Armughan Ahmed Kausar, Head Konnect - HBL (seated 1st from left), Muhammad Salman Ali, CEO - VRG (seated 2nd from left), and Omar Aijaz, Head of Partnerships - Easypaisa (seated 3rd from left), along with Muhammad Arif Khan, Deputy CEO - VRG; Hassham Mansoor, COO - VRG; Aamir Hameed, Head Branchless Banking - HBL; Syed Irfan Ali, Executive Director ACFID - SBP; Abid Qamar, Director ACFID - SBP; Muhammad Imran Khan, Assistant DAirector ACFID - SBP; Umair Ahmad, Assistant Director ACFID - SBP; Malik Jibran Tariq, Assistant Director ACFID - SBP; and Waqar Muhammad, Assistant Director ACFID - SBP, present at the signing ceremony for Agent Interoperability at State Bank of Pakistan.
Agent Interoperability Signing Ceremony
Karachi, January 15, 2025
Virtual Remittance Gateway proudly announces the signing of a historic agreement for Agent Interoperability, between Virtual Remittance Gateway, HBL Konnect, and Easypaisa, in the presence of senior officials from the State Bank of Pakistan (SBP). This momentous occasion marks a significant milestone in the evolution of branchless banking in Pakistan, setting the stage for enhanced financial inclusivity and innovation. The partnership will play a pivotal role in achieving SBP’s vision of a digital financially inclusive Pakistan by promoting innovation and collaboration among financial institutions and their agents.
The agreements inked during the ceremony at SBP represent a significant step toward financial inclusion using an interoperable agent network. The collaboration envisions developing integrations and piloting the solution to test its viability in terms of technical, operational, and business aspects. Based on the pilot results, the solution will be scaled up on a commercial basis with enhanced participation.
By connecting the agent networks of various financial service providers, the cutting-edge VRG’s Interop Switch seeks to establish a unified interoperable agent platform that enables users of any bank to conduct both financial and non-financial operations on any bank’s agent network. The interop switch will present HBL and Easypaisa with unmatched chances to broaden their services nationwide, serving both urban and rural communities. This would guarantee that millions of Pakistanis, wherever they may be, may have a secure, effective, and safe banking experience by drastically lowering obstacles to financial inclusion like accessibility and convenience.
The interoperable Agent platform has many benefits for the users but is not limited to the disbursement of government grants, bill payments, credit services, and micro-insurance services. Further, the Interoperable Agent platform will maximize economic opportunities for women and others in rural and underserved communities while addressing the financial inclusion gender gap and sees strong potential to leverage agent networks for much greater outreach and impact.
Pakistan, Karachi – 23 January 2025
Upholding the ethos of the Aga Khan Development Network (AKDN), HBL believes that impact & sustainability extend beyond charitable giving. HBL, being more than just a bank, is committed to fostering positive change by addressing climate change, promoting financial inclusion, and alleviating poverty. This commitment is reflected in HBL’s ambitious sustainability goals, including its aim to achieve Net Zero emissions by 2030. In 2023, HBL made significant strides towards these goals, including solarizing 235 of its premises, investing Rs 36 billion in renewable energy projects, and prioritizing Diversity, Equity, and Inclusion across its operations.
Sharing his comments, Sultan Ali Allana, Chairman – HBL, stated, “For two decades, we have consistently seized opportunities to promote sustainable development and foster prosperity in the country. Building on the ethos of AKFED, we seek to enrich the lives of those we serve. As financial literacy and inclusion remain our directional vectors, we are cognizant of the need to constantly innovate and leverage technology.
Our focused approach and interventions through HBL’s SME, Agri, and Microfinance arms have ensured banking coverage to over 36 million people throughout the country, most of whom we considered un-bankable.
In 2023, the HBL Board supported the enhancement of the Bank’s contribution to the HBL Foundation (HBLF) from 1% profit after tax to 1.5% profit after tax. With this enhanced capacity, the HBL Foundation has been able to widen its program spread across key areas of need, making robust contributions to healthcare, education, and community development.”
HBL has achieved a remarkable milestone with the HBL Foundation surpassing Rs 3 billion in direct contributions, positively impacting nearly 10 million lives across Pakistan.
The Foundation allocated funds for healthcare, education, and vocational training programs for skill development and sustainable livelihoods. The Foundation also played a pivotal role in disaster response and community welfare.
