Habib Bank HBZ
Habib Bank AG Zurich (HBZ) was established in Switzerland in 1967 on a solid foundation of banking tradition that spans several generations. Traditional banking values set in the context of international banking have determined HBZ’s corporate philosophy – “Service with Security” – for over 50 years in operation.
Providing corporate, personal, private, and correspondent banking products, we offer highly personalized service through our international network of branches, subsidiaries, and affiliates. All group banking functions are managed out of the Head Office located in Zurich, Switzerland at 59 Weinbergstrasse. The group Private Banking division is based nearby at 53a Weinbergstrasse.
HBZ, a technology pioneer and leader in the banking sector offers a wide range of financial products and services complemented by innovative delivery channels.
Our Motto – Service With Security
HBZ is the heir to a rich tradition of commerce and banking dating back to 1841. The international banking and financial community respects HBZ for its conservative approach and its emphasis on high liquidity. The excellent reputation that the bank enjoys today is mainly due to its long tradition, international experience and a team of dedicated professionals who offer personal, friendly and efficient service.
As a Swiss incorporated bank, we offer a high level of confidentiality and strict adherence to the rules and regulations of the Swiss Financial Market Supervisory Authority (FINMA) and several other international banking regulators.
Our Vision
To be the most respected financial institution based on trust, service and commitment.
Business Banking
We offer business banking products that suit the needs of all businesses.
- Flexible lending options that are adapted for your specific business requirements,
- A wide range of deposit products at attractive rates of interest allowing you to choose one that optimally suits your particular business needs,
- Trade finance and foreign currency services that allow you to deal internationally or buy foreign currency easily and efficiently.
Personal Banking
Whatever your individual needs are, we can offer you a personalised set of products that will allow you to manage your finances effortlessly and professionally.
These include:
- Lending options that will suit your particular unique situation.
- A range of deposit products tailored to suit your specific needs at rates of interest that will allow you to grow your wealth.
- Foreign currency remittances and foreign currency cash dealings at competitive rates.
Islamic Banking: Explained
What sets Islamic Banking apart from conventional banking is an adherence to the principles of Shari’ah, which in simple terms means our Islamic Branch is not allowed to charge or pay interest on financing or deposits, or transact in investments or businesses involving alcohol, gambling or other Islamically unacceptable activities.
| Conventional Banking | Islamic Banking |
| Based on Interest Deals in money or paper Based on a fixed return for both deposits and lending Does not involve itself in trade and business | Based on profit or rent Deals in assets Based on profit sharing or dividend for deposits and on profit or markup for lending Actively participates in trade and production |
Islamic Banking is available to any persons or businesses regardless of their religious beliefs.
Our Islamic Banking division is under the guidance of our Shari’ah Advisor. All documents have been reviewed and certified by the Darul Uloom Zakariyya as being in compliance with Shari’ah Laws and meet the requirements of Islamic Finance.
Please contact the Islamic Branch for more details.