HBL has been awarded the accolade of Best Bank in Pakistan by Euromoney for 2022. The Bank has also won the Asiamoney award for Best Domestic Bank in Pakistan for 2022.
These two awards are the most prestigious recognition in the banking industry, globally.
HBL is proud to serve its esteemed clients who have made these successes possible. These successes are a testament to our millions of clients’ continued trust and confidence in HBL.
The Euromoney citation for HBL affirms that “HBL enjoyed its strongest-ever performance in 2021, and, by extension, the strongest performance in Pakistan. Its Rs62 billion ($351.2 million at the time) consolidated pre-tax profit for the year represented 17% year-on-year growth.”
HBL’s growth in Pakistan is due to numerous factors, such as “a prosperous year in consumer banking, digital expansion, record-breaking volumes in cash management, and a 20% growth in the farmer financing portfolio,” as stated in the citation.
The citation highlights HBL’s commendable effort towards Islamic finance, emphasizing the Bank’s dedication to the business as it has made significant progress. The citation noted that “HBL is also the only Pakistani bank among the signatories of the Green Investment Principles, and in 2021 extended its existing commitment to stop financing coal to industries that contribute to deforestation.”
Euromoney and Asiamoney are global English-language publications focused on business and finance.