ISLAMABAD: The assets of the Bank of Khyber (BoK) have reached Rs 175 billion which shows the confidence of the public on the Bank.
This was stated Managing Director and CEO, Bank of Khyber (BoK), Shams-ul-Qayyum while addressing “Half Yearly Branch Banking Conference and Awards Ceremony 2016” as a part of BOK’s Silver Jubilee Celebrations (1991-2016) held here.
He said, the BoK is an A-1 rated commercial ban with a network of more than 130 branches serving the people in more than eight cities across the country.
He said, for active participation in robust economic growth of the country, the 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 Rs 1.021 Billion after tax as on June 30, 2016.
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 Rs 146.02 billion as on June 30. 2016.
In order 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.
He said, the BoK reaffirms its commitment to play vital role in socio-economic development of the country in general and Khyber Pakhtunkhwa in particular.
