Habib Bank AG Zurich is a Swiss multinational commercial and private bank headquartered in Zurich, Switzerland. In addition to Switzerland, the company operates in Hong Kong, Kenya, Pakistan, South Africa, Canada, United Arab Emirates and the United Kingdom.
History
Habib Bank AG Zurich was founded on August 25, 1967 by the Habib family of Pakistan, independent of their main banking business Habib Bank Ltd., which was later nationalized under a nationalization plan.
Ownership
The bank is wholly owned by Gefan Finanz AG (registered in Zug), which in turn is owned by a trust structure. The trust is 100% owned by members of the Mohamedali Habib branch of the Habib family. The beneficial owners are
- Habib (25%)
- Muhammad H. and Hyder M. Habib (25%)
- Reza Habib (25%)
- Habib Other family members (25%)
