{"id":62586,"date":"2024-03-27T06:02:16","date_gmt":"2024-03-27T01:02:16","guid":{"rendered":"https:\/\/nabanews.pk\/en\/?p=62586"},"modified":"2024-03-27T06:02:16","modified_gmt":"2024-03-27T01:02:16","slug":"governor-state-bank-inaugurates-al-habib-exchange-company","status":"publish","type":"post","link":"https:\/\/nabanews.pk\/en\/governor-state-bank-inaugurates-al-habib-exchange-company\/","title":{"rendered":"Governor State Bank inaugurates AL Habib Exchange Company"},"content":{"rendered":"<p>Karachi<br \/>\nAL Habib Exchange Company (Private) Limited officially commenced operations across ten branches in 4 cities of Pakistan including Karachi, Lahore, Islamabad, and Peshawar.<br \/>\nFollowing Bank AL Habib\u2019s announcement in September last year, the Board of Directors unanimously approved the establishment of an Exchange Company as a wholly-owned subsidiary, with an authorized capital of PKR 1 Billion. With the issuance of licenses from the State Bank of Pakistan and the Certificate of Incorporation from the Securities and Exchange Commission of Pakistan (SECP), AL Habib Exchange received the green light to initiate its operations.<\/p>\n<p>AL Habib Exchange is an initiative by Bank AL Habib in line with State Bank of Pakistan\u2019s structural reforms within the Exchange Companies sector and aims to cater to the genuine foreign exchange needs of its customers.<br \/>\nThe main branch of AL Habib Exchange was inaugurated by the Honorable Governor State Bank of Pakistan Mr. Jameel Ahmed in the presence of Mr. Abbas D Habib Founder Member and Chairman Bank AL Habib, Mr. Qumail R. Habib, Executive Director, Bank AL Habib, Mr. Mansoor Ali Khan, Chief Executive, Bank AL Habib, Syed Furqan Chief Executive Officer AL Habib Exchange and Senior officials from SBP, Bank AL Habib and AL Habib Exchange.<br \/>\nThis occasion marks the beginning of a new era in foreign exchange services, as AL Habib Exchange endeavors to set new standards of excellence and reliability in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi AL Habib Exchange Company (Private) Limited officially commenced operations across ten branches in 4 cities of Pakistan including Karachi, Lahore, Islamabad, and Peshawar. Following Bank AL Habib\u2019s announcement in September last year, the Board of Directors unanimously approved the establishment of an Exchange Company as a wholly-owned subsidiary, with an authorized capital of PKR &hellip;<\/p>\n","protected":false},"author":4,"featured_media":62599,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-62586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/62586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=62586"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/62586\/revisions"}],"predecessor-version":[{"id":62618,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/62586\/revisions\/62618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/62599"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=62586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=62586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=62586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}