Habib Bank Limited (Bangladesh Branches)
Profile
- Total assets
- —
- Deposits
- —
- Gross NPL
- —
- CRAR
- — (n/a)
- Net profit
- —
- Chairman
- —
- MD/CEO
- Selim Barkat
- Rating
- AA-
HBL Bangladesh operates 6 branches across Dhaka, Chattogram, and Sylhet. Following a May 2024 elevation, Selim Barkat (Country Manager since 2019) holds the expanded title Regional General Manager covering Bangladesh, Sri Lanka, and Maldives. HBL opened an Offshore Banking Unit in April 2025 and remains one of three South Asia/MENA banks offering end-to-end RMB intermediation. CRISL rating AA- with Stable outlook (valid June 2026). Bangladesh-specific financial statements for FY2024 are published on hbl.com/bangladesh but could not be extracted due to PDF size constraints; no BDT financials found in public press.
Recent activity
- 2025-04-24 digital_launch HBL inaugurated an Offshore Banking Unit (OBU) in Bangladesh during a three-day visit by HBL President and CEO Muhammad Nassir Salim; OBU targets foreign currency transactions and cross-border services for clients in Bangladesh's Economic Zones and Export Processing Zones. ↗
- 2025-02-01 appointment Iffat Nargis joined HBL Bangladesh as Head - Financial Institutions in February 2025 with 24+ years of banking experience in trade and cash management. ↗
- 2025-03-01 appointment Nabadip Roy joined HBL Bangladesh as Head - Treasury in March 2025 with 14+ years in treasury management and financial risk. ↗
- 2025-06-02 rating_change CRISL reaffirmed HBL Bangladesh long-term rating at AA- with Stable outlook and short-term ST-2; valid until June 1, 2026. ↗
Provenance & notes
HBL opened its first Bangladesh branch in 1976 per BIBM and multiple press sources; established_year and license_year set to 1976. Branch count is 6 per the official HBL Bangladesh branch-location page as of May 2026: Country Office (Banani), Main Branch (Banani, Autograph Tower), Motijheel, Chattogram (Agrabad), Sylhet (East Zindabazar), and Uttara Sub Branch. BIBM entry states 5 branches; the HBL website lists 6 (includes the Country Office and Main Branch at the same address but different listings); 6 adopted as the more current primary-source count. Selim Barkat was Country Manager from August 2019; promoted to Regional General Manager (Bangladesh, Sri Lanka, Maldives) per announcement dated May 9, 2024 (TBS News / Financial Express). Role title is Regional General Manager; md_ceo field captures the highest in-country executive per schema intent. CRISL AA-/ST-2 Stable, valid June 2, 2025 to June 1, 2026, sourced directly from hbl.com/bangladesh/information/credit-ratings. Financials are null: HBL Bangladesh's FY2024 Financial Statement (13.3 MB PDF at hbl.com/assets/documents/Financial_Statement_2024.pdf) exceeded the 10 MB fetch limit and is not indexed in extractable form by any public press source; no BDT total assets, deposits, loans, NPL, CAR, or profit figures were found in retrievable web sources. Parent HBL Pakistan FY2024 consolidated profit: PKR 57.8 billion after tax (not converted, not applicable to Bangladesh branch). Foreign ownership 100% as HBL is a wholly foreign-incorporated bank operating as branches in Bangladesh. Government ownership 0% (HBL Pakistan itself is not state-owned). Paid-up capital null: FCBs operating as branches in Bangladesh are required to maintain a 'fund deposited with Bangladesh Bank' rather than a traditional paid-up capital structure; exact BDT amount not found in public sources. OBU inauguration date April 24, 2025 confirmed by BSS News article. verification_status=partial: branch count, management team, credit rating, and OBU inauguration are verified from primary sources; all financial metrics are null due to inaccessible PDF.
Sources
- https://www.hbl.com/bangladesh/information/management-information
- https://www.hbl.com/bangladesh/information/credit-ratings
- https://www.hbl.com/bangladesh/branch-atm-location/branch-location
- https://www.hbl.com/Bangladesh/bangladesh
- https://www.tbsnews.net/economy/corporates/selim-barkat-appointed-regional-general-manager-hbl-bangladesh-sri-lanka-maldives
- https://thefinancialexpress.com.bd/trade/selim-barkat-appointed-as-regional-general-manager-of-habib-bank
- https://www.bssnews.net/news/266284
- https://www.bibm.org.bd/single_member.php?id=59
- https://www.banksbd.org/hbl
- https://www.hbl.com/bangladesh/information/financial-position