Based in Karachi, Sindh, the club competed in the National Football Championship and Pakistan Premier League.

The club was formed in 1975 by Habib Bank, hence giving it the nickname, The Bankers.

[2] HBL won the National Football Championship in 1985, beating Pakistan Railways into second place.

[3] It also represented Pakistan at the Asian Club Championship (now the AFC Champions League) in 1986.

They were relegated in the 2006–07 season, but were elected to return, alongside Pakistan Airlines, following expansion of the league to 14 clubs.