This landmark achievement is highlighted in HBL’s Impact & Sustainability Report 2023, reaffirming its position as a catalyst for sustainable development in Pakistan. The comprehensive report highlights the Bank’s contributions across economic, social, and environmental dimensions, underscoring its alignment with the United Nations’ Sustainable Development Goals (SDGs) and Global Reporting Initiative (GRI) standards.
The report also outlines tangible achievements marking significant milestones in 2023.
Key Achievements:
HBL invites you to read its Impact and Sustainability Report – 2023 to learn how profitability and sustainability together make a real difference.
Pakistan, Islamabad – 28 January 2025:
HBL Microfinance Bank (HBL MfB) proudly announces the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors, succeeding Rayomond H. Kotwal. Maya Inayat Ismail was part of the core strategic team that established HBL MfB’s predecessor organisation, FMFB, the first microfinance bank in Pakistan, bringing to life His Highness the Aga Khan’s vision of ensuring access to financial services for underbanked communities. She has been a member of the Board of HBL Microfinance Bank since 2016 and Chair of the FISC Committee, reflecting her passion and dedication to financial inclusion. Maya Inayat Ismail brings over 25 years of experience in the financial sector, with a strong focus on financial services institutions, managing strategic partnerships, and strategy formulation to benefit people at the grassroots level.
The outgoing Chairman, Rayomond H. Kotwal remarked, “It has been an honour to serve as the Chairman of HBL Microfinance Bank. I am proud of what we have achieved together in driving financial inclusion across Pakistan. I am confident that Maya Inayat Ismail’s appointment will usher in a new era of innovation for the Bank, and I look forward to seeing the Bank flourish under her guidance.”
Sultan Ali Allana, Chairman - HBL, expressed his confidence in Maya Inayat Ismail’s appointment, saying, “Maya Inayat Ismail’s expertise, coupled with her unwavering commitment to financial inclusion, will further enhance HBL Microfinance Bank’s ability to address the needs of underserved communities in Pakistan. Maya Inayat Ismail is the first woman to Chair an Aga Khan Fund for Economic Development (AKFED) institution reflecting our vision to break barriers in leadership. I also extend my heartfelt appreciation to the outgoing Chairman Rayomond H. Kotwal for his remarkable leadership, his dedication and his contributions during his tenure, and look forward to the next chapter in the Bank’s legacy.”
Maya Inayat Ismail commented on her appointment, stating, “I am deeply humbled and honoured to take on the role of Chairperson of HBL Microfinance Bank. This is a symbol of the circle of life for me, as it builds on my association with HBL MfB for over two decades. We strive to create a financially inclusive Pakistan; I am committed to building on the incredible progress the Bank has made under Rayomond H. Kotwal’s stewardship. Together with the Board, Management, and employees, I look forward to driving impactful change that empowers individuals and strengthens communities.”
About HBL Microfinance Bank:
HBL Microfinance Bank Ltd. was established in 2002 as the first private sector microfinance bank, licensed by the State Bank of Pakistan. HBL MfB was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Programme (AKRSP), an integrated development program to pioneer the microfinance sector in the country, operating since 1982 in Gilgit-Baltistan and Chitral.
HBL MfB boasts the largest portfolio in the microfinance industry, serving over 4 million customers through a footprint of 225 locations and 133 ATMs across Pakistan.
HBL MfB was established with the mission to respond to poverty and contribute to the social and economic well-being of society by providing opportunities to thousands of under-privileged households. Through targeted financial and multi-sectoral products and services based on the evolving needs of the poor, HBL MfB enables its clients to strengthen their entrepreneurial base and build financial, physical, and human capital to secure their future.
For media inquiries, please contact:
HBL Microfinance Bank
Corporate Communications Department
Email: corporate.communications@hblmfb.com
Muhammad Nassir Salim, President & CEO - HBL (standing 2nd from left) and Luke Thompson, Managing Director, S&P Global Market Intelligence (standing 3rd from left) at the launch of the HBL and S&P Global Purchasing Managers Index (PMI) for Pakistan at an event in Islamabad.
Pakistan, Islamabad – 14 February 2025:
HBL, in collaboration with S&P Global, announced the launch of the HBL S&P Global PMI® (Purchasing Managers’ Index™) series for Pakistan. This landmark initiative aims to provide valuable data and timely insights into the overall economic health of Pakistan’s manufacturing sector, marking a significant advancement in economic analysis for the country.
The HBL S&P Global PMI is a standardized and internationally recognized economic indicator that will be released monthly, offering critical data on various aspects of the economy. This index is designed to serve as an essential tool for financial institutions, policymakers, and businesses, facilitating informed decision-making and strategic planning across multiple sectors.
