HBL to inject up to Rs6bn equity in its microfinance bank

HBL to inject up to Rs6bn equity in its microfinance bank

The Board of Directors of Habib Bank Limited, one of the country’s largest commercial banks, has approved an equity investment of Rs6 billion (~$21.5 million) in its subsidiary, HBL Microfinance Bank Limited (HBL MfB). HBL announced the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We hereby convey that the Board […]

Read the full story at the Daily Times website.