[4] HBL significant shareholding lies with the Aga Khan Fund for Economic Development (AKFED) which is based in Geneva, Switzerland.

IBFT (Interbank Funds Transfer) facility and utility bill payment capability are also provided at HBL ATMs.

[9] In 1937, under Mahomedali's influence, the Habib family converted from Isma'ilism to Isnasheri Shia Islam, aligning religiously more closely with Jinnah.

The Habib family received compensation of PKR 36.31 per share from the Government of Pakistan and subsequently the bank was delisted from the Karachi Stock Exchange.

In December 2003, the Government of Pakistan granted AKFED rights to 51% of the shareholding in the bank against an investment of PKR 22.409 billion (US$389 million).

The bank's owners now comprise the Aga Khan Fund for Economic Development (51%), and the remaining 49% of shares are in free float.

[18] In February 2018, HBL appointed senior banker Muhammad Aurangzeb (formerly CEO of Global Corporate Bank – Asia Pacific at JP Morgan) as its President & CEO following the early retirement of Nauman K. Dar on 31 December 2017, after the bank was marred by a penalty of $225 Million (USD) for its non-compliance with risk management and anti-money laundering rules.

In September 2017, HBL agreed to pay a fine of $225 million in an out-of-court settlement with the New York State Department of Financial Services (DFS) against 53 separate violations allegedly committed between 2007 and 2017.

[35] Habib also allegedly cleared transactions to a cybercriminal wanted by the US Federal Bureau of Investigation and a Chinese weapons manufacturer that was subject to US sanctions.

Since Habib's New York operations were used to clear dollar-denominated transactions, the bank is required to follow US "know your customer" rules and sanctions law.

The plaintiff claimed that between 2010 and 2019, the bank had aided and abetted Al-Qaeda terrorism and had participated in a conspiracy to launch attacks in Afghanistan that killed or injured 370 people.

[37] HBL was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ).