Hbl
“Can Pakistan's largest bank successfully modernise its core infrastructure and expand SME financial products while defending its dominant domestic market position?”
Habib Bank Limited (HBL) was established in 1947 as Pakistan's first commercial bank and has grown into the country's largest bank by assets. It has historically operated as a full-service commercial and retail bank. In recent years HBL has pursued a digital transformation agenda, selecting Temenos to modernise its core banking infrastructure, and has expanded its product suite to include SME-focused card products in partnership with Mastercard. There is no evidence of a pivot away from its core banking model; rather it is deepening its technology stack while maintaining its position as a domestic systemically important bank.