Habib Bank AG Zurich explained

Habib Bank AG Zurich
Type:Private
Location:Zürich, Switzerland
Key People:Muhammad H. Habib (Chairman)
Mohamedali R. Habib (CEO)
Hasan Habib (President)
Num Employees:~5,000
Owner:Mohamedali Habib Family[1]
Industry:Financial services
Subsid:Habib Metropolitan Bank
Parent:Gefan Finanz AG

Habib Bank AG Zurich is a Swiss multinational commercial bank and private bank which is based in Zürich, Switzerland. Besides Switzerland it has operations in Hong Kong, Kenya, Pakistan, South Africa, Canada the United Arab Emirates and the United Kingdom.[2]

History

Habib Bank AG Zurich was founded on 25 August 1967[3] by the Pakistani 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:

See also

Notes and References

  1. Web site: Habib Bank AG Zurich Annual Report PDF Free Download .
  2. https://web.archive.org/web/20121007044845/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5706966 Company Profile At Businessweek.com
  3. Web site: HBZ Switzerland. Habib Bank AG Zurich. 14 September 2017.
  4. Web site: History. HBZ Bank Ltd. 14 September 2017.