The Bank of Khyber (BoK) has posted profit before tax of Rs 1.1 billion for nine month period ended 30th September 2011, which shows increase of 188 percent over the corresponding period of 2010. Bilal Mustafa, Managing Director BoK informed the 109th Board of Directors (BoD) meeting held Attaullah Khan Additional Chief Secretary Government of Khyber Pakhtunkhwa in the chair.
Sahibzada Saeed Ahmad Secretary Finance Government of Khyber Pukhtunkhwa & Member BoK BoD, Mir Javed Hashmat Executive Director BoK, Maqsood Khan, Muhammad Asif, Maqsood Ismail and Amjad Pervez also attended the meeting. The board also approved the BoK accounts for the period of nine month ended 30th September 2011 and appreciated the efforts of the management of BoK for increasing the profitability and other results of the bank as compared to previous years. The BoD appreciated the efforts of BoK on overall growth in all respective operational areas. Mustafa gave briefing regarding ongoing process of establishment of new branches and informed the board about network of branches across the country.