News Column

BoK achieved milestone achievement of 100 bln deposits

June 15, 2014

Khyber Pakhtunkhwa Minister for Finance, Siraj-ul-Haq Thursday said that policies and management of coalition government has resulted in improving the overall working of Bank of Khyber (BoK) and it achieved historic and milestone achievement of Rs 100 billion deposits during last fiscal year.

During his budget speech in Provincial Assembly, he informed that record increase of 29 percent has been made in deposits while volume of Annual Financial Returns has been enhanced by 32 percent.

He said that rating of the bank has also been improved that is reflective of its economic and financial stability.

He said that 101 branches of the bank been established among which 57 were working on routine pattern while 44 were providing Islamic Banking to customers.

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Source: Balochistan Times (Pakistan)

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