Bank of Khyber

The Bank of Khyber

Company type	Public
Traded as	PSX: BOK
Founded	1991; 34 years ago (1991)
Number of locations	260
Revenue	Rs. 16.001 billion (US$55 million) (2023)
Operating income	Rs. 6.701 billion (US$23 million) (2023)
Net income	Rs. 3.481 billion (US$12 million) (2023)
Total assets	Rs. 383.186 billion (US$1.3 billion) (2023)
Total equity	Rs. 20.301 billion (US$70 million) (2023)
Owner	Government of Khyber Pakhtunkhwa (66.85%) Ismail Industries Limited (23.2%)
Website	bok.com.pk
Footnotes / references Financials as of 31 December 2023^[update] [1]

The Bank of Khyber (Urdu pronunciation: [bɛŋk əv ˈkʰaɪ.bər] bank-of-KHY-bər) is a provincial government bank owned by Government of Khyber Pakhtunkhwa and based in Peshawar, Pakistan, with 260 branches all over the country.[2]

History

It was set up as a state-owned, regional bank in 1991 along with the Bank of Punjab and the First Women Bank.[3] 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.[4]

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.[5][6]

References

1. "Bank of Khyber Annual Report 2023". Retrieved 18 May 2024.
2. "Bouncing back: After record profits, Bank of Khyber set to continue expansion". The Express Tribune. March 27, 2012.
3. 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.
4. Hussain, Dilawar (January 22, 2006). "First public offering of 2006 on 25th". DAWN.COM.
5. "BoK goes digital to expand market share". www.thenews.com.pk. Archived from the original on 2021-01-19. Retrieved 2021-01-15.
6. "BOK launches mobile app". DAWN.COM. 2021-01-15. Archived from the original on 2021-01-21. Retrieved 2021-01-15.

External links

• Official website