Habib Metro boosts subsidiaries’ capital by Rs700m

MG News | February 13, 2026 at 09:18 AM GMT+05:00

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February 13, 2026 (MLN): Habib Metropolitan Bank Limited (PSX: HMB) has approved capital injections totalling Rs700 million into two of its wholly owned subsidiaries to support operational expansion, according to a notice issued following a board meeting held yesterday.

The board authorized an increase in the capital of HabibMetro Exchange Services Ltd. to Rs1.5 billion from Rs1 billion, reflecting an additional Rs500 million allocation to the exchange company.

Similarly, directors also approved raising the authorized and paid-up capital of Habib Metropolitan Financial Services Ltd. to Rs500 million from Rs300 million, implying a Rs200 million increase.

The capital enhancements are aimed at ensuring smooth operations and strengthening the subsidiaries’ business activities, the bank said.

Both measures remain subject to requisite regulatory approvals.

This strategic development shows the bank’s intent to reinforce its footprint in exchange and financial services businesses amid evolving regulatory and market dynamics in Pakistan’s financial sector.

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