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PAKISTAN'S AGA KHAN FUND TAKES OVER HABIB BANK.
(From Asia Pulse)
ISLAMABAD, Feb 27 Asia Pulse - The Privatization Commission (PC) was scheduled to hand over Habib Bank Limited (HBL) to Aga Khan Fund for Economic Development (AKFED) on Thursday.
Besides Dr Abdul Hafeez Shaikh, Federal Minister for Privatisation & Investment and senior officers of Finance Division, State Bank and HBL will be present on the occasion.
On December 29, AKFED gave the highest bid of Rs22.409 billion (US$391.4 million) for acquiring 51 per …
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