Islamic Finance

First Pakistani bank opens branch in Beijing


Published 22 Mar,2021 via Dawn - The first Pakistani bank has opened a branch in the Chinese capital Beijing, joining a small club of foreign banks that operate in the country.

The Habib Bank Limited (HBL), one of Pakistan’s largest private banks, has opened its branch in Beijing, according to a statement released in Karachi on Monday.

The inauguration ceremony, the statement added, was attended by clients, regulators and senior bank executives, apart from Jameel Ahmad, the deputy governor of the State Bank of Pakistan, who virtually joined the ceremony.

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