During the launch event, senior executives from S&P Global elaborated on the significance of the PMI as a key economic instrument.
Luke Thompson, Managing Director - S&P Global Market Intelligence, remarked, “The launch of Pakistan’s first ever PMI is a significant event contributing to the accessibility of timely and high-frequency data to track economic developments in Pakistan and support decision making by financial institutions, investors and businesses. We expect the new HBL Pakistan Manufacturing PMI will quickly become established as a key indicator in the national economic calendar.”
Muhammad Nassir Salim, President & CEO - HBL, stated, “We are pleased to launch the PMI for Pakistan, which will enhance investor confidence and transparency in our economy.
This index will not only provide valuable insights for businesses but will also serve as a vital resource for policymakers and investors navigating Pakistan’s economic landscape.”
The HBL S&P Global PMI is expected to play a crucial role in fostering greater engagement and investment across various sectors, ultimately contributing to the overall economic growth of Pakistan. The index will be compiled from responses to questionnaires sent to a diverse panel of industries, ensuring a comprehensive representation of the economy.
The HBL S&P Global PMI will be released on the first working day of each month, offering stakeholders a reliable and consistent measure of economic performance. This initiative aims to enhance transparency and provide critical insights into the economic conditions shaping Pakistan’s future, ultimately supporting informed decision-making and strategic planning across various sectors.
Pakistan, Karachi – 19 February 2025:
HBL today declared a record profit before tax of Rs 120.3 billion for the year ended December 31, 2024, 6% higher than in 2023. The profit after tax was Rs 57.8 billion as the Government once again increased the tax rate on Banks to a massive 54%. EPS for 2024 was Rs 39.85, compared to Rs 39.32 in 2023. Along with the results, the Bank declared a final Cash Dividend of Rs 4.25 per share i.e. 42.5% for the year ended December 31, 2024. This is in addition to the interim Cash Dividend(s) already paid at Rs 12 per share i.e. 120%.
HBL’s balance sheet grew by 9% to Rs 6.1 trillion, with total deposits closing at Rs 4.4 trillion, a growth of Rs 228 billion over December 2023. Domestic deposits grew by Rs 187 billion reaching Rs 3.6 trillion, with the CASA ratio showing a strong improvement to reach nearly 90%. HBL’s total advances increased by over 30% to Rs 2.4 trillion with the domestic lending book crossing a landmark Rs 2.0 trillion. Our flagship consumer portfolio continued its growth trajectory, reaching Rs 143 billion, while the Group’s agriculture financing increased to over Rs 100 billion.
Despite drastic monetary easing, which saw a drop of 900bps in the SBP’s Policy Rate over the year, HBL’s net interest income increased to Rs 246 billion. This was supported by a 17% volumetric expansion in the average domestic balance sheet and improved spreads in the international business. Non-fund income grew by an impressive 68% to Rs 96.5 billion, on the back of a very strong contribution from the Treasury business. The fee franchise yet again delivered excellent double-digit growth, increasing by 17% to Rs 49.5 billion; Cards contributed more than 50% of the increase along with solid contributions from Bancassurance and retail banking. HBL’s total revenues thus increased by 14% to an industry-leading Rs 342 billion.
Conscious efforts to optimize costs has contained administrative expense growth to 13%, improving the cost/income ratio to 56.3% in 2024. Despite an uptick in non-performing loans, the infection ratio is at an all-time low of 4.3%. HBL’s sustained profitability has led to a strong improvement in the Capital Adequacy Ratio which increased from 16.0% in Dec’23 to a solid 17.7%, well above required levels.
Commenting on the Bank’s results, Muhammad Nassir Salim, President & CEO – HBL, said, “HBL continues to deliver value for its stakeholders while navigating an increasingly complex external environment. The strong 2024 financial results ratify the Bank’s strategic direction. The Bank is proud to serve its valued clients and play its due role in the economic development of Pakistan.”
Delivering value for stakeholders
The Bank is committed to providing holistic support to the vital agriculture sector to enhance national food security. Earlier this year, HBL launched HBL Zarai Services Limited, a wholly-owned subsidiary aimed at revolutionizing the agricultural value chain.
HBL Zarai focuses on boosting local farming productivity and fostering inclusive growth by providing farmers with agronomy services, crop inputs, access to modern mechanization and more. These services are offered through Zarai Deras, specialized distribution and service centers in Burewalla, Sahiwal, Pakpattan and Sadoke. By improving access to essential resources, HBL Zarai enhances farmer productivity, contributing to the economic development of Pakistan’s agricultural sector.
