HBL's RMB trade volume grows over 20% YoY

MG News | July 04, 2026 at 11:12 PM GMT+05:00

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July 04, 2026 (MLN): Habib Bank Limited (HBL) has registered year-on-year growth in excess of 20% in RMB trade volume, backed by its dedicated China desks operating in the Maldives, Sri Lanka, Bangladesh and the UAE, along with close linkages maintained through its affiliates in Central Asia and Africa.

The development was shared by HBL Chairman Sultan Ali Allana while speaking at the fifth anniversary celebrations of HBL's Beijing Branch, held on June 29, 2026 in Beijing, China, according to a LinkedIn post by HBL.

The chairman noted that the bank has been actively working to promote trade between regional partners, and highlighted that its China desk network, spanning South Asia and the Gulf, along with linkages to Central Asia and Africa, has played a central role in facilitating RMB-denominated trade flows to and from China.

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