Habib Bank Limited: Corporate Briefing Session Notes – By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Tuesday, 10 December 2019
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Habib Bank (HBL) today conducted Corporate Briefing session, where the company discussed its key focus and strategy going forward.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Key theme for the bank is focused on key real sectors with segments like Agri financing and SME finance.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 2020 the bank is expected to move away from one off costs and move towards a normalized cost to income ratio with a long term target of sub 50%.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Customer base to cross 20mn in the coming year versus 16mn currently, translating into higher fee income going forwa...

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