HBL is the largest lender and mobilizer of government agriculture financing subsidies including solar tube wells, tractors, and livestock. With a total portfolio of over Rs 100 billion, the HBL Group holds the largest market share in both commercial and microfinance agriculture lending in Pakistan.
HBL is fully committed to growing the “S” of SME business in a significant and sustainable way. The Bank’s focus is on cash flow-based lending where it enjoys the highest portfolio in the industry. SME businesses are crucial drivers of the economy and require enhanced access to formal finance. HBL has undertaken a number of initiatives to help transform the SME landscape, fostering growth and creating opportunities for small businesses. As testament to our efforts HBL has been recognized as ‘The Best SME Bank’ by the ‘Pakistan Banking Awards’.
HBL remains a thought leader, and has actively supported SBP and the World Bank, in the development of the National Green Taxonomy. This has allowed the Bank to further identify green financing opportunities for climate change mitigation and adaptation.
In recognition of the Bank’s leadership, performance and innovative approach, Euromoney Awards for Excellence 2024 awarded HBL the accolades of ‘Pakistan’s Best Bank’, ‘Pakistan’s Best Bank for Corporates’, and ‘Pakistan’s Best Bank for ESG’. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) awarded HBL the accolade of the ‘Best Conventional Bank of the Year Excellence Award’. Moreover, HBL was honoured with the ‘Best Board of the Year’ award by the Pakistan Institute of Corporate Governance (PICG).
Maya Inayat Ismail, Chairperson – HBL Sustainability Forum, (sitting 3rd from left), and Salaal Hasan, CEO – Ahya, (sitting 4th from left), signed the agreement. Senior members from both organizations were also present on this occasion.
Pakistan, Karachi – 20 February 2025:
HBL, Pakistan’s leading bank, has partnered with Ahya Technologies, a Pakistani company specializing in AI-powered climate software, to accelerate its journey towards net-zero emissions by 2030. This collaboration underscores HBL’s commitment to sustainability, in line with the Aga Khan Development Network (AKDN) goals.
This partnership provides HBL access to a suite of advanced climate software products designed to simplify emissions management and reduction with accuracy, transparency, and cost efficiency. AhyaOS offers HBL a single platform to measure, analyze, reduce and report on all emissions, enabling the Bank to create decarbonization plans and achieve science-based targets (SBTs).
Speaking at the occasion, Salaal Hasan, CEO – Ahya, stated, “Embedding sustainability into the business model of financial institutions is a core economic need. We are proud to partner with HBL, the region’s leading sustainable bank, in enabling their journey to net zero. Together, we act on our shared mission in managing and reducing HBL’s emissions through AhyaOS — acting as a single source of truth for sustainability data, making it as easy to understand and report as financial data.”
Commenting on the partnership, Maya Inayat Ismail, Chairperson – HBL Sustainability Forum, said, “At HBL, sustainability is not just a commitment; it is a responsibility woven into the fabric of our operations. Partnering with Ahya Technologies marks a significant step in our aim to achieve net-zero operational emissions by 2030. We are determined to lead the way in sustainable banking, proving that financial success and environmental stewardship can go hand in hand.”
About HBL
HBL, Pakistan’s leading Bank, was the first commercial Bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and maintained its position as the leading private sector bank in Pakistan with 1700+ branches, serving over 37 million clients worldwide. With a presence across major trade zones in the world, the Bank is recognized for its client-centric innovation in financial services.
About Ahya
A climate software and AI venture with a unified AI-powered platform for climate action. Ahya’s mission is to enable enterprises and financial institutions to achieve net zero with accuracy, transparency, and equitable economic growth. Ahya’s platform consists of two core products in AhyaOS - an AI-powered carbon management and accounting platform (CMAP) and Tawazun - a digital voluntary carbon marketplace. Ahya was founded in 2022 and has a presence in Pakistan, Saudi Arabia, and the United Arab Emirates, three of the largest economies and emission markets of the greater Middle East.
Maya Inayat Ismail - Chair, HBL Microfinance Bank and HBL Sustainability Committee (left) and Maria Smith – Chief Impact Officer, BII (right) signed the agreement between BII and HBL. Senior members from both organizations were also present on this occasion.
Funding from the facility will be directed towards the agriculture sector, which contributes 24 per cent to Pakistan’s GDP and employs 37 per cent of its workforce.
The facility will mainly support smallholder farmers, including those in dairy and poultry farming, who often lack access to finance.
