Aga Khan Fund for Economic Development Boosts Stake in Habib Bank Limited with Significant Share Purchases

Karachi, Aga Khan Fund for Economic Development, a substantial shareholder of Habib Bank Limited, made notable share acquisitions on August 3, 2023. The fund executed a series of transactions, purchasing a total of 1,229,619 shares at a rate ranging from 106.00 to 106.60 Pakistani Rupees per share. These purchases were made through the Central Depository Company (CDC) in Ready form. This move underscores the fund's continued confidence in the bank's growth prospects and reflects its strategic investment approach to enhance its position in one of Pakistan's leading financial institutions.