BoK celebrates 25 years of excellence

Islamabad—The Bank of Khyber (BoK) reaffirmed its commitment to play vital role in socio-economic development of the country in general and Khyber Pakhtunkhwa in particular. This was stated by Shams-ul-Qayyum, Managing Director & CEO BoK, while addressing “Half Yearly Branch Banking Conference and Awards Ceremony 2016” as a part of BoK’s Silver Jubilee Celebrations (1991-2016) held in Islamabad. Shams-ul-Qayyum mentioned that BoK assets reached Rs175 billion which shows the confidence of the public on the Bank, adding that the BoK is an A-1 rated commercial ban with a network of more than 130 branches serving the people in more than 8 cities across the country. He stated that for active participation in robust economic growth of the country, BOK team will have to touch much higher horizons with greater innovation and larger foothold in Banking Industry.
Currently BoK in its first six months of 2016 declared a profit of Rs1.021 Billion after tax as on 30th June 2016. Moreover he further highlighted that the public has expressed its confidence in the services of the Bank as the deposit base of the Bank has considerably increased and was Rs146.02 Billion as on June 30. 2016. To further enhance market share and to bank the unbanked segment of the economy, BoK is in continuous process of expansion and 20 more branches in 10 different cities of the country will be opened by the end of December 2016. “This is a proud moment for the BoK Family as a journey that started in 1991 with a small network has reached so far in such a short span of time and will be furthered with the support of our valued clients and we will achieve our targets of economic growth and social prosperity”, Shams-ul-Qayyum mentioned.—Agencies

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