Habib Bank fined $630m for AML breaches

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Habib Bank fined $630m for AML breaches

John Loh
August 29, 2017 07:00 am
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The US has slapped Habib Bank (HBL) with one of the biggest fines on an Asian financial institution in recent years. Pakistan's largest bank is the latest lender to be penalised for flouting anti-money laundering rules but said it would contest the fine.

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