Earnings: Bank of Khyber’s PAT up 13%
Deposit base of the bank witnessed consistent growth
PESHAWAR:
The Bank of Khyber (BOK) operational performance has demonstrated improvement in all areas for calendar year 2014. The year has been exceptional for the bank as it posted an operating profit of Rs2,135 million against Rs1,756 million in the corresponding period last year. The bank managed to post a profit before tax of Rs1,900 million against Rs1,669 million in the corresponding period. The profit after tax has recorded an increase of 13% over the corresponding period and clocked in at Rs1,309 million from Rs1,154 million which translates into earnings per share of Rs1.31 against Rs1.15 in 2013. Deposit base of the bank witnessed consistent growth and registered an increase of 19%. The figure increased from Rs77,218 million of the previous year to Rs92,264 million at the end of 2014.
Published in The Express Tribune, March 17th, 2015.
The Bank of Khyber (BOK) operational performance has demonstrated improvement in all areas for calendar year 2014. The year has been exceptional for the bank as it posted an operating profit of Rs2,135 million against Rs1,756 million in the corresponding period last year. The bank managed to post a profit before tax of Rs1,900 million against Rs1,669 million in the corresponding period. The profit after tax has recorded an increase of 13% over the corresponding period and clocked in at Rs1,309 million from Rs1,154 million which translates into earnings per share of Rs1.31 against Rs1.15 in 2013. Deposit base of the bank witnessed consistent growth and registered an increase of 19%. The figure increased from Rs77,218 million of the previous year to Rs92,264 million at the end of 2014.
Published in The Express Tribune, March 17th, 2015.