Bank Al Habib has become the 6th largest bank in Pakistan, regarding the market presence and branch network size. Bank Al Habib has overhauled Bank Alfalah to become the 6th biggest bank. Bank Al Habib has increased its branches in 705 areas all over Pakistan and in foreign markets by the end of the 3rd quarter of 2018.
The bank has been aggressive increase its branch network to gear up its penetration all through the nation. It extended its presence through sub-branches in metropolis cities particularly in shopping malls and commercial areas.
Bank Al Habib has a total number of 705 branches with 62 Islamic branches, 600 conventional branches, 36 sub-branches, 3 foreign branches, and 4 representative office. The bank has endeavored to increase its network and increase its services everywhere throughout the nation. Moreover, Bank Al Habib has wholesale branches in Bahrain, Seychelles and Malaysia and Offices in UAE, Istanbul, Beijing, and Kenya. Before the day end of September 2018, the assets of the bank grew up to Rs. 750 billion.
Then again, Bank Alfalah is working with 662 offices including 478 conventional banking branches, 152 Islamic branches, 22 sub-branches, and 10 overseas branches. It has 7 branches in Bangladesh, one in Bahrain, Dubai, and Afghanistan each.
The inflation of bank offices has been little sluggish during the recent calendar year, in any case, the bank resources’ esteem remained at Rs. 804 billion before the end of September 2018 demonstrating its proficiency in cost management and business development.