Habib Bank AG Zurich

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For other places with the same name, see Habib Bank (disambiguation).
Habib Bank AG Zurich
Type Private
Industry Financial Services
Founded 1967 (1967)
Headquarters Weinbergstrasse 59
Zurich, Switzerland
Key people Muhammad H. Habib President Mohamedali R. Habib, Joint President
Mushfiq A. Salahuddin, Advisor to The President
Trevor J Bastow, Deputy General Manager
Ralph Schneider, Executive Vice President
Haja Alavudeen, Senior Vice President
Products Loans, Checking, Savings, Investments, Credit Cards, Debit Cards, Letters of Credit
Employees 5,000+
Website Homepage

Habib Bank AG Zurich, a commercial bank incorporated in Switzerland. It maintains headquarters in Zurich, Switzerland, but has operations in Switzerland, United Kingdom, United Arab Emirates, and Kenya. Habib Bank AG Zurich also has fully owned subsidiaries in Isle of Man Habib European Bank, South Africa, and Canada.

Overview[edit]

The bank is a large financial services provider, with operations spanning four continents. Its operations and subsidiaries in Europe, Asia, Africa and North America provide trade finance, corporate, consumer, private, retail and correspondent banking products. [1] [2]

History[edit]

The bank was founded in 1967 with a capital investment of Swiss Francs 2 million (approximately US$2 million). Habib Bank AG Zurich developed hPLUS, one of the world's first Java banking systems, using Java and Sybase ASE. The bank has been named as a finalist for the 21st Century Achievement Award from the Computerworld Honors Program for its use of information technology in the Finance, Insurance & Real Estate category.[3]

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