https://www.scribd.

com/doc/243195274/Internship-Report-on-HabibMetropolitan-Limited-HMB-2014
PACRA MAINTAINS RATINGS OF HABIB METROPOLITAN
BANK LTD. (HMB)
The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and
short-term entity ratings of Habib Metropolitan Bank Ltd. at AA+ (Double A plus)
and A1+ (A one plus) respectively. These ratings denote a very low expectation
of credit risk emanating from a very strong capacity for timely payment of
financial commitments.The ratings reflect the strong position of the bank in its
respective niche self-liquidating trade finance to corporate and SMEs. While
consolidating its strength, the management continues to focus on product
innovation, enhanced reach through network expansion, and technology upgradation for ensuring quality services to its customers, thereby retaining its
relative positioning in the face of intensifying competition within the sector. The
bank continues to maintain outstanding asset quality an outcome of
conservative risk appetite as well as effective risk management. The ratings also
take into account the banks association with a geographically diversified
international sponsoring group Habib Bank AG Zurich (HBZ).
About the bank: HMB, commencing operations in 1992, is listed on all bourses of
Pakistan. Subsequent to recent merger, the bank is a 51% owned subsidiary of
HBZ, incorporated in Switzerland. HBZ, with consolidated assets of above
US$6bln, has operations in eight countries directly and through subsidiaries. This
provides inherent strength to the bank given high credibility and standing of HBZ.
The Chief Executive of the bank is a former Governor of the State Bank and also
a former president of Habib Bank Limited, one of the largest banks in the country.
A highly professional team of senior executives including the executive director,
who has emerged as the key professional in evolving the banks strategy as
well as its implementation, assists the chief executive.The primary function of
PACRA is to evaluate the capacity and willingness of an entity to honor its
obligations. Our ratings reflect an independent, professional and impartial
assessment of the risks associated with a particular instrument or an
entity.PACRAs comprehensive offerings include instrument and entity credit
ratings, insurer financial strength ratings, fund ratings, asset manager ratings and
real estate grading.
PACRAs opinion is not a recommendation to purchase, sell or hold a
security, in as much as it does not comment on the securitys market price or
suitability for a particular investor.

https://www.scribd.com/doc/52592701/HABIB-METROPOLITAN-BANKLtd
BOARD OF DIRECTORS
CHAIRMAN
Kassim Parekh

DIRECTORS
Bashir Ali Mohammad
Mohamedali R. Habib *
Executive Director
Firasat Ali
A. R. Wadiwala
Salim A. Zubairi
Zia Shafi Khan
* Executive Director

AUDIT COMMITTEE
Anwar H. Japanwala
Chairman
Mohamedali R. Habib
A. R. Wadiwala

COMPANY SECRETARY
Fuzail Abbas

SHARE REGISTRAR
Noble Computer Services (Private) Limited
2nd Floor, Sohni Centre, BS 5 & 6,
Main Karimabad, Block-4, Federal B Are

Kassim Parekh Chairman

Sirajuddin Aziz President, Chief Executive Officer & Director

Fuzail Abbas Chief Financial Officer

Muhammad Hyder Habib Non-Executive Director

Bashir H. Ali Mohomed Non-Executive Director

Firasat Ali Non-Executive Director

Mohamedali Rafiq Habib Non-Executive Director

Ali Suleman Habib Non-Executive Director

Syed Muhammad Azam Zaidi Head-Treasury & International Division

Muhammad Imran Secretary

Sohail Hasan Independent Director

Tariq Ikram Independent Director

Mr. Siraj Uddin Aziz

UAE, Nigeria, Hong Kong and China. Before joining HMB, Mr. Aziz
was serving as the CEO of a large local commercial bank.
During his career, Mr. Aziz has contributed to various professional
bodies including Pakistan Banks Association as Chairman. He has been
a regular speaker on Credit, Trade and Foreign Exchange at The
Institute of Bankers Pakistan and other prestigious institutions. Mr.
Aziz also frequently contributes articles to English Newspapers on
various subjects.
Key Management:
Mohamedali R. Habib

Executive Director
Mr. Mohamedali R. Habib has a graduate degree in Business Management Finance from the
Clark University, USA, and he holds a Post Graduate Diploma in General Management from
Stanford National University of Singapore.
He has worked in the corporate sector for more than 15 years in various managerial capacities.
His assignments covered various industries including multinational projects. He stepped into the
banking industry in 1996 when he joined Habib Bank AG Zurich, where he worked in different
capacities in the Banks Pakistan operations. He joined Habib Metropolitan Bank Limited in
1999, where he continues to contribute as an Executive Director.

