Habib Bank AG Zurich
Habib Bank AG Zurich has been operating in the United Arab Emirates since 1974 and takes pride in its long-standing relationships with the multi-cultural business community. HBZ is viewed as one of the top five international banks in the UAE.
The Bank’s technology innovation began in the UAE in 1994. This has resulted in HBZ winning multiple international, regional and UAE awards (link). The UAE operations contribute significantly in technology and operational excellence across the Group’s international footprint.
Today, HBZ has eight branches across the country in the emirates of Abu Dhabi, Dubai and Sharjah offering a full range of commercial banking services and an Electronic Banking Unit (EBU) at Dubai Marina.
Habib Bank AG Zurich (HBZ) was established on August 25, 1967 in Switzerland. Based on a solid foundation of banking tradition that spans several generations, the Bank began its operation from 1 Todistrasse, Zurich.
Traditional banking values set in the context of international banking has determined HBZ’s corporate philosophy – “Service with Security” – for over 45 years in operation.
Providing corporate, personal, private, and correspondent banking products, we offer highly personalised service through our international network of branches, subsidiaries and affiliates. All group banking functions are managed out of the Head Office located in Zurich, Switzerland at 59 Weinbergstrasse. The group Private Banking division is based nearby at 53a Weinbergstrasse.
HBZ, a technology pioneer and leader in the banking sector offers a wide range of financial products and services complemented by innovative delivery channels.
“THE BANKER” Magazine (July 2014 issue) ranked HBZ as the “5th Most Sound Bank” in Switzerland and as the “126th Soundest Bank” in the world, moving up from 152nd in 2012.
|World ranking in soundness (out of 1000 banks)||126||152||174||155||110||198|
|Ranking in Switzerland (out of 312 banks)||27||27||26||28||27||25|
|Ranking in Switzerland in soundness (out of 312 banks)||5||5||5||4||3||4|
|B/S capital adequacy ratio||21.02||19.36||16.09||14.5||15.3||14.78|
These rankings further demonstrate HBZ’s reputation and enables it to liaise with a wide range of banks, including leading global financial institutions on equal footing. Moreover, this also allows HBZ to provide bespoke solutions based on individual client needs.
Today, with over 90 years of banking tradition, HBZ is positioned as a leading international bank, providing business and personal financial services, with a focus on owner-operated enterprises across the globe.