BoK approves final cash dividend of Rs 0.5 per share

The 29th Annual General Meeting (AGM) of the Bank of Khyber was held on March 27 at Peshawar electronically via Videocon in view of the recent outbreak of the COVID-19. Meeting was attended by the, Directors, CEO, minimum numbers of shareholders and some executives of the Bank.
In the meeting, the shareholders adopted Annual Financial Statements of the Bank for the year ended December 31, 2019 without any change as approved by the Board of Directors in its 160th meeting held on March 04, 2020.
The annual financials statements of the Bank were circulated on March 06, 2020 to all shareholders along with Notice of 29th AGM and are already available on Bank's website.
Besides, adoption of the financial statements, the shareholders also approved Final Cash Dividend of Rs.0.5 per share (i.e. 5pc) for the year 2019. Shareholders also approved re-appointment of Bank's External Auditors EY.Ford Rhodes for the year ending December 31,2020 and fixed their remuneration.
Moreover, as special business agenda approved transmission of annual audited financial statements, auditors report and directors report along with notice of general meeting to the shareholders of the Bank of Khyber through CD/DVD/USB at their registered addresses in soft form.-PR