Mohamedali R.Habib
Executive Director
Mr. Mohamedali R. Habib has a graduate degree in Business Management Finance from
the Clark University, USA, and he holds a Post Graduate Diploma in General Management
from Stanford National University of Singapore.
He has worked in the corporate sector for more than 15 years in various managerial
capacities. His assignments covered various industries including multinational projects. He
stepped into the banking industry in 1996 when he joined Habib Bank AG Zurich, where
he worked in different capacities in the Banks Pakistan operations. He joined Habib
Metropolitan Bank Limited in 1999, where he continues to contribute as an Executive
Director.

Azam Zaidi
Group Head Treasury & International

Abdul Aziz
Memon

Update Date:
16-Jan-2014

Chief Risk Officer

Khadim Nanji
Head of Operations

Fuzail Abbas
Chief Financial Officer

Shahid Hosain
Kazi
Head of Corporate and Transactional Banking Group

Haroon Makani
General Manager - Remedial Management
Syed
Muhammad
Talib Rizvi
Group Head North
Asad Ali Aziz
Dharamsey
Head of Compliance
Mohammad
Shams Izhar
Head of Risk Management

Waheed Usman
Sakrani
Head of HR & Training

M. Ashraf
Mandvia

Update Date:
16-Jan-2014

Head of Payments Services

Syed Intikhab
Hussain Rizvi

Update Date:
16-Jan-2014

Country Treasurer

Syed Aftab
Ahmed

Update Date:
16-Jan-2014

Head of Establishment, Real Estate & Security

Syed Abu Tufail

Update Date:
16-Jan-2014

Head of IT

Ghani Akbar
Usmani

Update Date:
16-Jan-2014

Head of Legal Affairs

Update Date:

16-Jan-2014
Head of System, Policies & Procedure

Syed Asim Ali

Update Date:
16-Jan-2014

Head of Internal Audit

Muhammad
Imran

Update Date:
16-Jan-2014

Company Secretary

Mufti Abdul
Sattar Laghari

Update Date:
16-Jan-2014

Shariah Advisor

Usman.N.Abedi
n
Zonal Head Zone-1

Update Date:
16-Jan-2014

Arif Durvesh

Update Date:
16-Jan-2014

Zonal Head Zone-2

Hassan Ali
Kazmi

Update Date:
16-Jan-2014

Zonal Head Zone-3

Abdul Jabbar

Update Date:
16-Jan-2014

Zonal Head Zone-4

Shahid Iqbal

Update Date:
16-Jan-2014

Zonal Head Zone-5

Zubair Javed
Zonal Head Zone-6

Update Date:
16-Jan-2014

Update Date: 16-Jan-2014

Azhar Shamim
Zonal Head Zone-7

Update Date: 16-Jan-2014

S.T. A. Warsi
Zonal Head Zone-8

Update Date: 16-Jan-2014

Adnan Fasih
Head of Islamic Banking Division

bib Metropolitan Bank Ltd. gives commercial and retail banking services to entities
and companies mainly in Pakistan. It presents auto finance, auto leasing, basic
account, call account, current account, education loans, Izafa certificates, Multiplier
accounts, Mahana schemes, Personal loans, Savings plus account, PLS account, and
super current account, with access ATM/debit cards. The Bank also presents
international banking solutions including correspondence banking network, foreign
remittances, and trade finance products and services. Additionally, it provides
Islamic banking deposit services, which comprise of current deposits account, PLS
account, investment certificates, historical profit rates, current weight ages; and
financing services that contain local murabahah for facilitation of raw material and
finished goods, local and import murabaha, Islamic lease, commercial property
financing on diminishing musharakah basis, and house financing on diminishing
musharakah basis. auxiliary, Habib Metropolitan Bank gives brokerage services. As
of December 31, 2008, We operates more than 110 branches, including 4 Islamic
banking branches. The Bank was initially known as Metropolitan Bank Limited and
amended its name to Habib Metropolitan Bank Ltd. in October 2006. Now official
name is changed as Habib Metro Bank Ltd. Habib Metropolitan Bank Ltd. was
incorporated in 1992 and is headquartered on II chundigar road in Karachi, Pakistan.
Habib Metropolitan Bank Ltd. is a subsidiary of Habib Bank AG Zuric

Habib Metropolitan Bank Ltd. provides banking and financial services. It operates
through three segments: Trading and Sales, Commercial Banking and Retail
Banking. The Trading and Sales segment undertakes treasury, money market and
capital market activities. The Commercial Banking segment provides loans, deposits
and other transactions for corporate customers. The Retail Banking segment offers

loans, deposits and other transactions for retail customers. This segment serves
consumers, small and medium enterprises and borrowers from the agriculture
sector. The company was founded on August 3, 1992 and is headquartered in
Karachi,