BOK posts Rs 598 mn PAT during initial nine months of 2019.

 
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PESHAWAR -- The Bank of Khyber (BoK) has posted a profit before tax of Rs 900 million and profit after tax of Rs 598 million during the iniital nine months of current year 2019 while earnings per share stood at Rs 0.60.

Accroding to a press release issued here on Friday, the 158th meeting of the Board of Directors of the bank held at Islamabad to review the performance of the bank and approve the condensed interim financial statements for the nine months ended on September 30, 2019.

The meeting was chaired by Khyber Pakhtunkhwa Additional Chief Secretary and Chairman BOK Board of Directors Dr. Shahzad Khan Bangash which was also attended by KP Finance Secretary Shakeel Qadir khan and other members of BoD including Maqsood Ismail, Javed Akhtar, Rashid Ali Khan, Asad Muhammad Iqbal and Shaharyar Ahmad.

The meeting was told that during the period of last nine months, the deposits have registered a growth of 9 percent closing at Rs 187,256 million that were Rs 171,168 million on December 31, 2018, whereas Advances reached at Rs 118,904 million showing...

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