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Bank of Khyber

From Wikipedia, the free encyclopedia
The Bank of Khyber
Company typePublic
PSXBOK
Founded1991; 33 years ago (1991)
Number of locations
260
RevenueIncrease Rs. 16.001 billion (US$55 million) (2023)
Increase Rs. 6.701 billion (US$23 million) (2023)
Increase Rs. 3.481 billion (US$12 million) (2023)
Total assetsIncrease Rs. 383.186 billion (US$1.3 billion) (2023)
Total equityIncrease Rs. 20.301 billion (US$70 million) (2023)
OwnerGovernment of Khyber Pakhtunkhwa (66.85%)
Ismail Industries Limited (23.2%)
Websitebok.com.pk
Footnotes / references
Financials as of 31 December 2023 [1]

The Bank of Khyber is a provincial government bank owned by Government of Khyber Pakhtunkhwa and based in Peshawar, Pakistan, with 260 branches all over the country.

History

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It was set up as a state-owned, regional bank in 1991 along with the Bank of Punjab and the First Women Bank.[2] It offers Conventional banking, Islamic banking services and microfinance loans.

In January 2006, the bank had an initial public offering of its shares at Karachi Stock Exchange at an offer price of PKR 15.[3]

Branch network

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Currently the bank has 260 branches as of August 2023. The bank is operating with Conventional as well as dedicated Islamic Banking Branches. Further, sub branches and booths are also providing basic banking facilities to the customers. Through this network, the bank is able to offer wide range of products and services to its valuable customers.

BOK Digital

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The bank launched its mobile application called BOK Digital on January 15, 2021.[4][5]

References

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  1. ^ "Bank of Khyber Annual Report 2023". Retrieved 18 May 2024.
  2. ^ Shahid, Ariba (January 15, 2023). "The Bank of Khyber is setting out its line of defence against the treasury single account". Profit by Pakistan Today. Archived from the original on January 17, 2023. Retrieved January 17, 2023.
  3. ^ Hussain, Dilawar (January 22, 2006). "First public offering of 2006 on 25th". DAWN.COM.
  4. ^ "BoK goes digital to expand market share". www.thenews.com.pk. Archived from the original on 2021-01-19. Retrieved 2021-01-15.
  5. ^ Report, Bureau (2021-01-15). "BOK launches mobile app". DAWN.COM. Archived from the original on 2021-01-21. Retrieved 2021-01-15. {{cite web}}: |first= has generic name (help)
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