Habib Bank Limited – Ratings Affirmed with a Stable Outlook

24 June 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Habib Bank Limited (HBL) at ‘C+’ and ‘C’, respectively. At the same time, CI Ratings has affirmed HBL’s Bank Standalone Rating (BSR) of ‘c’ and Core Financial Strength (CFS) rating of ‘b+’. The Outlook for BSR and LT FCR is Stable.

HBL’s LT FCR is constrained by CI’s internal assessment of sovereign credit risk for Pakistan. The ESL is assessed as being moderate and balances the high likelihood of the Bank receiving extraordinary support from the authorities, against the weak financial capacity of the sovereign to provide support. This reflects HBL’s position as the second largest bank in Pakistan, in terms of total assets, with the largest branch network and customer deposit base. It is also designated as a domestic systemically important bank (D-SIB) by the…