Bank of Khyber explained

The Bank of Khyber
Type:Public
Revenue Year:2023
Income Year:2023
Net Income Year:2023
Assets Year:2023
Equity Year:2023
Owner:Government of Khyber Pakhtunkhwa (66.85%)
Ismail Industries Limited (23.2%)
Num Locations:260
Footnotes:Financials [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

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

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

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

Notes and References

  1. Web site: Bank of Khyber Annual Report 2023. 18 May 2024.
  2. Web site: The Bank of Khyber is setting out its line of defence against the treasury single account. Ariba. Shahid. January 15, 2023. Profit by Pakistan Today. January 17, 2023. January 17, 2023. https://web.archive.org/web/20230117002850/https://profit.pakistantoday.com.pk/2023/01/16/the-bank-of-khyber-is-setting-out-its-line-of-defence-against-the-treasury-single-account/. live.
  3. Web site: First public offering of 2006 on 25th. Dilawar. Hussain. January 22, 2006. DAWN.COM.
  4. Web site: BoK goes digital to expand market share. 2021-01-15. www.thenews.com.pk. en. 2021-01-19. https://web.archive.org/web/20210119034351/https://www.thenews.com.pk/print/773893-bok-goes-digital-to-expand-market-share. live.
  5. Web site: Report. Bureau. 2021-01-15. BOK launches mobile app. 2021-01-15. DAWN.COM. en. 2021-01-21. https://web.archive.org/web/20210121073009/https://www.dawn.com/news/1601609. live.