Habib Overseas Bank

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Visit us here:  http://www.habiboverseas.co.za/ 


Name Of Bank:
Habib Overseas Bank

Who owns the bank? Pitcairns Finance SA

Core business: Retail and Commercial Banking

Target market: All individual and commercial customers

Core values or differentiators: The essence of our business philosophy is to provide a personalised service coupled with confidentiality and security of depositors’ funds. In practical terms, this leads to meticulous adherence to prudent lending policies, adequate liquidity at all times and placement of surplus funds with institutions of undoubted standing. Providing supreme customer service is how we differ from other institutions.

Any newsworthy changes in the bank’s structure or business in the near future? Introduction of internet banking.

Is there a key product or initiative you wish to highlight? Forex trade

International links: Correspondent banking relationship with major

global basis

Products:

• Current, call and fixed deposit accounts for corporate and private

clients

• Purchase and Sale of foreign currencies

• Finance by way of loans, overdrafts and other credit facilities to

the corporate and private sector

• Sale of Saudi Riyal Travelers Cheques

• Acceptance of funds and placements in the money market

• Local and International money transfers

• Short-term finance of foreign trade through letters of credit and

negotiation of bills of exchange

• Facilitation of import and export transactions

• Correspondent banking

Name/s of the CEO and/or Chair: HD Habib (Chairperson) and Manzar A Kazmi (CEO)


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