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On August 6 2025 Habib Bank Limited (HBL) became the first commercial bank in Pakistan to formalize a partnership with the National Clearing Company of Pak Ltd. (NCCPL). This collaboration was solidified through a Memorandum of Understanding MoU aimed at reinforcing the role of commercial banks within the nation’s capital market infrastructure.
Under the agreement HBL will explore a set of strategic initiatives such as providing margin trading assessing the role of custodian clearing members and leveraging NCCPL’s Capital Gains Tax CGT services to expand and enhance its capital market offerings This alignment positions the bank to significantly broaden its financial products and services in this domain.
At the signing ceremony HBL’s President and CEO Muhammad Nassir Salim emphasized that the partnership is a vital step toward digitization and value creation aiming to elevate service levels and accelerate topline growth NCCPL’s CEO Naveed Qazi echoed the importance of the agreement noting that the MoU exemplifies efforts to better integrate financial institutions with Pakistans capital market ecosystem and ultimately boost investor participation.