Farmers vulnerable to climate change impacts, will receive support to adopt sustainable practices, enhancing their resilience, yields and incomes.
(BII), the UK’s development finance institution and impact investor, today announced a $75 million finance facility with HBL, Pakistan’s leading bank. The new facility will support farmers and agribusinesses in Pakistan by providing increased access to essential finance and enhancing their resilience to climate change.
Pakistan, Karachi – 10 March 2025:
The agriculture sector is vital for Pakistan’s economic growth, food security, and the livelihoods of many, contributing 24 per cent to the GDP and employing 37 per cent of the workforce, including being the largest employer of women. However, the sector faces numerous challenges such as limited access to finance, modern machinery, and equipment, increased vulnerability to climate change, and underdeveloped value chains.
With this financing, HBL plans to expand its agriculture portfolio, dedicating 50 per cent of the funds to smallholder farmers who constitute over 90 per cent of Pakistan’s farming population. Agribusinesses throughout the agricultural value chain, from production to logistics, will also be supported to strengthen the entire sector, ensuring long-term growth and stability.
Furthermore, the Bank will promote climate adaptation initiatives such as solar-powered irrigation systems, to reduce emissions and bolster farmers’ resilience to environmental challenges.
By improving access to finance and the integration of farmers and agribusinesses into value chains and markets as well as increasing their resilience to climate change, this partnership seeks to boost productivity in the agriculture sector and support food security in Pakistan.
British High Commissioner, Jane Marriott CMG OBE, said: “The agriculture sector is critical for Pakistan’s economic growth, food security, and the livelihoods of many. This UK partnership will help overcome financial barriers to investing in climate-proof farming practices and contributing to this important part of the economy.”
Habib Yousuf, Regional Director for South Asia at BII said: “BII is proud to partner with HBL to enhance the resilience and productivity of Pakistan’s agriculture sector. By increasing access to essential finance and promoting climate adaptation measures, this partnership aims to address critical challenges in the sector, ensuring sustainable growth, improved livelihoods, and food security for the nation.”
Maya Inayat Ismail, Chairperson, HBL Sustainability Forum commented: “At HBL, sustainability is a core principle embedded across our operations—from inclusive financial services to responsible supply chain management. Through climate-smart financing and yield insurance programs we are helping farmers mitigate risks from climate change, ensuring financial security and long-term resilience. Our partnership with BII strengthens these efforts, driving sustainable impact where it matters most.”
Notes to editors
For media inquiries please contact:
About British International Investment
British International Investment is the UK’s development finance institution and impact investor. As a trusted investment partner to businesses in Africa, Asia and the Caribbean, BII invests to create productive, sustainable and inclusive economies in our markets. Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development. The company has investments in over 1,580 businesses across 65 countries and total net assets of £8.5 billion.
BII has been investing in Pakistan since 1988, supporting high-impact sectors such as infrastructure, clean energy, financial services, food and agriculture. For more information, visit: www.bii.co.uk | watch here. Follow British International Investment on LinkedIn and X.
About HBL
HBL was the first Pakistani commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and maintained its position as the leading private sector bank in Pakistan with 1700+ branches, serving over 37 million clients worldwide. With a presence across major trade zones in the world, the Bank is recognized as the leading financial institution in the country for its client-centric innovation in financial services.
Muhammad Nassir Salim, President & CEO – HBL, (standing 4th from left), Saleem Ullah, Deputy Governor - State Bank of Pakistan, (standing 5th from left) and Chen Way Siew, Financial Institutions, Network & Transit Partnerships Lead – Google, (standing 6th from left) at the Google Wallet Launch event held at HBL Tower in Karachi. Other senior officials were also present on the occasion.
Pakistan, Karachi – 19 February 2025:
Starting today, HBL cardholders can add their credit/debit cards to Google Wallet on both Android and Wear OS devices, reinforcing the Bank’s dedication to innovative and secure digital payment solutions.
HBL is the largest card issuer in Pakistan, with over 7 million cardholders. The Bank also leads in transaction volumes, with HBL Cards consistently recording the highest spend in the market.
This strategic collaboration with Google aims to provide users with a smooth and efficient digital payment experience. With Google Wallet, HBL clients can now add their Visa and Mastercard debit and credit cards digitally, enabling fast and secure contactless payments in stores, within apps, and online via Google Pay.
Aamir Kureshi, Head of Products, Transactional Services & Solution Delivery, HBL commented on the launch: “We are pleased to bring Google Wallet for our clients in Pakistan. This initiative underscores our commitment to adopting cutting-edge technologies that enhance the banking experience by offering both convenience and security.”
