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Habib Bank Limited gets licence to operate in China

April 19. 2016 : By Fayaz Ahmad : Business

KARACHI (Geoswat.com)-The Habib Bank Limited has won a licence to operate a branch in the Chinese city of issued by the bank, the opening of the Pakistani bank in Urumqi , the Capital of the violence-prone far western region of Xinjiang, which borders Pakistan, will deepen ties betweeen the two countries that last year signed a $46 billion agreement for infrastructure and energy projects .

HBL will be establishing banking operations in Urumqi, the largest city of the province of Xiniiang.which borders Pskistan along the traditional Silk Route.The statement said.

Pakistan,s economy to grow by 4.5% in 2016 :IMF


Etihad Airways offers up to 50 percent discount on business class tickets


China,s Xinjinag seals Pakistan ties with $2 billion in deals


Petrol price likely to be increased by Rs 3.09 from April 1:Sources


Telenor Group acquires Tameer Bank.