Arif Habib Corporation

Arif Habib Group started its operations as a pure capital markets firm in 1970 and was engaged in brokerage business since its inception.[3] In 1994, it incorporated itself as the Arif Habib Securities.[3]

In 2006, the group acquired Rupali Bank and renamed it as Arif Habib Bank.[3]

In 2007, at its peak, the Arif Habib Group was one of the largest financial services conglomerate in Pakistan.[3] It owned one of the largest asset management company, one of the largest investment bank, a large securities brokerage firm and a retail bank.[3] During 2008 financial crisis, it was at brink of collapse.[3]

In 2009, the group sold the bank to Suroor Investments for ₨2.7 billion (US$32.5 million ) which then merged with Atlas Bank and Mybank to form Summit Bank.[3]

In 2010, the group merged its investment arm, Arif Habib Investments, with MCB Asset Management to form the MCB-Arif Habib Savings and Investments Limited.[3]

The group currently consists of 13 companies spanning the real estate, financial services, energy, cement, steel and fertiliser production sectors.[1]

As of 2012, it had over 11,000 employees and an annual revenue of Rs. 100 billion.[1]

• Aisha Steel Mills
• Sachal Energy Wind Farm[4]
• Silk Bank[5]
• Power Cement[6][7]
• Arif Habib Corporation[8]
• Arif Habib Consultancy[9]
• Arif Habib Limited[10]
• MCB-Arif Habib Savings and Investments[11]
• Fatima Fertilizers[12]
• Pakarab Fertilizers[13]
• Javedan Corporation[14]
• Arif Habib Commodities[15]