Federal Reserve Board announces termination of enforcement actions with Habib Bank Limited and Habib Bank Limited New York Branch and Persons Banking Company, Inc.

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Federal Reserve Board announces termination of enforcement actions with Habib Bank Limited and Habib Bank Limited New York Branch and Persons Banking Company, Inc.

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The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 29, 2020. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Habib Bank Limited, Karachi, Pakistan and Habib Bank Limited New York Branch, New York, New York Cease and Desist Order dated Dec. 11, 2015 (PDF) Terminated Sept. 22, 2020 Persons Banking Company, Inc., Macon, Georgia Written Agreement dated Oct. 14, 2010 (PDF) Terminated Sept. 22, 2020 Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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