“Pakistan’s digital payments landscape is evolving rapidly, and with more people embracing digital transactions, Google Wallet provides a secure, seamless, and efficient way to make payments, shop, and travel. It will enable Pakistanis to tap-and-pay in stores, check out seamlessly online, and easily access their boarding passes when they travel. Google Wallet helps keep everything protected in one place, no matter where they go. More importantly, this launch will go a long way in supporting financial inclusion in Pakistan and unlock economic opportunities for all. This milestone further cements Google’s unwavering commitment to Pakistan, reinforcing our belief in its digital future and potential,” said Farhan Qureshi, Country Director for Google Pakistan.
The introduction of Google Wallet in Pakistan aligns with the country’s ongoing efforts to embrace digital financial solutions. Google Wallet is now available for download on Android devices via the Google Play Store.
Download Google wallet:
https://play.google.com/store/apps/details?id=com.google.android.apps.walletnfcrel
Karachi, Pakistan – 3 April 2025
The HBL Pakistan Manufacturing PMI, compiled by S&P Global, posted a reading of 52.7 in March, down from 54.0 in February. A figure above 50 denotes an expansion in activity and below it signifies a contraction.
Humaira Qamar – Head of Equities & Research stated “This was the lowest reading since Sep’24 but remained within the expansion territory. The pace of expansion slowed due to a softer rise in New Orders and Manufacturing Output. New orders & output grew at a slower rate but remained robust, flashing early signs of demand resilience in the economy”
The latest expansion in new orders is driven not only by a recovery in domestic demand but also by rising foreign demand for Pakistani goods. New export orders expanded for the seventh consecutive month and firms credited this to improved quality standards.
Humaira pointed out that the recent dip in goods exports is not concerning. “The recent broad-based decline in goods exports observed in February appears transitory and this was most likely attributable to the fewer number of days during the month.”
The March PMI release comes a week after the latest GDP statistics from PBS. The core advantage of the PMI is its ability to provide up-to-date, accurate and often unique monthly indicators of economic trends while GDP is quarterly and typically lags by a period of 3-5 months.
Humaira acknowledged that GDP growth remains on the weaker side but there are early signs of growth returning and the sector’s outlook remains positive. Her optimism is shared by the survey participants.
“Despite weaker hard data, with PBS recently reporting a 0.2% contraction in industrial activity during October-December 2024, the sectors outlook remains positive. The confidence of survey participants was associated with expectations of easing price pressures as well as accommodative economic and taxation policies.”
Karachi, Pakistan – 10 April 2025
The most awaited sporting event of the year, HBLPSL, is back for its landmark season HBLPSL X, celebrating a decade of HBLPSL. Kicking off on 11 April 2025 in Rawalpindi, the tournament will feature thrilling matches across four cities – Karachi, Lahore, Multan, and Rawalpindi. The final is set to take place on 18 May 2025 at the iconic Gaddafi Stadium in Lahore.
HBL has sponsored the League since its inception in 2016 and in 2025 it completes its decade-long association. HBLPSL has played a transformative role in both cricket and nation building. As the biggest sporting event in the country, HBLPSL has played a key role in re-igniting the passion for cricket in the nation. It not only provides a platform to young cricketers to be a part of the international cricket circle but also brings international cricketers to Pakistan.
Commenting on the significance of this milestone, Ali Habib, Chief Marketing & Communications Officer – HBL, said, “HBL is proud to have been the founding sponsors of this tournament, delighting tens of millions of Pakistanis in Pakistan and across the globe. This year, HBL is celebrating a decade of HBLPSL with the theme ‘Zabar دس Khel’. HBLPSL season ten is proof that Pakistan possesses the passion, the commitment and the skill to hold events of international standards.”
HBLPSL 2016 - 2024 Winners
Player of the Tournament – Ravi Bopara
(Karachi Kings)
Player of the Tournament – Shane Watson
(Quetta Gladiators)
Player of the Tournament – Mohammad Rizwan
(Multan Sultans)
Player of the Tournament – Kamran Akmal
(Peshawar Zalmi)
Player of the Tournament – Babar Azam
(Karachi Kings)
Player of the Tournament – Ihsanullah
(Multan Sultans)
Player of the Tournament – Luke Ronchi
(Islamabad United)
Player of the Tournament – Sohaib Maqsood
(Multan Sultans)
Player of the Tournament – Shadab Khan
(Islamabad United)