Bank of Khyber: Bank earns Rs1.18b before taxes

BoK CEO Mustafa says that BoK’s total deposits as of September 30, 2012 depicts 46% growth compared to September...

PESHAWAR:

The Bank of Khyber (BOK) has declared an untaxed profit of Rs1.181 billion for the period ended September 30, 2012. The disclosure was made in a senior management committee meeting held at the BoK head office.  

BoK CEO Bilal Mustafa lauded the growth achieved in all operational areas of the bank during the 3rd quarter of the current financial year, and expressed his confidence in field staff and supporting teams. Mustafa mentioned that BoK’s total deposits as of September 30, 2012, stand at Rs58 billion, depicting 46% growth as compared to September 2011.

At present, BoK’s total assets stand at Rs77 billion. “These results reflect the confidence of the general public and institutions over the services of BoK,” said Mustafa.

Published in The Express Tribune, October 23^rd, 2012.