Year end: BoK shows increased revenue in six-month review

At closing on June 30, the bank’s paid-up capital stood at Rs10 billion. Paid capital is funded by shareholders.


Our Correspondent September 14, 2014

PESHAWAR:


The Bank of Khyber (BoK) made positive strides in the six-month-period that ended on June 30, said a statement released on Saturday.


The bank managed to post a pre-tax profit of Rs969 million against that of Rs823 million in 2013, showing an increase of 18%. The profit after tax stood at Rs634 million, showing an increase of 15% compared to that in 2013.


Deposits have grown by 9%, from Rs77,218 million on December 31, 2013 to Rs84,349 million on June 30. Investments have risen by 13%, increasing from Rs53,363 million  to Rs60,493 million on  June 30.


At closing on June 30, the bank’s paid-up capital stood at Rs10 billion. Paid capital is funded by shareholders.


The minimum capital requirement of the State Bank of Pakistan was fully met by the end of 2013.


BoK is operating with 101 branches, 2 sub-branches and 2 booths across the country.

Published in The Express Tribune, September 15th, 2014.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