HBL ATM

Muhammad Sarfraz Khan

Australasia Bank had the unique distinction of being closely identified with some of the country's most prominent leaders of the Pakistan Movement such as Mian Mumtaz Daultana on (Board of Directors), Mian Iftikhar Hussain and Maulana Zafar Ali Khan. The bank originally started its operation in the garage of Khawaja Bashir Baksh's bungalow (who was the chairman) near the Lahore Railway Station. But the success of the bank enforced the directors to open another branch in Anarkali Bazar on 1 March 1944. Khawaja Bashir was first chief executive. He was the person who was really working hard for its development. His sincerity of purpose can be judged from his great initiatives. Another branch was opened at Amritsar in 1945. In June 1946, the bank earned the status of scheduled bank. During 1946-47, many other branches were opened at Mcleod Road, Lahore, Jallandhar, Ludhiana, Agra and Delhi.

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