Pakistan's largest bank by Tier 1 capital is Karachi-based Habib Bank, with its $1.03bn of core capital. The lender has a presence in 25 countries and describes itself as Pakistan’s largest multinational. It is 51% owned by the Aga Khan Fund for Economic Development, with a 7.5% free float. The state still owns the balance, which it hopes to sell in two tranches this year and next.
For more on Pakistan's banks, see Edward Russel-Walling's article, Pakistan's banks defy economic gloom.
