MABAD - The Bank of Khyber (BoK) earned operational profit of Rs 363 million in the 1st quarter (January-March 2010) of this year, which shows 53 percent growth over corresponding period profit of 2009 which was Rs 238 million.
This was disclosed by Bilal Mustafa Managing Director BoK while addressing quarterly operational review meeting of BoK chief managers and managers from all over the country at Banks Head Office, Peshawar on Thursday. The conference was attended by Mir Javed Hashmat Executive Director BoK, Imran Samad Group Head Credit Management, Executive Vice President HRD Hamid Ayub apart from divisional heads.
Bilal Mustafa appreciated the growth in all operational areas of the BoK during first quarter and expressed his confidence on the field staff and head office support team. Mustafa also mentioned, In order to achieve targets of 2010 we have to enhance the range of our services and bring efficiency as far as customers services are concerned.
Bilal Mustafa said that in-spite of unfavourable economic conditions through out the country, especially in the province; BoK had been able to show a reasonable growth in deposits and business new first quarter 2010. He said that BoK added seven branches during last quarter of 2009.