NEW YORK--(BUSINESS WIRE)--In light of recent news regarding Habib Bank Limited (HBL), HAB Bank strongly affirms it has no affiliation whatsoever – direct or indirect – nor shared ownership with HBL, a Pakistan-based financial institution with an office in Manhattan.
HAB Bank is a U.S.-based community bank headquartered in Manhattan with FDIC membership. HAB Bank has no operations outside of the United States. The institution has operated continuously and successfully since its original incorporation in 1983, and has branches in New York, New Jersey and California.
“HAB Bank has proudly served our consumer and commercial banking customers in the New York Tri-State area and California for over three decades,” says Saleem Iqbal, President and CEO of HAB Bank. “As we celebrate over 30 years of operations, HAB Bank continues to focus on providing value to its corporate, consumer and correspondent banking customers.”
HAB Bank was incorporated in 1983 as a New York State Chartered Bank. It is a member of the Federal Deposit Insurance Corporation (FDIC) and holds $1.3 billion in assets as of June 30, 2017. Besides Manhattan, HAB Bank maintains branches in Jackson Heights, Richmond Hill and Hicksville in New York; Iselin in New Jersey; and Artesia and downtown Los Angeles in California. HAB Bank also has an International Banking Facility (IBF) that provides correspondent services to international banks. The bank specializes in financial institution services, international trade finance, asset-based lending, commercial and residential mortgages, and consumer banking services. Its family of consumer banking products includes HAB eBanking, remote deposit capture, debit card, Visa credit card and 24-hour telephone banking.
For further information, please visit our website at www.habbank.com.
