Azad Jammu and Kashmir (AJK) Prime Minister Chaudhry Anwar ul Haq reaffirmed his government's commitment to modernise the Bank of Azad Jammu and Kashmir (BoAJK) and align it with contemporary financial standards.
Addressing the signing ceremony of a strategic agreement between the Bank of Azad Jammu and Kashmir (BoAJK) and the iConsult Consortium, the AJK PM called the modernization of BoAJK a "significant milestone" in the region's financial sector.
He assured that the government would extend full support and resources for the development and digital transformation of the bank. He said the people of AJK aspire to see BoAJK ranked among the top financial institutions in the country.
The AJK premier also announced plans to expand the bank's operational scope across AJK and throughout Pakistan, adding the government is determined to achieve scheduled bank status for the government backed financial institution.
On the occasion, Azad Jammu and Kashmir Legislative Assembly Speaker Chaudhry Latif Akbar expressed satisfaction with the progress made by the bank and encouraged further improvements in service delivery to benefit the people of the region.
BoAJK Chairman Abdul Majid Khan reiterated the administration's commitment to broad financial reforms describing the initiative as a step forward in economic empowerment in AJK.
BoAJK President Shahid Shahzad Mir provided a detailed overview of the bank's modernization roadmap and the objectives of the newly signed agreement.
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