The sponsor of the Bank Al Habib Limited are Dawood Habib Group. They are involved in banking and financial services since 1920's. They were among the founder members of Habib Bank Limited. Habib Bank limited played a major role in meeting the financial and banking needs of Pakistan in its early stages and which was nationalized along with all other Banks on December 31, 1973.
When the Government of Pakistan decided to open up the banking industry to the private sector, it gave permission to the Dawood Habib Group to set up a commercial bank. As a result Bank Al Habib Limited was incorporated as a Public Limited Company in October 1991 and it started banking operations in 1992.
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