBLMfB).

The announcement came through a Tuesday notice issued to the Pakistan Stock Exchange.

“The board of directors of Habib Bank Ltd has approved an equity investment of up to Rs6bn in its subsidiary in compliance with all regulatory requirements and the approval of the shareholders of the bank,” the notice said.

Published in Dawn, May 1st, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.
Business

Read more

On DawnNews
Dawn News English

Dear visitor, the comments section is undergoing an overhaul and will return soon.

Latest Stories

dawn images site

Most Popular

01
02
03
04
05
06
07
08
09

Must Read

Opinion

Editorial

Kurram peace deal
03 Jan, 2025

Kurram peace deal

It is the state’s responsibility to ensure that people of all sects can travel to and from the district without fear.
Pension reform
03 Jan, 2025

Pension reform

THE federal government has finally implemented several parametric reforms introduced in the last two budgets to...
The Indian hand
03 Jan, 2025

The Indian hand

OFFICIALS of the Modi regime were operating under a rather warped sense of reality, playing out Bollywood fantasies...
Economic plan
Updated 02 Jan, 2025

Economic plan

Absence of policy reforms allows the bureaucracy a lot of space to wriggle out of responsibility.
On life support
02 Jan, 2025

On life support

PAKISTAN stands at a precarious crossroads as we embark on a new year. Pildat’s Quality of Democracy report has...
Harsh sentence
02 Jan, 2025

Harsh sentence

USING lawfare to swiftly get rid of political opponents makes a mockery of the legal system, especially when ...