LAHORE (PR) – The Bank of Punjab is set to achieve another milestone when it launches Islamic banking in its operations. Apart from shoring up tangible support for the bank in the last four years, the Chief Minister also engendered an environment in the bank that ensured zero tolerance for corruption and eliminated government interference in the bank’s affairs. The Chief Minister Punjab has thus been principally responsible for restoring bank’s trust and goodwill amongst its customers.
In such an environment, backed by prudent financial management through a team of committed professionals the bank has grown from strength to strength during this time leading to Growth in deposits from Rs.164billion to Rs.266 billion.
Growth in branch network to 306 branches across Pakistan.
Handling home remittances of Rs.176 billion (USD2billion).
Lead arrangement for wheat procurement worth Rs.248 billion.
New relationships numbering 545,598 in this period.
Largest portfolio of Vehicle financing, now in excess of 20,000 vehicles.