Karachi: Habib Bank Limited (HBL) has announced that it will hold a Board of Directors meeting on February 19, 2025, to review and announce the financial results for the fiscal year ending December 31, 2024. The meeting, scheduled to commence at 10:00 a.m. (PST) at the HBL Corporate Office in Clifton, Karachi, aims to consider the bank's annual accounts and possible declaration of entitlements to shareholders.

The bank has declared a "Closed Period" from February 12, 2025, to February 19, 2025, as mandated by Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no Director, CEO, or Executive of HBL is allowed to engage in any trading of the bank's shares, either directly or indirectly, until the financial results are officially announced.

According to information available from the Pakistan Stock Exchange (PSX), this regulatory measure ensures the financial data's integrity and prevents insider trading before the official disclosure of the bank's performance for the year 2024. The financial community is keenly awaiting the outcomes of this meeting, as Habib Bank Limited continues to be a significant player in the designated market category.

The bank has also communicated the Closed Period to the TRE Certificate Holders of the Exchange, ensuring that all relevant parties are informed of the trading restrictions in effect leading up to the announcement. This adherence to regulatory guidelines highlights HBL's commitment to transparency and fairness in its financial dealings.