Habib Bank AG Zurich

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Habib Bank AG Zurich
Private
Industry Financial Services
Founded 25 August 1967; 51 years ago (1967-08-25)
Headquarters Weinbergstrasse 59
Zurich, Switzerland
Key people
Muhammad H. Habib (Chairman)
Mohamed Ali R. Habib
(CEO)
Products Loans, Checking, Savings, Investments, Credit Cards, Debit Cards, Letters of Credit
Number of employees
5,000+
Website www.habibbank.com

Habib Bank AG Zurich is a commercial bank based in Zurich, Switzerland. It has its operations in Switzerland and internationally in Canada, Hong Kong, Kenya, Pakistan, South Africa the United Arab Emirates and the United Kingdom.

Habib Bank AG Zurich also has wholly owned subsidiaries in Canada (Habib Canadian Bank), Hong Kong (Habib Bank Zurich (Hong Kong)), Pakistan (Habib Metropolitan Bank), South Africa (HBZ Bank), and the United Kingdom (Habib Bank Zurich plc).

"THE BANKER" Magazine (July 2012 issue) ranked HBZ as the "5th Most Sound Bank" in Switzerland and as the "152nd Soundest Bank" in the world, moving up from 174th in 2011.

Overview[edit]

Habib Bank AG Zurich (HBZ) was established in Switzerland in 1967 on a solid foundation of banking tradition that spans several generations. Traditional banking values set in the context of international banking has determined HBZ's corporate philosophy - "Service with Security" - for over 50 years in operation.

Providing corporate, personal, private, and correspondent banking products, we offer highly personalised service through our international network of branches, subsidiaries and affiliates. All group banking functions are managed out of the Head Office located in Zurich, Switzerland at 59 Weinbergstrasse. The group Private Banking division is based nearby at 53a Weinbergstrasse.

HBZ, a technology pioneer and leader in the banking sector offers a wide range of financial products and services complemented by innovative delivery channels..[1] [2]

History[edit]

Habib Bank AG Zurich was founded on 25 August 1967[3] by members of the House of Habib business family. (HBL).[4] [4]

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.[5]

See also[edit]

References[edit]

  1. ^ Company Profile At Businessweek.com
  2. ^ Liebling der E-Banker
  3. ^ "HBZ Switzerland". Habib Bank AG Zurich. Retrieved 14 September 2017.
  4. ^ a b "History". HBZ Bank Ltd. Retrieved 14 September 2017.
  5. ^ Habib Bank AG Zurich Success Story[dead link]

External links[edit]