Karachi: Habib Bank Limited has announced that its Board of Directors will convene on December 15, 2024, in Karachi to deliberate on the bank's Annual Budget and Strategic Plan. The meeting is a key event for the bank, focusing on strategic directions and financial planning for the upcoming year.

In compliance with Clause 5.6.4 of Pakistan Stock Exchange (PSX) Regulations, the bank has instituted a "Closed Period" from December 6, 2024, to December 15, 2024, inclusive of both dates. During this period, the bank's Directors, CEO, and Executives are prohibited from directly or indirectly trading shares of the bank.

According to information available from the Pakistan Stock Exchange (PSX), this precautionary measure is standard practice during times when sensitive financial information is under review, ensuring market integrity and transparency.

The bank has communicated the details of the Closed Period to the TRE Certificate Holders of the Exchange to maintain compliance and inform stakeholders of the restrictions in place.