HBL President reaffirms commitment to regional economic integration during Bangladesh visit

BSS
Published On: 24 Apr 2025, 12:46 Updated On:24 Apr 2025, 12:49

DHAKA, April 24, 2025 (BSS) - Muhammad Nassir Salim, President and CEO of Habib Bank Limited (HBL) recently concluded a three-day official visit to Bangladesh, reaffirming the Bank's commitment to advancing trade and investment opportunities across the region.

During the visit, Muhammad Nassir Salim met with key government policymakers, regulators, foreign and local investors, and senior leaders from the private sector.
These engagements focused on enabling deeper economic cooperation between Bangladesh and strategic global markets, particularly China, the Middle East, and South Asia - regions where HBL holds a strong institutional footprint, said a press release.

HBL, with a legacy of over 45 years in Bangladesh, is playing an important role in supporting the country's trade ecosystem. HBL has made historical strides in China, where the Bank has a branch in Beijing and remains one of three banks from South Asia and the MENA region to offer end-to-end RMB intermediation.

This presence uniquely positions HBL to connect clients across borders, particularly in facilitating China-Bangladesh trade. HBL's China Desk in Dhaka provides clients with linguistic, regulatory, and banking support to ease navigation of the growing China-Bangladesh trade corridor.

As part of its strategic expansion, HBL also inaugurated an Offshore Banking Unit (OBU) in Bangladesh, which will further facilitate foreign currency transactions and cross-border financial services for Bangladeshi and international clients with a focus on facilitating export growth from the country's Economic Zones and Export Processing Zones.

"Bangladesh is a key market for HBL. Our strategic vision is to act as a bridge connecting Bangladesh's local enterprises to regional markets," said Muhammad Nassir Salim. "We are committed to enabling clients in Bangladesh to expand their reach for supply chain and tap new markets, especially in fast-growing corridors like China, the GCC, and South Asia."

Through its international network and strong correspondent banking relationships, HBL has already helped Bangladeshi corporations and banks to expand their global reach.

The Bank's support includes trade finance, advisory, structured finance, and treasury solutions.

 

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